Global Net Lease, Inc. Declares Monthly Common Stock Dividend, Payable on Each of January 16, 2019, February 15, 2019 and March 15, 2019
January 02, 2019 at 06:00 am
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Global Net Lease, Inc. (GNL) announced that it intends to continue paying monthly dividends on its shares of common stock at an annualized rate of $2.13 per share or $0.5325 per share on a quarterly basis. Dividends on the common stock will be paid on a monthly basis on the 15th day of each month (unless otherwise specified) to common stock holders of record on the applicable record date of such month. Accordingly, GNL declared a dividend of $0.1775 per share payable on each of January 16, 2019, February 15, 2019 and March 15, 2019 to common stock holders of record at the close of business on January 14, 2019, February 8, 2019 and March 8, 2019, respectively.
Global Net Lease, Inc. is a real estate investment trust that focuses on acquiring and managing a global portfolio of income producing net lease assets across the United Sates and Western and Northern Europe. Its Industrial & Distribution, Single-Tenant Retail and Office segments owns, manages, and leases single-tenant properties where in addition to base rent, its tenants are required to pay for their property operating expenses or reimburse it for property operating expenses that the Company incurs. Its Multi-Tenant Retail segment owns, manages and lease multi-tenant properties where it generally pays for the property operating expenses for those properties and most of its tenants are required to pay their pro rata share of property operating expenses. It owns approximately 1,268 properties. It focuses on various industries, including healthcare, financial services, auto manufacturing, discount retail, specialty retail, gas/convenience, consumer goods, home improvement, and other.