Global Net Lease, Inc. (GNL) To Go Ex-Dividend on July 13th

Global Net Lease, Inc. (NYSE:GNL – Get Free Report) declared a quarterly dividend on Thursday, June 18th. Stockholders of record on Monday, July 13th will be paid a dividend of 0.19 per share by the financial services provider on Friday, July 17th. This represents a c) dividend on an annualized basis and a dividend yield of 8.3%. The ex-dividend date of this dividend is Monday, July 13th.

Global Net Lease has decreased its dividend payment by an average of 0.1%per year over the last three years. Global Net Lease has a payout ratio of -140.7% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments.

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Global Net Lease Stock Down 0.2%

Shares of NYSE:GNL opened at $9.21 on Friday. The company has a market capitalization of $1.95 billion, a PE ratio of -23.01 and a beta of 1.01. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.11 and a quick ratio of 0.11. The business has a fifty day moving average price of $9.38 and a two-hundred day moving average price of $9.23. Global Net Lease has a 1 year low of $6.77 and a 1 year high of $10.04.

Global Net Lease (NYSE:GNL – Get Free Report) last released its earnings results on Tuesday, May 5th. The financial services provider reported ($0.08) earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.18). The company had revenue of $109.29 million during the quarter, compared to analysts’ expectations of $112.37 million. Global Net Lease had a negative net margin of 8.72% and a negative return on equity of 2.90%. Global Net Lease has set its FY 2026 guidance at 0.800-0.840 EPS.

About Global Net Lease

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Global Net Lease (NYSE: GNL) is a real estate investment trust (REIT) that focuses on acquiring and managing a diversified portfolio of single-tenant, net-lease commercial properties. The company’s business model centers on establishing long-term, triple-net leases with creditworthy tenants, enabling the pass-through of property operating expenses while aiming to provide predictable rental income and stable cash flows. Global Net Lease’s portfolio spans retail, industrial, office and light-industrial assets, each selected for its strategic location and tenant credit quality.

Since launching its initial public offering in April 2016, Global Net Lease has built a presence in key markets throughout the United States and Western Europe.

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