Global Net Lease Inc Stock Price, News & Analysis

Global Net Lease (NYSE: GNL, GNL PRA, GNL PRB) announced a quarterly dividend of $0.40 per share, equivalent to an annualized rate of $1.60. This dividend is set to be paid on April 18, 2022 to shareholders recorded as of April 11, 2022. GNL's focus on acquiring a diversified portfolio of commercial properties, particularly through sale-leaseback transactions, underscores its commitment to generating consistent income for shareholders. The company continues to navigate potential risks, including impacts from the ongoing global COVID-19 pandemic.

Global Net Lease, Inc. (GNL) announced on March 24, 2022, the continuation of quarterly dividends for its Series A and Series B Preferred Stocks. Shareholders will receive $0.453125 per share for Series A and $0.4296875 per share for Series B, payable on April 18, 2022, to those on record by April 8, 2022. The annualized rates are 7.25% and 6.875%, respectively. This decision underscores GNL's ongoing commitment to returning value to its shareholders amid economic uncertainties.

Global Net Lease (NYSE: GNL) reported its Q4 and FY 2021 results, showing a 22.4% revenue increase to $106.5 million for Q4 and 18.5% increase to $391.2 million for the year. The net loss narrowed to $7.8 million in Q4 from $13.3 million YoY. Core Funds from Operations rose 65.9% to $43.6 million. The portfolio was 99% leased, with a weighted average lease term of 8.3 years. GNL acquired 19 properties for $170.8 million during Q4 and distributed $41.6 million in dividends.

Global Net Lease, Inc. (NYSE: GNL) will release its financial results for Q4 and the full year ended December 31, 2021, on February 24, 2022, prior to NYSE trading. A conference call hosted by management is scheduled for the same day at 1:00 p.m. ET, with a Q&A session to follow. Interested parties can access the call on the GNL website. The company specializes in acquiring diversified commercial properties, focusing on single-tenant, mission-critical net-leased assets across the U.S., Western, and Northern Europe.

Global Net Lease (NYSE: GNL) announced the acquisition of 25 properties for $497 million during 2021, primarily consisting of industrial assets. The properties are located in the US, UK, Canada, and the Netherlands, with an average cap rate of 8.9% and a weighted average remaining lease term of 17.2 years. The company also renewed or extended eleven leases, totaling over 1.5 million square feet, resulting in $96 million in net straight-line rent. CEO James Nelson expressed optimism about future growth and portfolio management.

Global Net Lease, Inc. (NYSE: GNL, GNL PRA, GNL PRB) announced its intention to maintain dividends at an annualized rate of $1.60 per share, translating to $0.40 per share quarterly. The next dividend is scheduled for payment on January 18, 2022, to shareholders of record by January 13, 2022. This dividend strategy highlights GNL's commitment to returning value to investors through consistent cash distributions.

Roman DBDR Tech Acquisition Corp. (NASDAQ:DBDR) has announced that its stockholders approved the business combination with CompoSecure Holdings, L.L.C., a leader in financial payment cards and cryptocurrency security solutions, on December 23, 2021. The merger is set to close on December 27, 2021, and the combined entity will operate as CompoSecure, Inc. Shares are expected to trade on Nasdaq under the symbols 'CMPO' and 'CMPOW' starting December 28, 2021. The merger aims to enhance market presence and innovation in financial services.

Global Net Lease, Inc. (GNL) announced the continuation of quarterly dividends for its Series A and Series B Preferred Stocks. The Series A Preferred Stock dividend is set at $1.8125 annually, with a quarterly payout of $0.453125, payable on January 18, 2022. The Series B Preferred Stock dividend is set at $1.71875 annually, with a quarterly payout of $0.4296875, also payable on January 18, 2022. Record dates for both dividends are January 7, 2022.

CompoSecure has partnered with Bitcoin 2022 to distribute 25,000 Arculus Key Card crypto security solutions during the conference in Miami Beach, Florida, in April 2022. This innovative cold storage product enhances security for cryptocurrency holders through 3-factor authentication, addressing rising concerns of digital asset hacks. CompoSecure is in the process of merging with Roman DBDR Tech Acquisition Corp., listed on NASDAQ as DBDR, with a special meeting scheduled for December 23, 2021, to discuss the merger. The initiative aims to boost cryptocurrency adoption through secure storage solutions.