Global Net Lease, Inc. (GNL) To Go Ex-Dividend on October 9th

Global Net Lease, Inc. (NYSE:GNL) declared a quarterly dividend on Thursday, October 1st. Investors of record on Monday, October 12th will be paid a dividend of $0.19 per share by the financial services provider on Friday, October 16th. This represents a $0.76 annualized dividend and a yield of 9.2%. The ex-dividend date of this dividend is Friday, October 9th.

Global Net Lease has decreased its dividend by an average of 0.1%annually 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.

Global Net Lease Trading Up 0.2%

GNL opened at $8.26 on Friday. The firm has a market capitalization of $1.74 billion, a P/E ratio of -29.48 and a beta of 1.05. The firm’s 50 day moving average is $8.90 and its 200-day moving average is $9.15. The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 0.94. Global Net Lease has a 52-week low of $7.48 and a 52-week high of $10.04.

Global Net Lease (NYSE:GNL) last posted its quarterly earnings data on Wednesday, August 5th. The financial services provider reported ($0.05) earnings per share for the quarter, meeting the consensus estimate of ($0.05). Global Net Lease had a negative net margin of 2.94% and a negative return on equity of 1.00%. The company had revenue of $112.47 million during the quarter, compared to analyst estimates of $109.68 million. Global Net Lease has set its FY 2026 guidance at 0.820-0.850 EPS.

Global Net Lease Company Profile

Global Net Lease, Inc (NYSE:GNL) is a real estate investment trust that owns and manages a diversified portfolio of commercial properties. The company primarily invests in properties subject to long-term, net lease agreements, under which tenants generally are responsible for many property-level expenses such as taxes, insurance and maintenance.

Global Net Lease’s portfolio has included office, industrial and retail properties leased to businesses across the United States and Europe. The company generally seeks properties with established tenants, durable demand characteristics and long lease terms, and acquires assets through transactions that can include sale-leasebacks and other net lease arrangements.

Global Net Lease began operations in 2011 and has expanded its portfolio through acquisitions in multiple international markets.