SmarterDividends
GNL

Global Net Lease, Inc.

GNL

Real Estate · REIT - Diversified · Stock · quarterly payer

$7.43

Undervalued · +32% Add to Portfolio

Forward Yield

10.23%

Annual Dividend

$0.76

Payout Ratio

1243%

5-Yr Growth

-13.4%

Ex-Date

Oct 9, 2026

Frequency

Quarterly

Key facts about GNL's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Global Net Lease, Inc. (GNL) has a forward dividend yield of 10.23%, based on an annual dividend of $0.76 per share and a share price of $7.43.
  • As of Oct 18, 2026, GNL's dividend safety grade from SmarterDividends is D (48 out of 100), which rates the dividend as unsafe.
  • GNL last cut its regular dividend in 2025.
  • GNL's most recent ex-dividend date was Oct 9, 2026, for a dividend of $0.19 per share.
  • GNL's dividend has shrunk at an average rate of 13.4% a year over the past five years.
  • As of Oct 18, 2026, GNL's 10.23% yield is 16% below its five-year average yield of 12.22%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for GNL is $9.78 per share, 32% above the $7.43 share price, so GNL screens as undervalued.
  • Global Net Lease, Inc. (GNL) pays its dividend quarterly, 4 times a year.
  • Global Net Lease, Inc. (GNL) has raised its regular dividend 3 times and cut it 4 times across the 77 payments on record since 2015. Its most recent change was a 30.9% cut to $0.190 per share, going ex-dividend on Apr 11, 2025.
Cite this page

SmarterDividends, "GNL Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/GNL

Summary

As of Oct 18, 2026, Global Net Lease, Inc. (GNL) yields 10.23% ($0.76 a year per share) and has a dividend safety grade of D (48/100).

Is GNL a good dividend stock?

Mixed

Global Net Lease, Inc. (GNL) pays a quarterly dividend yielding 10.23% ($0.76/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

    Risks

    • Cut its dividend in 2025
    • Elevated payout ratio (1243%)
    • Dividend has been shrinking, not growing
    • Very high yield can signal elevated risk
    • Share price is down over the past 5 years
    • Below-average dividend safety score

    Key Data

    Dividend Yield
    10.23%
    Payout Ratio
    1243%
    Annual Dividend
    $0.76
    5-Yr Avg Growth
    -13.4%
    Ex-Dividend Date
    Oct 9, 2026
    Years of Growth
    0
    Frequency
    quarterly
    Beta
    1.02
    Market Cap
    $1.7B
    P/E Ratio
    —
    5-Yr Total Return
    -48%
    52-Week Range
    $7.38 – $10.04
    Dividend Safety
    D · 48/100
    Ever Cut?
    Yes (2025)

    GNL dividend raises and cuts

    Global Net Lease, Inc. (GNL) has raised its regular dividend 3 times and cut it 4 times across the 77 payments on record since 2015. Its most recent change was a 30.9% cut to $0.190 per share, going ex-dividend on Apr 11, 2025.

    Ex-dateChangeOld → newMove
    Apr 11, 2025Cut$0.275 → $0.190−30.9%
    Apr 10, 2024Cut$0.354 → $0.275−22.3%
    Oct 11, 2023Cut$0.400 → $0.354−11.5%
    Apr 9, 2020Cut$0.533 → $0.400−25.0%
    Jul 10, 2019Raise$0.178 → $0.533+199.4%
    Mar 6, 2017Raise$0.177 → $0.178+0.6%
    Jul 6, 2015Raise$0.0060 → $0.177+2850.0%
    Every GNL payment →Download every raise and cut (CSV)
    GNL ex-dividend date & scheduleNext ex-date Oct 9, 2026 · full ex-dividend historyView →GNL dividend historyEvery payment, totals by year, raises and cutsView →

    Frequently Asked Questions

    Is GNL a good dividend stock?

    Mixed. Global Net Lease, Inc. (GNL) pays a quarterly dividend yielding 10.23% ($0.76/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

    Is GNL undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, GNL's fair value is about $9.78 versus a $7.43 share price — so it looks undervalued (+32% vs. fair value).

    Is GNL's dividend safe?

    GNL has a dividend-safety grade of D (48/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.

    What is GNL's fair value?

    Our blended fair-value estimate for GNL is about $9.78 per share, roughly 32% above the current $7.43 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is GNL a buy, hold, or sell?

    We don't issue formal ratings, but on the data GNL screens as "mixed" and undervalued. Global Net Lease, Inc. (GNL) pays a quarterly dividend yielding 10.23% ($0.76/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

    Will GNL cut its dividend?

    GNL earns a dividend-safety grade of D (48/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does GNL pay a dividend?

    Yes. Global Net Lease, Inc. pays a quarterly dividend of about $0.76 per share annually, a forward yield of roughly 10.23%.

    What is GNL's dividend yield?

    As of Oct 18, 2026, GNL's forward dividend yield is 10.23%, based on a $0.76 annual dividend and a $7.43 share price.

    What is GNL's dividend per share?

    As of Oct 18, 2026, GNL pays $0.76 per share per year, distributed on a quarterly basis.

    What is GNL's dividend payout ratio?

    As of Oct 18, 2026, GNL's payout ratio is 1243% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

    How many years has GNL grown its dividend?

    GNL does not currently have a long dividend-growth streak on record.

    When is the next GNL ex-dividend date?

    As of Oct 18, 2026, GNL's next ex-dividend date hasn't been announced. The most recent was Oct 9, 2026, for $0.19 per share.

    Income Calculator

    At $0.76 / yr per share

    Per payment (quarterly)$19.00
    Annual$76.00
    Monthly avg$6.33

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