GNL-B Global Net Lease, Inc. 6.875% Series B Cumulative Redeemable Perpetual Preferred

Dividends on the Series B Preferred Stock will be payable quarterly in arrears on the 15th day of each of January, April, July and October of each year (or, if not a business day, the next succeeding business day) to holders of record on the applicable record date. The first quarterly dividend for the Series B Preferred Stock sold in this offering will be paid on January 15, 2020 in an amount equal to $0.1671 per share, and will represent an accrual for less than a full quarter, covering the period from November 26, 2019 to December 31, 2019. On and after November 26, 2024, at any time and from time to time, the Series B Preferred Stock will be redeemable in whole, or in part, at our option, at a cash redemption price of? $25.00 per share, plus an amount equal to all dividends accrued and unpaid (whether or not declared), if any, to, but not including, the redemption date.  This security was issued by Global Net Lease, Inc, whose common stock symbol is GNL.

$22.60  -0.15 (-0.66%)
As of 01/27/2023 15:28:48 EST     IEX book   CBOE book

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Security Information

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Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Real Estate
Industry:  REIT—Office
Index country:  USA
Country of incorporation:  USA
IPO date:  11/29/2019
Outstanding shares:  3,000,000
Average volume:  5,954
Market cap:   $70,500,000
Current dividend yield:  7.31%    calculation
Coupon rate:    6.875%
Cumulative:    Yes
Liquidation value:   $25.00
Callable after:   11/26/2024
Maturity date:    n/a - perpetual
Prospectus:    Read on SEC.gov
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K
Sedol: