In trading on Thursday, shares of Global Net Lease Inc's 6.875% Series B Cumulative Redeemable Perpetual Preferred Stock (Symbol: GNL.PRB) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.7188), with shares changing hands as low as $25.95 on the day. This compares to an average yield of 6.26% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, GNL.PRB was trading at a 5.88% premium to its liquidation preference amount, versus the average premium of 2.26% in the "Real Estate" category.
The chart below shows the one year performance of GNL.PRB shares, versus GNL:
Below is a dividend history chart for GNL.PRB, showing historical dividend payments on Global Net Lease Inc's 6.875% Series B Cumulative Redeemable Perpetual Preferred Stock :
Free Report: Top 7%+ Dividends (paid monthly)
In Thursday trading, Global Net Lease Inc's 6.875% Series B Cumulative Redeemable Perpetual Preferred Stock (Symbol: GNL.PRB) is currently off about 1.2% on the day, while the common shares (Symbol: GNL) are down about 0.9%.
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