Global Net Lease Inc Stock News

Real estate sector faces challenges with high interest rates; Global Net Lease struggles despite turnaround efforts. GNL's rapid expansion and high leverage have resulted in underperformance and a significant drop in share value. The company's aggressive disposition strategy aims to reduce debt, but may hurt cash flow and per share metrics.

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...

Ahead of the Federal Reserve's critical interest rate decision next week, U.S. equity markets snapped a three-week winning streak as benchmark interest rates jumped to the cusp of five-month highs. Lukewarm CPI and PPI inflation reports were "good enough" to solidify another Fed rate cut next week, but "sticky" trends called into question the outlook for continued easing in 2025. After setting ...

I have done well over time, but I could have done even better. I have made many mistakes over the years. I discuss 3 of my biggest regrets as a REIT investor.

-  Including Pipeline, Dispositions Total $1.1 Billion at a 7.1% Cash Cap Rate  on 5.4 Years of Weighted Average Lease Term NEW YORK, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Global Net Lease, Inc. (NYSE: GNL) (“GNL” or the “Company”) today announced continued progress on its strategic disposition plan. Through December 9, 2024, GNL has closed $620 million of dispositions, and, together with its pipel...

Most REITs are well-positioned to grow dividends. But there are exceptions. I highlight three REITs that are at high risk of cutting their dividend.

I have outperformed REIT sector averages over the long run. But I could have done even better. I discuss my #1 biggest mistake I have made as a REIT investor.

Global Net Lease's dividend cuts have been significant, dropping from $0.5325 per share in 2020 to $0.275 per share recently. The latest dividend cut followed the internalization of its management, raising concerns about the REIT's stability. The REIT's current annualized cash dividend stands at $1.10 per share annualized, yielding a high of 15.1%. This was covered by fiscal 2024 third quarter ...