Global Net Lease (NYSE:GNL) has declared a dividend that will be paid to stockholders as of July 1, 2021 on July 15, 2021. The dividend is payable to owners of Global Net Lease stock as of July 12, 2021. 1 business day(s) before the record date, the stock is slated to turn ex-dividend. The ex-dividend date for Global Net Lease, which now pays a $0.4 dividend per share, is July 9, 2021. At present prices, that translates to an 8.65 percent dividend return.
Ex-dividend dates indicate when a company’s stock will no longer trade with its existing dividend payouts. Prior to the announcement of fresh dividends, there is a little pause. The ex-dividend date of a company is usually one business day before the record date. When buying stocks, investors should keep this in mind because buying them on or after ex-dividend dates does not entitle them to the announced dividend. Dividends declared after the ex-dividend date are paid to shareholders who owned the shares before the ex-dividend date. On a quarterly basis, firms usually announce and execute new dividend yields.
Global Net Lease’s dividend payouts have remained unchanged over the past year, while its yields have been declining. The company’s payout was $0.4 last year on July 10, 2020, and it has since recovered to its current value. Last year, Global Net Lease’s dividend yield was 9.56 percent, but it has subsequently dropped to 0.91 percent. Dividend yields are used in a variety of ways by businesses. Some businesses may choose to reinvest their earnings instead of paying out dividends. To manage how their shares move across the stock market, other corporations may choose to boost or decrease their yield amounts.
To learn more about Global Net Lease’s prior dividends, see here.
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Benzinga.com, 2021. Benzinga does not offer financial advice. All intellectual property rights are reserved.
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