0.85% +0.06

Global Net Lease Inc (GNL)

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Why is Global Net Lease Inc (GNL) Stock down?

We've noticed a 10.09% decline in Global Net Lease Inc (GNL) stock during the 2024-04-10 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!

02 Oct, 2023:

Shares of Global Net Lease Inc (GNL) dropped by 5.20% from $9.61 to $9.11 in the trading on Monday, October 2, 2023. The reason why GNL is down today is due to the company's announcement regarding a dividend on its outstanding common stock for the quarter ending December 31, 2023. The dividend, amounting to $0.354 per share of common stock, is set to be paid on October 16, 2023, to common stockholders of record as of October 12, 2023. This quarterly dividend corresponds to an annualized dividend rate of $1.42 per share, which aligns with the rate announced following the recent merger and internalization transaction.