Global Net Lease Inc Stock Price, News & Analysis

Global Net Lease, Inc. (GNL) announced a quarterly dividend of $0.40 per share, payable on October 15, 2021, to shareholders of record as of October 12, 2021. This maintains the annualized dividend rate at $1.60 per share, reflecting the company's commitment to returning value to shareholders. GNL is a publicly traded real estate investment trust that focuses on acquiring a diversified portfolio of commercial properties through sale-leaseback transactions, primarily in the US and Europe.

CompoSecure announces Chief Innovation Officer Adam Lowe will speak at the Blockchain Expo North America on September 30 at 3:20 PM EDT. He will highlight the impact of their new crypto cold storage solution, Arculus, on the cryptocurrency market. As blockchain adoption grows, it is anticipated that spending on blockchain solutions will reach $19 billion by 2024, up from $6.6 billion in 2021. The panel aims to explore how blockchain technology is revolutionizing payments and enhancing digital security.

Global Net Lease, Inc. (GNL) announced dividends for its Series A and Series B Cumulative Redeemable Preferred Stocks. The Series A stock will yield a dividend of $0.453125 per share, payable on October 15, 2021, to holders recorded by October 5, 2021. Similarly, the Series B stock will offer a dividend of $0.4296875 per share, also payable on October 15, 2021. Both dividends reflect the company's ongoing commitment to return value to shareholders and underscore its financial stability amidst market uncertainties.

Global Net Lease (NYSE: GNL) announced the acquisition of Trafalgar Court in Guernsey for $76.5 million, further solidifying its investment strategy. Year-to-date, GNL has completed six acquisitions totaling $326.3 million, achieving a weighted-average capitalization rate of 10.23%. The company reported a forward acquisitions pipeline of seven properties valued at $130.1 million, with a lower going-in cap rate of 6.73%. This strategic expansion aims to enhance GNL's portfolio, offering a weighted-average remaining lease term of 9.3 years post-acquisition. CEO James Nelson emphasized GNL's robust market reputation and future growth potential.

CompoSecure Holdings, a leader in premium financial payment card solutions, will present at the 1st Annual Needham Virtual Crypto Conference on September 9, 2021, at 3:45 p.m. ET. The presentation will be webcast live and available for later viewing. On April 19, 2021, CompoSecure announced a merger with Roman DBDR Tech Acquisition Corp. (NASDAQ: DBDR), expected to finalize in H2 2021. The combined company will trade on Nasdaq under the symbol 'CMPO' with an estimated enterprise value of $1.2 billion.

CompoSecure announced the launch of its e-commerce site www.GetArculus.com, going live on September 9. The site will enable consumers to purchase the Arculus Key™ card, a next-generation cryptocurrency cold storage solution, providing air-gapped protection. This initiative comes amid rising concerns over cryptocurrency security, heightened by a recent hack that stole approximately $600 million. The Arculus Key card features robust 3-factor authentication, ensuring secure cryptocurrency management. The company is merging with Roman DBDR Tech Acquisition Corp (NASDAQ: DBDR) with a pro forma enterprise value of $1.2 billion.

Global Net Lease (GNL) announced its Q2 2021 results, reporting a revenue increase of 22.8% to $99.6 million from $81.1 million in Q2 2020. Despite this, GNL faced a net loss of $2.4 million, a decline from the $1.0 million net income of the previous year. Notably, Net Operating Income (NOI) rose 18.5% to $86.9 million, while Core Funds from Operations (Core FFO) grew to $44.0 million. The company maintains 99.7% lease occupancy and completed a significant acquisition of the McLaren Group headquarters for $236 million.

Global Net Lease (NYSE: GNL) announced it will release its second-quarter financial results for the period ending June 30, 2021, on August 5, 2021, before market opening. An audio webcast and conference call will follow at 1:00 p.m. ET, where management will discuss the results and other business performances. The call will be accessible via the company's website. Forward-looking statements in the release include risks related to the ongoing pandemic. Investors can find more details and conference call access on the GNL website.

Global Net Lease announced a quarterly dividend of $0.40 per share, maintaining an annualized rate of $1.60. This dividend will be payable on July 15, 2021, to shareholders of record as of July 12, 2021. GNL emphasizes its commitment to continuing dividend payments, reflecting confidence in its operations. The company focuses on acquiring net-leased assets across the U.S. and Europe, primarily through sale-leaseback transactions.