Global Net Lease : Announces Common Stock Dividend for First Quarter 2022 - Form 8-K
January 03, 2022 at 06:39 am EST
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Global Net Lease, Inc.
Announces Common Stock Dividend for First Quarter 2022
NEW YORK, January 3, 2022 - Global Net Lease, Inc.("GNL") (NYSE: GNL/ GNL PRA / GNL PRB) announced today that it intends to continue to pay dividends on its shares of common stock at an annualized rate of $1.60 per share or $0.40 per share on a quarterly basis. GNL anticipates paying dividends authorized by its board of directors on its shares of common stock on a quarterly basis in arrears on the 15th day of the first month following the end of each fiscal quarter (unless otherwise specified) to common stock holders of record on the record date for such payment.
Accordingly, GNL declared a dividend of $0.40 per share of common stock payable on January 18, 2022 to common stock holders of record at the close of business on January 13, 2022.
About Global Net Lease, Inc.
Global Net Lease, Inc. (NYSE: GNL) is a publicly traded real estate investment trust listed on the NYSE focused on acquiring a diversified global portfolio of commercial properties, with an emphasis on sale-leaseback transactions involving single tenant, mission critical income producing net-leased assets across the United States, 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. In addition, words such as "anticipates," "believes," "expects," "estimates," "projects," "plans," "intends," "may," "would" 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 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 potential adverse effects of the ongoing global COVID-19 pandemic, including actions taken to contain or treat COVID-19, on GNL, GNL's tenants and the global economy and financial markets and that the information about rent collections may not be indicative of any future period, as well as those set forth in the Risk Factors section of GNL's most recent Annual Report on Form 10-K for the year ended December 31, 2020 filed on February 26, 2021, and all other filings with the SEC after that date, 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:
Investors and Media:
Email: investorrelations@globalnetlease.com
Phone: (212) 415-6510
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Global Net Lease Inc. published this content on 03 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 January 2022 11:38:06 UTC.
Global Net Lease, Inc. is a real estate investment trust that focuses on acquiring and managing a global portfolio of income producing net lease assets across the United Sates and Western and Northern Europe. Its Industrial & Distribution, Single-Tenant Retail and Office segments owns, manages, and leases single-tenant properties where in addition to base rent, its tenants are required to pay for their property operating expenses or reimburse it for property operating expenses that the Company incurs. Its Multi-Tenant Retail segment owns, manages and lease multi-tenant properties where it generally pays for the property operating expenses for those properties and most of its tenants are required to pay their pro rata share of property operating expenses. It owns approximately 1,268 properties. It focuses on various industries, including healthcare, financial services, auto manufacturing, discount retail, specialty retail, gas/convenience, consumer goods, home improvement, and other.