Global Net Lease, Inc. (NYSE:GNL) Plans Quarterly Dividend of $0.19

Global Net Lease, Inc. (NYSE:GNL) declared a quarterly dividend on Thursday, June 18th. Stockholders of record on Monday, July 13th will be given 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 is Monday, July 13th.

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

Global Net Lease Stock Performance

NYSE:GNL opened at $9.21 on Friday. The stock has a 50-day moving average price of $9.39 and a 200 day moving average price of $9.23. The stock has a market capitalization of $1.95 billion, a P/E ratio of -23.01 and a beta of 1.01. Global Net Lease has a 12-month low of $6.77 and a 12-month high of $10.04. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.78.

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

About Global Net Lease

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.