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Stock News in Focus: Global Net Lease (NYSE:GNL)

Global Net Lease (NYSE:GNL) stock identified change of 13.92% away from 52-week low price and recently located move of -11.95% off 52-week high price. It has market worth of $1644.83M and dividend yield of 11.03%. GNL stock has been recorded -0.91% away from 50 day moving average and 0.85% away from 200 day moving average. Moving closer, we can see that shares have been trading -1.23% off 20-day moving average.

 On Oct. 1, 2019, Global Net Lease (NYSE:GNL/ GNL PRA) notified that it intends to continue to pay dividends on its shares of common stock at an annualized rate of $2.13 per share or $0.5325 per share on a quarterly basis. GNL anticipates paying dividends authorized by its board of directors on its shares of common stock on a quarterly basis in arrears on the 15th day of the first month following the end of each fiscal quarter (unless otherwise specified) to common stock holders of record on the record date for such payment.

Accordingly, GNL declared a dividend of $0.5325 per share of common stock payable on October 15, 2019 to common stock holders of record at the close of business on October 11, 2019.

 The Financial sector company, Global Net Lease noticed change of -0.97% to $19.31 along volume of 410518 shares in recent session compared to an average volume of 600.05K. The stock observed return of -0.21% in 5 days trading activity. The stock was at 0.68% over one month performance. GNL’s shares are at -3.45% for the quarter and driving a -7.39% return over the course of the past year and is now at 9.59% since this point in 2018.   The average volatility for the week at 1.42% and for month was at 1.48%. There are 85.18M shares outstanding and 84.37M shares are floated in market. Right now the stock beta is 0.7. 

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