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Global Net Lease, Inc. (GNL) logo

Global Net Lease, Inc.

S&P 500

GNL/Real Estate · REIT - Diversified/NYSE

Dividend Yield

8.38%

$0.76 · Annual Dividend

Stock Price$9.03MCap1.9BLast update: Jun 26, 2026 at 06:56

Dividend Safety Rating

38/ 100Warning

GNL's dividend shows several warning signs. Strengths include a 2.2x current ratio & 159.3 debt-to-equity. Areas of concern: 1243.3% earnings payout ratio & 119.7% fcf payout ratio. As a REIT, higher payout ratios are normal since they are required to distribute most taxable income.

Based on 15 of 15 metrics

Strengths

  • Current Ratio: 2.2xStrong short-term liquidity to meet obligations.
  • Operating Margin: 31.3%Healthy operating margin provides a wide buffer.
  • Gross Margin: 88.2%High gross margin signals strong pricing power.

Risks

  • Earnings Payout Ratio: 1243.3%High earnings payout ratio leaves little safety margin.
  • FCF Payout Ratio: 119.7%Free cash flow is tight relative to the dividend.
  • CFO Payout Ratio: 286.5%Operating cash flow leaves little room for the payout.

Payout & Coverage

Danger
119.7%Danger
286.5%Danger

Balance Sheet

Safe
2.2xVery Safe

Profitability

Caution
-2.8%Danger
31.3%Very Safe
88.2%Very Safe

Dividend Track Record

Caution
11+ yrsVery Safe
NoneVery Safe
UnstableDanger

About Global Net Lease, Inc.

Global Net Lease, Inc. is a publicly traded real estate investment trust specializing in the acquisition and management of a global portfolio of single-tenant net lease properties. The company’s portfolio spans key markets in the United States, United Kingdom, and Europe, focusing on mission-critical assets leased to creditworthy, investment-grade tenants. With a disciplined investment approach, Global Net Lease targets long-term value creation through stable and predictable cash flows generated from high-quality commercial real estate, including industrial, office, and retail sectors. The trust leverages active management and strong tenant relationships to maintain portfolio performance and resilience across market cycles, positioning itself as a reliable platform in the net lease REIT sector.

Dividend Overview

Dividend Yield

8.38%

Annual Dividend

$0.76

Frequency

Quarterly

Payout Ratio

1243.33%

FCF Payout Ratio

119.69%

52-Week Range

$6.77 - $10.04

Dividend History (2016–2025)

GNL annual dividend per share and yield history

Earnings & Profitability

GNL earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

April 13, 2026

Last Payment Date

April 17, 2026

Dividend Growth

3-Year Dividend CAGR

-19.17%

5-Year Dividend CAGR

-13.38%

10-Year Dividend CAGR

-2.65%

3-Year Total Growth

-47.19%

5-Year Total Growth

-51.23%

10-Year Total Growth

-23.58%

Income Calculator

GNL Dividend Calculator

Total Investment

$903.00

Annual Income

$76.00

Quarterly Income

$19.00

Monthly Income

$6.33

Frequently Asked Questions

What is GNL's current dividend yield?
Global Net Lease, Inc. (GNL) currently has a dividend yield of 8.38%, based on a stock price of $9.03 and an annual dividend of $0.76.
When is GNL's next dividend payment date?
GNL's next ex-dividend date is 2026-04-13 and the next payment date is 2026-04-17. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does GNL pay in dividends per year?
Global Net Lease, Inc. paid $0.84 per share in annual dividends in 2025. The dividends are paid quarterly.
Has GNL been increasing its dividend?
Global Net Lease, Inc. has grown its dividend at a 5-year CAGR of -13.38% and a 10-year CAGR of -2.65%.
Is GNL's dividend safe?
Global Net Lease, Inc. has a payout ratio of 1243.33%. Its free cash flow payout ratio is 119.69%. The payout ratio is above 100%, which may indicate the company is paying more in dividends than it earns. This could be unsustainable long-term.
How is GNL's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Global Net Lease, Inc.'s dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for real estate companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.