Global Net Lease Announces $0.19 Quarterly Dividend
Global Net Lease (GNL) has declared a quarterly dividend of $0.19 per share, consistent with its previous payout levels. The forward yield is currently estimated at 9.2%. Shareholders will receive the payment on October 16 for those registered as of October 12; shares will trade ex-dividend starting that same date. The announcement comes amid ongoing market analysis regarding GNL's dividend sustainability, with recent reports noting a dip in its dividend coverage ratio. Despite this, the company continues to maintain stable payouts and has recently completed significant transactions such as Modiv’s acquisition by Global Net Lease.
Topics: dividend Global Net Lease (GNL) REITs