Global Net Lease's Series A Preferred Stock Shares Cross 9% Yield Mark
May 08, 2024 at 15:22 PM EDT
In trading on Wednesday, shares of Global Net Lease Inc's 7.50% Series A Cumulative Redeemable Perpetual Preferred Stock (GNL. RD) were yielding above the 9% mark based on its quarterly dividend (annualized to $1.875), with shares changing hands as low as $20.67 on the day.