AMT vs GNL: Which Is the Better Dividend Stock?
As of Oct 18, 2026, AMT (American Tower Corporation) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. GNL offers the higher yield at 10.23%, AMT has the higher dividend-safety score, and GNL looks like the better value (its fair-value estimate is 32% above its share price).
Key facts: AMT vs GNL
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Global Net Lease, Inc. (GNL) has the higher forward dividend yield at 10.23%, versus 3.86% for American Tower Corporation (AMT).
- As of Oct 18, 2026, SmarterDividends grades AMT's dividend safety B (73/100) and GNL's D (48/100).
- By SmarterDividends' count as of Oct 18, 2026, AMT has raised its dividend for 13 consecutive years and GNL for 0.
- As of Oct 18, 2026, AMT's fair-value estimate is 3% below its share price and GNL's fair-value estimate is 32% above its share price, so GNL looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "AMT vs GNL: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/amt-vs-gnl
| Metric | AMT | GNL |
|---|---|---|
| Forward yield | 3.86% | 10.23% |
| Annual dividend | $7.16 | $0.76 |
| Payout ratio | 96% | 1243% |
| Years of growth | 13 yr | 0 yr |
| 5-yr dividend growth | 8.5% | -13.4% |
| 5-yr total return | -29% | -48% |
| Dividend safety score | 73 (B) | 48 (D) |
| Fair value estimate | $180.18 | $9.78 |
| Upside to fair value | -3% | +32% |
| Frequency | quarterly | quarterly |
| Market cap | $86.3B | $1.7B |
| P/E ratio | 25.5 | — |
Higher yield
GNL
10.23%
Safer dividend
AMT
Grade B
Faster growth
AMT
8.5%
Better value
GNL
+32% upside
AMT vs GNL — FAQ
Is AMT or GNL a better dividend stock?
On the data, AMT wins more head-to-head categories (6 vs 2). GNL offers the higher yield (10.23%), while AMT has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, AMT or GNL?
GNL has the higher forward dividend yield at 10.23%, versus 3.86% for AMT.
Is AMT or GNL safer?
AMT has the higher dividend-safety score (73/100 vs 48/100), reflecting stronger payout coverage and dividend-growth history.
Is AMT or GNL better value right now?
As of Oct 18, 2026, GNL looks like the better value: its fair-value estimate is 32% above its share price (undervalued). For AMT, its fair-value estimate is 3% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.