Global Net Lease, Inc. Announces Preferred Stock Dividends
21 December 2023 - 10:00PM
Global Net Lease, Inc. (“GNL” or the “Company”) (NYSE: GNL/ GNL PRA
/ GNL PRB / GNL PRD / GNL PRE) announced today that it declared
quarterly dividends on its outstanding preferred stock.
Specifically, GNL declared (i) a dividend of $0.453125 per share on
its 7.25% Series A Cumulative Redeemable Preferred Stock (“Series A
Preferred Stock”), payable on January 16, 2024, to holders of
record of shares of its Series A Preferred Stock at the close of
business on January 5, 2024, (ii) a dividend of $0.4296875 per
share on its 6.875% Series B Cumulative Redeemable Perpetual
Preferred Stock (“Series B Preferred Stock”) payable on January 16,
2024 to holders of record of shares of its Series B Preferred Stock
at the close of business on January 5, 2024, (iii) a dividend of
$0.46875 per share on its 7.50% Series D Cumulative Redeemable
Perpetual Preferred Stock (“Series D Preferred Stock”) payable on
January 16, 2024 to holders of record of shares of its Series D
Preferred Stock at the close of business on January 5, 2024, and
(iv) a dividend of $0.4609375 per share on its 7.375% Series E
Cumulative Redeemable Perpetual Preferred Stock (“Series E
Preferred Stock”) payable on January 16, 2024 to holders of record
of shares of its Series E Preferred Stock at the close of business
on January 5, 2024.
About Global Net Lease,
Inc.
Global Net Lease, Inc. is a publicly traded real
estate investment trust listed on the NYSE, which focuses on
acquiring and managing a global portfolio of income producing net
lease assets across the United States, and 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. The words such
as "may," "will," "seeks," "anticipates," "believes," "expects,"
"estimates," "projects," "potential," "predicts," "plans,"
"intends," "would," "could," "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 the risks associated with the
recently completed merger with The Necessity Retail REIT, Inc. and
the internalization of GNL's property management and advisory
functions; the geopolitical instability due to the ongoing military
conflict between Russia and Ukraine and Israel and Hamas, including
related sanctions and other penalties imposed by the U.S. and
European Union, and the related impact on GNL, GNL's tenants and
the global economy and financial markets; that any potential future
acquisition by GNL is subject to market conditions and capital
availability and may not be identified or completed on favorable
terms, or at all. Some of the risks and uncertainties, although not
all risks and uncertainties, that could cause our actual results to
differ materially from those presented in our forward-looking
statements are set forth in the Risk Factors section of GNL's most
recent Annual Report on Form 10-K for the year ended December 31,
2022, its Quarterly Reports on Form 10-Q for the fiscal quarters
ended March 31, 2023, June 30, 2023, and September 30, 2023,
respectively, and all other filings with the Securities and
Exchange Commission, 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:Investor RelationsEmail:
investorrelations@globalnetlease.comPhone: (332) 265-2020
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