Breaking News: Global Net Lease Inc. Declares Dividends for Preferred Stock Holders!
Description:
NEW YORK, Dec. 19, 2024 (GLOBE NEWSWIRE) — Global Net Lease, Inc. (“GNL” or the “Company”) (NYSE: GNL/ GNL PRA / GNL PRB / GNL PRD / GNL PRE) announced today that it declared quarterly dividends on its outstanding preferred stock. Specifically, GNL declared (i) a dividend of $0.453125 per share on its 7.25% Series A Cumulative Redeemable Preferred Stock (“Series A Preferred Stock”), payable on January 15, 2025, to holders of record of shares of its Series A Preferred Stock at the close of business on January 3, 2025, (ii) a dividend of $0.4296875 per share on its 6.875% Series B Cumulative Redeemable Perpetual Preferred Stock (“Series B Preferred Stock”) payable on January 15, 2025 to holders of record of shares of its Series B Preferred Stock at the close of business on January 3, 2025, (iii) a dividend of $0.46875 per share on its 7.50% Series D Cumulative Redeemable Perpetual Preferred Stock (“Series D Preferred Stock”) payable on January 15, 2025 to holders of record of shares of its Series D Preferred Stock at the close of business on January 3, 2025, and (iv) a dividend of $0.4609375 per share on its 7.375% Series E Cumulative Redeemable Perpetual Preferred Stock (“Series E Preferred Stock”) payable on January 15, 2025 to holders of record of shares of its Series E Preferred Stock at the close of business on January 3, 2025.
Blog Post:
Global Net Lease Inc. has just made an exciting announcement for preferred stockholders. The declaration of quarterly dividends on its various series of preferred stock is sure to please investors looking for reliable income streams. For those who hold shares of the 7.25% Series A Cumulative Redeemable Preferred Stock, you can expect a dividend of $0.453125 per share, payable on January 15, 2025. Similarly, holders of the 6.875% Series B Cumulative Redeemable Perpetual Preferred Stock will receive $0.4296875 per share, also on January 15, 2025.
Additionally, the 7.50% Series D Cumulative Redeemable Perpetual Preferred Stock holders will receive a dividend of $0.46875 per share, while the 7.375% Series E Cumulative Redeemable Perpetual Preferred Stock holders will receive $0.4609375 per share, both payable on January 15, 2025. These dividends are a great way for investors to gain passive income while holding preferred stock in Global Net Lease Inc.
How will this affect me?
As a holder of Global Net Lease Inc.’s preferred stock, the declaration of dividends means you will receive a payout according to the number of shares you own. This can provide a steady income stream for investors looking for reliable returns on their investment in preferred stock.
How will this affect the world?
The declaration of dividends by Global Net Lease Inc. reflects positively on the company’s financial health and stability. This can have a ripple effect on the broader market, boosting investor confidence in the real estate sector and potentially leading to increased investment in similar real estate investment trusts.
Conclusion:
In conclusion, the announcement of dividends for preferred stockholders by Global Net Lease Inc. is a positive development for both investors and the broader market. It provides a reliable income stream for shareholders while signaling the company’s financial strength and stability, which can have a positive impact on investor sentiment in the real estate sector as a whole. Investors can look forward to receiving their dividend payouts in January 2025, making this a welcome piece of news in the investing world.
