Gaming and Leisure Properties, Inc.
GLPIReal Estate · Stock · quarterly payer
Forward Yield
7.28%
Annual Dividend
$3.28
Payout Ratio
98%
5-Yr Growth
15.0%
Ex-Date
Jun 12, 2026
Frequency
Quarterly
Summary
As of July 2026, Gaming and Leisure Properties, Inc. (GLPI) yields 7.28% ($3.28 per share annually), with a blended fair-value estimate of $65.66 — +46% upside, so it screens as undervalued. Dividend safety grade: C (53/100). 1 years of dividend growth.
Is GLPI a good dividend stock?
MixedGaming and Leisure Properties, Inc. (GLPI) pays a quarterly dividend yielding 7.28% ($3.28/yr), with 1 year of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Strong 15.0% 5-yr dividend growth
Risks
- Cut its dividend in 2020
- Elevated payout ratio (98%)
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 7.28%
- Payout Ratio
- 98%
- Annual Dividend
- $3.28
- 5-Yr Avg Growth
- 15.0%
- Ex-Dividend Date
- Jun 12, 2026
- Years of Growth
- 1
- Frequency
- quarterly
- Beta
- 0.69
- Market Cap
- $13.0B
- P/E Ratio
- 14.2
- 5-Yr Total Return
- -9%
- 52-Week Range
- $41.17 – $49.95
- Dividend Safety
- C · 53/100
- Ever Cut?
- Yes (2020)
Frequently Asked Questions
GLPI Price — Last 12 Months
Daily close
Price Return
1 Year
-6%
3 Years
-5%
5 Years
-9%
52-Week Range
$41.17 – $49.95
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is GLPI worth?
Undervaluedlow confidenceOur blended fair-value estimate for Gaming and Leisure Properties, Inc. is $65.66 per share, versus a market price of $45.08. That implies 46% of upside — a margin of safety of about 31%.
Fair Value
$65.66
Current Price
$45.08
Upside
+46%
Margin of Safety
31%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 7.8% discount rate (CAPM), 3.1% stage-1 growth, 2.5% terminal growth, $3.17 EPS, $3.28 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
GLPI Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 12, 2026 | — | $0.8200 | regular |
| Mar 13, 2026 | — | $0.7800 | regular |
| Dec 5, 2025 | — | $0.7800 | regular |
| Sep 12, 2025 | — | $0.7800 | regular |
| Jun 13, 2025 | — | $0.7800 | regular |
| Mar 14, 2025 | — | $0.7600 | regular |
| Dec 6, 2024 | — | $0.7600 | regular |
| Sep 13, 2024 | — | $0.7600 | regular |
| Jun 7, 2024 | — | $0.7600 | regular |
| Mar 14, 2024 | — | $0.7600 | regular |
| Dec 7, 2023 | — | $0.7300 | regular |
| Sep 14, 2023 | — | $0.7300 | regular |
| Jun 15, 2023 | — | $0.7200 | regular |
| Mar 9, 2023 | — | $0.9700 | regular |
Income Calculator
At $3.28 / yr per share
