Global Net Lease, Inc. GNL
Global Net Lease, Inc. (NYSE: GNL) is a publicly traded real estate investment trust that focuses on acquiring and managing a global portfolio of income producing net lease assets across the United States, and Western and Northern Europe.
Snapshot
Reported FFO / AFFO / leverage are from the Q1 2026 earnings release (filed 2026-05-05) — 8-K, EX-99.1.
Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.
Dividends
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2026-04-13 | 2026-04-13 | 2026-04-17 | 2026-04-01 | $0.19 | Quarterly |
| 2026-01-12 | 2026-01-12 | 2026-01-16 | 2026-01-02 | $0.19 | Quarterly |
| 2025-10-10 | 2025-10-13 | 2025-10-16 | 2025-10-01 | $0.19 | Quarterly |
| 2025-07-11 | 2025-07-11 | 2025-07-16 | 2025-07-01 | $0.19 | Quarterly |
| 2025-04-11 | 2025-04-11 | 2025-04-16 | 2025-04-01 | $0.19 | Quarterly |
| 2025-01-13 | 2025-01-13 | 2025-01-16 | 2025-01-02 | $0.28 | Quarterly |
| 2024-10-11 | 2024-10-11 | 2024-10-16 | 2024-10-01 | $0.28 | Quarterly |
| 2024-07-11 | 2024-07-11 | 2024-07-16 | 2024-07-01 | $0.28 | Quarterly |
| 2024-04-10 | 2024-04-11 | 2024-04-16 | 2024-04-01 | $0.28 | Quarterly |
| 2024-01-11 | 2024-01-12 | 2024-01-16 | 2024-01-02 | $0.35 | Quarterly |
| 2023-10-11 | 2023-10-12 | 2023-10-16 | 2023-10-02 | $0.35 | Quarterly |
| 2023-07-12 | 2023-07-13 | 2023-07-17 | 2023-07-03 | $0.40 | Quarterly |
| 2023-04-12 | 2023-04-13 | 2023-04-17 | 2023-04-03 | $0.40 | Quarterly |
| 2023-01-12 | 2023-01-13 | 2023-01-17 | 2023-01-03 | $0.40 | Quarterly |
| 2022-10-12 | 2022-10-13 | 2022-10-17 | 2022-10-03 | $0.40 | Quarterly |
| 2022-07-08 | 2022-07-11 | 2022-07-15 | 2022-07-01 | $0.40 | Quarterly |
| 2022-04-08 | 2022-04-11 | 2022-04-18 | 2022-04-01 | $0.40 | Quarterly |
| 2022-01-12 | 2022-01-13 | 2022-01-18 | 2022-01-03 | $0.40 | Quarterly |
| 2021-10-08 | 2021-10-12 | 2021-10-15 | 2021-10-01 | $0.40 | Quarterly |
| 2021-07-09 | 2021-07-12 | 2021-07-15 | 2021-07-01 | $0.40 | Quarterly |
| 2021-04-09 | 2021-04-12 | 2021-04-15 | 2021-04-01 | $0.40 | Quarterly |
| 2021-01-08 | 2021-01-11 | 2021-01-15 | 2021-01-01 | $0.40 | Quarterly |
| 2020-10-08 | 2020-10-12 | 2020-10-15 | 2020-10-01 | $0.40 | Quarterly |
| 2020-07-10 | 2020-07-13 | 2020-07-15 | 2020-07-01 | $0.40 | Quarterly |
Coverage (payout of operating cash flow): 76.16%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. cash flow |
|---|---|---|---|---|---|
| 2025 | $497.89M | $-225.46M | $191.19M | $269.08M | $222.79M |
| 2024 | $805.01M | $-131.57M | $369.08M | $568.88M | $299.47M |
| 2023 | $515.07M | $-211.91M | $233.74M | $215.72M | $143.74M |
| 2022 | $378.86M | $12.02M | $158.86M | $279.43M | $181.82M |
| 2021 | $391.23M | $11.37M | $167.68M | $285.54M | $192.49M |
| 2020 | $330.10M | $10.78M | $142.78M | $230.33M | $176.85M |
Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.