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Market Impact: 0.15
Global Net Lease's Series C Preferred Stock Shares Cross 8.5% Yield Mark
Source: Nasdaq
Capital Returns (Dividends / Buybacks)Credit & Bond Markets
Global Net Lease's 7.375% Series C cumulative redeemable perpetual preferred shares (GNL.PRE) yielded above 8.5% on Friday, based on an annualized quarterly dividend of $1.8438. Shares traded as low as $21.40; the excerpt provides no further context or market reaction.
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