Dividend Coverage: $0.06 dividends will be a reality for Global Net Lease, Inc. (NYSE:GNL)’s shareholders on Nov 15, 2016.

Dividend Coverage: $0.06 dividends will be a reality for Global Net Lease, Inc. (NYSE:GNL)'s shareholders on Nov 15, 2016.

Global Net Lease, Inc. (NYSE:GNL) is expected to pay $0.06 on Nov 15, 2016. The indicated annual dividend is $0.71. Shareholders owning the stock before Nov 4, 2016 will be eligible to receive the payout. Based on Global Net Lease, Inc.’s current price of $7.00, the dividend is 0.84%. This dividend’s record date is Nov 8, 2016 and the announcement date is Sep 27, 2016. The stock closed at $7 during the last session. It is down 18.89% since April 1, 2016 and is downtrending. It has underperformed by 20.10% the S&P500.

Global Net Lease, Inc. is a real estate investment trust that focuses on acquiring and managing a portfolio of strategically located commercial real estate properties. The company has a market cap of $1.16 billion. The Company’s business consists of owning, managing, operating, leasing, acquiring, investing in and disposing of real estate assets. It has a 30.19 P/E ratio. The Firm focuses its investments on commercial and retail properties, including special use single tenant properties.

More notable recent Global Net Lease Inc (NYSE:GNL) news were published by: Nasdaq.com which released: “Global Net Lease Enters Oversold Territory” on November 02, 2016, also Prnewswire.com with their article: “Global Net Lease, Inc. to Acquire American Realty Capital Global Trust II, Inc …” published on August 08, 2016, Prnewswire.com published: “Global Net Lease, Inc. Announces Expiration Of “Go Shop” Period” on September 26, 2016. More interesting news about Global Net Lease Inc (NYSE:GNL) were released by: Prnewswire.com and their article: “Global Net Lease Sets Third Quarter 2016 Earnings Release Date and Webcast” published on November 02, 2016 as well as Prnewswire.com‘s news article titled: “Global Net Lease, Inc. Announces Common Stock Dividend for Fourth Quarter 2016” with publication date: September 27, 2016.

GNL Company Profile

Global Net Lease, Inc., incorporated on July 13, 2011, is a real estate investment trust that focuses on acquiring and managing a portfolio of strategically located commercial real estate properties. The Company’s business consists of owning, managing, operating, leasing, acquiring, investing in and disposing of real estate assets. The Firm focuses its investments on commercial and retail properties, including special use single tenant properties. The Firm owns approximately 330 net-leased commercial properties consisting of over 18.7 million rentable square feet. The Firm has approximately 270 properties located in the United States and Puerto Rico, over 40 properties located in the United Kingdom and approximately 20 properties located across continental Europe.

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