Global Net Lease, Inc. Announces Common Stock Dividend for Fourth Quarter 2020
Global Net Lease, Inc. (GNL) announced it will maintain its dividend of $1.60 annually or $0.40 quarterly. The upcoming dividend of $0.40 per share is scheduled for payment on October 15, 2020, to shareholders recorded by October 12, 2020. GNL focuses on a diversified portfolio of global commercial properties, particularly through sale-leaseback transactions in the U.S. and Europe. The company emphasizes the challenges posed by the ongoing COVID-19 pandemic, which could impact future performance.
- Continued dividend payment at an annual rate of $1.60, indicating financial stability.
- Upcoming dividend payment reinforces confidence among investors.
- Ongoing risks associated with the COVID-19 pandemic may impact future operations and rent collections.
NEW YORK, Oct. 1, 2020 /PRNewswire/ -- Global Net Lease, Inc. ("GNL") (NYSE: GNL/ GNL PRA / GNL PRB) announced today that it intends to continue to pay dividends on its shares of common stock at an annualized rate of
Accordingly, GNL declared a dividend of
About Global Net Lease, Inc.
Global Net Lease, Inc. (NYSE: GNL) is a publicly traded real estate investment trust listed on the NYSE focused on acquiring a diversified global portfolio of commercial properties, with an emphasis on sale-leaseback transactions involving single tenant, mission critical income producing net-leased assets across the United States, Western and Northern Europe. Additional information about GNL can be found on its website at www.globalnetlease.com.
Important Notice
The statements in this press release that are not historical facts may be forward-looking statements. These forward-looking statements involve risks and uncertainties that could cause actual results or events to be materially different. The words "anticipates," "believes," "expects," "estimates," "projects," "plans," "intends," "may," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These forward-looking statements are subject to risks, uncertainties and other factors, many of which are outside of GNL's control, which could cause actual results to differ materially from the results contemplated by the forward-looking statements. These risks and uncertainties include the potential adverse effects of the ongoing global COVID-19 pandemic, including actions taken to contain or treat COVID-19, on GNL, GNL's tenants and the global economy and financial markets and that the information about rent collections may not be indicative of any future period, as well as those risks and uncertainties set forth in the Risk Factors section of GNL's Annual Report on Form 10-K for the year ended December 31, 2019 filed on February 28, 2020, GNL's Quarterly Report on Form 10-Q for the quarter ended March 31, 2020 filed on May 7, 2020, GNL's Quarterly Report on Form 10-Q for the quarter ended June 30, 2020 filed on August 6, 2020 and all other filings with the SEC after that date, as such risks, uncertainties and other important factors may be updated from time to time in GNL's subsequent reports. Further, forward looking statements speak only as of the date they are made, and GNL undertakes no obligation to update or revise any forward-looking statement to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results, unless required to do so by law.
Contacts:
Investors and Media:
Email: investorrelations@globalnetlease.com
Phone: (212) 415-6510
View original content to download multimedia:http://www.prnewswire.com/news-releases/global-net-lease-inc-announces-common-stock-dividend-for-fourth-quarter-2020-301142206.html
SOURCE Global Net Lease, Inc.
FAQ
What is the upcoming dividend amount for GNL?
When will GNL's dividend be paid?
What is the record date for GNL's dividend?
How frequently does GNL pay dividends?
What risks could affect GNL's performance?
