GNL-P-B: Global Net Lease, Inc. 6.875% Series B Preferred Stock
Global Net Lease, Inc.'s GNL-P-B is an exchange-traded preferred stock in the REIT - Diversified sector.
At a recent price of $21.82, GNL-P-B yields 7.88% on its $25 liquidation preference and 6.875% coupon.
It trades at a discount of 12.7% to par.
The issue is cumulative, perpetual (no stated maturity), callable on or after 2024-11-26.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.