NYSE:GNLREITs
Should Reclassifying 2025 Payouts as Return of Capital Require Action From Global Net Lease (GNL) Investors?
On February 2, 2026, Global Net Lease, Inc. announced that all dividends paid in 2025 on its common and preferred stock will be treated for tax purposes as nondividend distributions, or return of capital.
This shift means that payments investors might normally view as recurring income instead reduce their cost basis, altering both tax timing and the character of Global Net Lease’s cash distributions.
We’ll now examine how this reclassification of 2025 dividends as return of capital may...