Global Net Lease Inc Stock News

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 ...

NEWPORT, R.I.--(BUSINESS WIRE)--Bellevue Capital Partners, one of the largest shareholders of Global Net Lease, Inc. (NYSE: GNL), announces the acquisition of an additional 100,000 shares of GNL. This strategic investment reemphasizes Bellevue Capital Partners' confidence in the company's management and its execution of its previously announced strategic plan. Bellevue Capital Partners is encou...

Global Net Lease has struggled since our last article, underperforming the broader market and the Real Estate Index. Despite what appeared to be positive Q3-2024 results, core issues remain unaddressed. We go over our main takeaways and tell you how we come up with a payout ratio of over 150%.

Not everything is perfect in REIT world. On the contrary, this is a sector in which you need to be very selective. Here are 5 types of REITs to avoid at all cost:

Global Net Lease, Inc. (NYSE:GNL ) Q3 2024 Earnings Conference Call November 7, 2024 11:00 AM ET Company Participants Jordyn Schoenfeld - CPA Michael Weil - CEO Chris Masterson - CFO Conference Call Participants John Kim - BMO Capital Markets Upal Rana - KeyBanc Capital Markets Bryan Maher - B. Riley Securities Mitch Germain - Citizens JMP Michael Gorman - BTG Pactual Barry Oxford - Colliers Op...

-  Closed Plus Disposition Pipeline Totaled $950 Million at a Cash Cap Rate of 7.1% -  Achieved $85 Million in Cost Synergies, Significantly Exceeding Initial Projection of $75 Million -  Reduced Net Debt by $445 Million Year-to-Date; Net Debt to Adjusted EBITDA Improves to 8.0x -  $371 Million Disposition Pipeline Will Further Reduce Outstanding Debt -  Increased Portfolio Occupancy from 94% t...

Five US real estate investment trusts have suspended dividends so far this year, while six other REITs have lowered regular dividend payouts. The activity contrasts with the more than one-third of the US REIT industry that have raised dividends during the first three quarters of 2024. Shopping center landlord SITE Centers Corp. was the most recent addition to the list of REITs that suspended di...

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