Global Net Lease Inc. (NYSE:gnl) declared a monthly dividend on Tuesday, September 27th. Stockholders of record on Friday, October 7th will be given a dividend of 0.059 per share on Friday, October 14th. This represents a $0.71 dividend on an annualized basis and a dividend yield of 8.66%. The ex-dividend date is Wednesday, October 5th.
Global Net Lease (NYSE:GNL) opened at 8.18 on Friday. The company has a market cap of $1.38 billion, a PE ratio of 35.26 and a beta of 0.52. Global Net Lease has a 12-month low of $5.77 and a 12-month high of $9.29. The stock has a 50 day moving average of $8.29 and a 200-day moving average of $8.38.
Global Net Lease (NYSE:GNL) last announced its quarterly earnings data on Monday, August 8th. The company reported $0.09 earnings per share for the quarter. Global Net Lease had a return on equity of 3.36% and a net margin of 18.87%. The company earned $53.20 million during the quarter, compared to analyst estimates of $49.10 million.
About Global Net Lease
Global Net Lease, Inc is a real estate investment trust that focuses on acquiring and managing a portfolio of strategically located commercial real estate properties. The Company’s business consists of owning, managing, operating, leasing, acquiring, investing in and disposing of real estate assets. The Company focuses its investments on commercial and retail properties, including special use single tenant properties.
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