GNL.PRA

Global Net Lease Series A Cumulative Redeemable Preferred Stock Crosses Above 7.5% Yield Territory

In trading on Monday, shares of Global Net Lease Inc's 7.25% Series A Cumulative Redeemable Preferred Stock (Symbol: GNL.PRA) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.8125), with shares changing hands as low as $24.06 on the day. As of last close, GNL.PRA was trading at a 0.88% premium to its liquidation preference amount, versus the average discount of 6.13% in the "Real Estate" category.

The chart below shows the one year performance of GNL.PRA shares, versus GNL:

Performance Comparison Chart

Below is a dividend history chart for GNL.PRA, showing historical dividend payments on Global Net Lease Inc's 7.25% Series A Cumulative Redeemable Preferred Stock:

GNL.PRA+Dividend+History+Chart

In Monday trading, Global Net Lease Inc's 7.25% Series A Cumulative Redeemable Preferred Stock (Symbol: GNL.PRA) is currently down about 1.9% on the day, while the common shares (Symbol: GNL) are down about 2.5%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.