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GNL PR B - Global Net Lease Inc News Story

$24.62 0.1  0.5%

Sector
Financials
Size
Mid Cap
Market Cap £1.22bn
Enterprise Value £2.53bn
Revenue £237.6m
Position in Universe th / 6376

BRIEF-Global Net Lease Reports First Quarter Adjusted FFO Per Share $0.44

Wed 6th May, 2020 11:26am
May 6 (Reuters) - Global Net Lease Inc  GNL.N :
    * GLOBAL NET LEASE REPORTS FIRST QUARTER 2020 RESULTS
    * Q1 ADJUSTED FFO PER SHARE $0.44
    * Q1 REVENUE ROSE 5 PERCENT TO $79.2 MILLION
    * AS OF MARCH 31, 2020, COMPANY HAD $343.4 MILLION OF CASH
AND
CASH EQUIVALENTS
    * Q1 FFO PER SHARE VIEW $0.44 -- REFINITIV IBES DATA
    * QTRLY CORE FUNDS FROM OPERATIONS WAS $38.9 MILLION OR
$0.43 PER
SHARE
    * ANNOUNCED A DIVIDEND CHANGE TO BE PAID BEGINNING IN Q2 TO
$0.40
PER QUARTER
    * COLLECTED 98% OF CASH RENTS THAT WERE PAYABLE IN APRIL AS
OF
APRIL 30, 2020

Source text for Eikon:  ID:nPnb8NJhHa 
Further company coverage:  GNL.N 

 ((Reuters.Briefs@thomsonreuters.com;))
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