Global Net Lease's Series C Preferred Stock Yield Pushes Past 9%
July 09, 2024 at 14:53 PM EDT
In trading on Tuesday, shares of Global Net Lease Inc's 7.375% Series C Cumulative Redeemable Perpetual Preferred Stock (GNL. RE) were yielding above the 9% mark based on its quarterly dividend (annualized to $1.8438), with shares changing hands as low as $20.41 on the day.
