Global Net Lease, Inc. announced on April 1, 2025, that it declared a dividend of $0.190 per share of common stock for the second quarter of 2025. This dividend is payable on April 16, 2025, to common stockholders of record on April 11, 2025.
This represents a reduction from the previous quarterly dividend of $0.275 per share. The board's decision to reset the dividend is a critical component of the company's strategy to support deleveraging efforts and enhance liquidity.
The dividend reduction is expected to generate $78 million in incremental cash flow annually. This move aims to strengthen the company's financial position and provide greater flexibility for its strategic initiatives.
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