Global Net Lease Inc’s 7.50% Series A Cumulative Redeemable Perpetual Preferred Stock (GNL.PRD) yielded above 8% based on its quarterly dividend of $1.875. Shares traded as low as $23.23 on Tuesday, with a 4.52% discount to its liquidation preference amount. The average yield in the “REITs” preferred stock category is 8.47%. GNL.PRD was down 0.1% on the day, while common shares (GNL) were up 0.7%.

The dividend history chart for GNL.PRD shows historical dividend payments. Visit Preferred Stock Channel for the 50 highest yielding preferreds.

Read more at Nasdaq: Global Net Lease’s Series A Preferred Stock Crosses Above 8% Yield Territory