BAM - Be Aware Of This Value Trap Global Net Lease Will Cut The Cheese
Global Net Lease (GNL) is one of the highest yielding REITs out there. It pays a 10.7% yield with monthly dividends and so it is no wonder that it has become very popular among income seeking investors.
A high yield does not however always equate to an attractive investment. In the case of GNL, we see elevated risk of downside and only limited upside potential. We believe that GNL is a great example of a stock that pays a nice yield to entice investors, but then disappoints when it comes to total returns