Seeking Alpha·Sep 18, 2026
The Dividend Trap: 3 High-Yield REITs That Look Cheap (But Aren't)High dividend yields can still be value traps. GOOD and GNL face leverage and office exposure risks. BDN's 10% yield may not be sustainable.
Global Net Lease is undergoing aggressive deleveraging, with total assets down from $8.0B in 2024Q1 to $4.1B in 2026Q2, yet leverage remains elevated at a 1.63 D/E ratio. Revenue has contracted 38.2% year-over-year on a TTM basis, but NOI margins have recovere...
Price trend, volume and key moving averages
Trailing total returns as of 10/3/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Aug 5, 2026 | -$0.05+6.2% vs -$0.05 | $112M+2.5% vs $110M |
Q2 2026 May 5, 2026 | -$0.08-180.0% vs $0.10 | $109M-2.7% vs $112M |
Q1 2026 Feb 25, 2026 | $0.17+440.0% vs -$0.05 | $117M-2.6% vs $120M |
Q4 2025 Nov 5, 2025 | -$0.32-357.1% vs -$0.07 | $121M+0.7% vs $120M |
High dividend yields can still be value traps. GOOD and GNL face leverage and office exposure risks. BDN's 10% yield may not be sustainable.
NEW YORK, Sept. 17, 2026 (GLOBE NEWSWIRE) -- Global Net Lease, Inc. ("GNL" or the "Company") (NYSE: GNL/ GNL PRA / GNL PRB / GNL PRD / GNL PRE) announced today that it declared quarterly dividends on its outstanding preferred stock. Specifically, GNL declared (i) a dividend of $0.453125 per share on its 7.25% Series A Cumulative Redeemable Preferred Stock ("Series A Preferred Stock"), payable on October 15, 2026, to holders of record of shares of its Series A Preferred Stock at the close of business on October 2, 2026, (ii) a dividend of $0.4296875 per share on its 6.875% Series B Cumulative Redeemable Perpetual Preferred Stock ("Series B Preferred Stock") payable on October 15, 2026 to holders of record of shares of its Series B Preferred Stock at the close of business on October 2, 2026, (iii) a dividend of $0.46875 per share on its 7.50% Series D Cumulative Redeemable Perpetual Preferred Stock ("Series D Preferred Stock") payable on October 15, 2026 to holders of record of shares of its Series D Preferred Stock at the close of business on October 2, 2026, and (iv) a dividend of $0.4609375 per share on its 7.375% Series E Cumulative Redeemable Perpetual Preferred Stock ("Series E Preferred Stock") payable on October 15, 2026 to holders of record of shares of its Series E Preferred Stock at the close of business on October 2, 2026.
Essential Properties Realty Trust offers a compelling blend of diversification, income, safety, and growth, with its largest tenant at just 3.1% of base rent. Diversification reduces tenant-specific risk, but quality of tenants, lease coverage, and disciplined capital allocation are critical for durable, repeatable AFFO-per-share growth. Concentrated REITs like PSTL or GLPI may deliver higher yields and faster growth but carry materially higher risk premiums due to tenant or sector concentration.
Ameritas Advisory Services LLC lifted its position in Global Net Lease, Inc. (NYSE: GNL) by 387.9% during the undefined quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 84,174 shares of the financial services provider's stock after buying an additional 66,921 shares during the quarter. Ameritas
Benchmark GNL against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Global Net Lease, Inc. (GNL)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $8.24 | $1.75B | -8.41 | -38.15% | -45.28% | -11.71% | 10.44% | |
| $63.83 | $14.54B | 30.25 | 8.89% | 34.33% | 7.81% | — | |
| $40.20 | $7.65B | 19.42 | 6.55% | 40.35% | 8.7% | — | |
| $25.60 | $5.54B | 20.00 | 24.97% | 40.35% | 6.34% | — | |
| $65.03 | $7.81B | 36.74 | 16.42% | 28.87% | 3.61% | — | |
| $53.53 | $49.92B | 45.75 | 9.07% | 21.81% | 3.25% | — |
Global Net Lease, Inc. (GNL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Global Net Lease, Inc. (GNL) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 13, 2026·SEC
Aug 6, 2026·SEC
Aug 5, 2026·SEC
Feb 25, 2026·SEC
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Global Net Lease, Inc. (GNL) stock FAQ — growth, dividends, profitability & financials explained
Global Net Lease, Inc. (GNL) reported $459.7M in revenue for fiscal year 2025. This represents a 1532323% increase from $0.0M in 2012.
Global Net Lease, Inc. (GNL) saw revenue decline by 38.2% over the past year.
Global Net Lease, Inc. (GNL) reported a net loss of $13.5M for fiscal year 2025.
Yes, Global Net Lease, Inc. (GNL) pays a dividend with a yield of 10.44%. This makes it attractive for income-focused investors.
Global Net Lease, Inc. (GNL) has a return on equity (ROE) of -11.7%. Negative ROE indicates the company is unprofitable.
Global Net Lease, Inc. (GNL) generated Funds From Operations (FFO) of $160.7M in the trailing twelve months. FFO is the primary profitability metric for REITs.
Global Net Lease, Inc. (GNL) offers a 10.44% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.
