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Global Net Lease, Inc. Announces Common Stock Dividend for Third Quarter 2022

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Global Net Lease, Inc. (GNL) announced a quarterly dividend of $0.40 per share, totaling $1.60 annually, payable on July 15, 2022. Shareholders on record by July 11, 2022 will be eligible. This decision reflects GNL's ongoing commitment to provide returns to investors through consistent dividend payments. GNL primarily focuses on acquiring a diversified portfolio of income-producing, net-leased properties across the U.S. and Europe, emphasizing mission-critical assets.

Positive
  • Quarterly dividend increased to $0.40 per share, demonstrating financial health.
  • Annualized dividend rate set at $1.60 per share, appealing for income-focused investors.
Negative
  • None.

NEW YORK, July 1, 2022 /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 $1.60 per share or $0.40 per share on a quarterly basis. GNL anticipates paying dividends authorized by its board of directors on its shares of common stock on a quarterly basis in arrears on the 15th day of the first month following the end of each fiscal quarter (unless otherwise specified) to common stock holders of record on the record date for such payment.

Accordingly, GNL declared a dividend of $0.40 per share of common stock payable on July 15, 2022 to common stock holders of record at the close of business on July 11, 2022.

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 the outcome to be materially different. In addition, words such as "may," "will," "seeks," "anticipates," "believes," "expects," "estimates," "projects," "plans," "intends," "should" 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 a number of 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 (a) the potential adverse effects of (i) the ongoing global COVID-19 pandemic, including actions taken to contain or treat COVID-19, and (ii) the geopolitical instability due to the ongoing military conflict between Russia and Ukraine, including related sanctions and other penalties imposed by the U.S. and European Union, and other countries, as well as other public and private actors and companies, on GNL, GNL's tenants and the global economy and financial markets, and (b) that any potential future acquisition is subject to market conditions and capital availability and may not be identified or completed on favorable terms, or at all, as well as those set forth in the Risk Factors section of GNL's most recent Annual Report on Form 10-K for the year ended December 31, 2021 filed on February 24, 2022, 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 over time, unless required by law.

Contacts:
Investors and Media:
Email: investorrelations@globalnetlease.com
Phone: (212) 415-6510

 

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SOURCE Global Net Lease, Inc.

FAQ

What is the dividend amount for GNL in July 2022?

Global Net Lease declared a dividend of $0.40 per share for July 2022.

When will GNL pay its dividend?

The dividend will be paid on July 15, 2022.

What is the annual dividend rate for GNL?

The annualized dividend rate for GNL is $1.60 per share.

Who qualifies for the GNL dividend payment?

Shareholders on record as of July 11, 2022, will qualify for the dividend payment.

Global Net Lease, Inc.

NYSE:GNL

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