Global Net Lease's Series C Preferred Stock Yield Pushes Past 8%

nasdaq
2026.03.18 19:35
portai
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Global Net Lease Inc's 7.375% Series C Cumulative Redeemable Perpetual Preferred Stock (GNL.PRE) yielded over 8% on Wednesday, with shares trading as low as $22.96. This yield is slightly below the average of 8.09% in the Real Estate preferred stock category. GNL.PRE is currently at a 7.32% discount to its liquidation preference, compared to the average 14.85% discount in the sector. On the day, GNL.PRE shares fell about 0.9%, while common shares (GNL) dropped 1.3%.