GNL.PRB

Global Net Lease Series B Cumulative Redeemable Perpetual Preferred Stock Yield Pushes Past 8.5%

In trading on Wednesday, shares of Global Net Lease Inc's 6.875% Series B Cumulative Redeemable Perpetual Preferred Stock (Symbol: GNL.PRB) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $1.7188), with shares changing hands as low as $20.20 on the day. This compares to an average yield of 7.81% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, GNL.PRB was trading at a 18.64% discount to its liquidation preference amount, versus the average discount of 13.25% in the "Real Estate" category.

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

Performance Comparison Chart

Below is a dividend history chart for GNL.PRB, showing historical dividend payments on Global Net Lease Inc's 6.875% Series B Cumulative Redeemable Perpetual Preferred Stock :

GNL.PRB+Dividend+History+Chart

In Wednesday trading, Global Net Lease Inc's 6.875% Series B Cumulative Redeemable Perpetual Preferred Stock (Symbol: GNL.PRB) is currently off about 0.7% on the day, while the common shares (Symbol: GNL) are off about 0.7%.

Also see:
• Top Stocks Held By Chase Coleman
• UTL YTD Return
• Funds Holding CTU

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.

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