In trading on Tuesday, shares of Global Net Lease Inc's 7.25% Series A Cumulative Redeemable Preferred Stock (Symbol: GNL.PRA) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.8125), with shares changing hands as low as $25.89 on the day. This compares to an average yield of 6.12% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, GNL.PRA was trading at a 3.92% premium to its liquidation preference amount, versus the average premium of 4.85% in the "Real Estate" category.
Below is a dividend history chart for GNL.PRA, showing historical dividend payments on Global Net Lease Inc's 7.25% Series A Cumulative Redeemable Preferred Stock:
In Tuesday trading, Global Net Lease Inc's 7.25% Series A Cumulative Redeemable Preferred Stock (Symbol: GNL.PRA) is currently off about 0.3% on the day, while the common shares (Symbol: GNL) are off about 0.5%.
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