AMT vs GNL-PB: Which Is the Better Dividend Stock?
As of Oct 1, 2026, GNL-PB (Global Net Lease, Inc.) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. GNL-PB offers the higher yield at 8.07%, GNL-PB has the higher dividend-safety score, and GNL-PB looks like the better value (its fair-value estimate is 79% above its share price).
Key facts: AMT vs GNL-PB
Data as of · Source: SmarterDividends data
- As of Oct 1, 2026, Global Net Lease, Inc. (GNL-PB) has the higher forward dividend yield at 8.07%, versus 4.28% for American Tower Corporation (AMT).
- As of Oct 1, 2026, SmarterDividends grades AMT's dividend safety B (72/100) and GNL-PB's B (76/100).
- By SmarterDividends' count as of Oct 1, 2026, AMT has raised its dividend for 13 consecutive years and GNL-PB for 0.
- As of Oct 1, 2026, AMT's fair-value estimate is 9% above its share price and GNL-PB's fair-value estimate is 79% above its share price, so GNL-PB looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "AMT vs GNL-PB: Dividend Yield, Safety & Value Compared," updated Oct 1, 2026, https://smarterdividends.com/compare/amt-vs-gnl-pb
| Metric | AMT | GNL-PB |
|---|---|---|
| Forward yield | 4.28% | 8.07% |
| Annual dividend | $7.16 | $1.72 |
| Payout ratio | 96% | — |
| Years of growth | 13 yr | 0 yr |
| 5-yr dividend growth | 8.5% | 3.4% |
| 5-yr total return | -40% | -24% |
| Dividend safety score | 72 (B) | 76 (B) |
| Fair value estimate | $178.65 | $39.09 |
| Upside to fair value | +9% | +79% |
| Frequency | quarterly | quarterly |
| Market cap | $76.3B | — |
| P/E ratio | 23.1 | — |
Higher yield
GNL-PB
8.07%
Safer dividend
GNL-PB
Grade B
Faster growth
AMT
8.5%
Better value
GNL-PB
+79% upside
AMT vs GNL-PB — FAQ
Is AMT or GNL-PB a better dividend stock?
On the data, GNL-PB wins more head-to-head categories (4 vs 3). GNL-PB offers the higher yield (8.07%), while GNL-PB 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-PB?
GNL-PB has the higher forward dividend yield at 8.07%, versus 4.28% for AMT.
Is AMT or GNL-PB safer?
GNL-PB has the higher dividend-safety score (76/100 vs 72/100), reflecting stronger payout coverage and dividend-growth history.
Is AMT or GNL-PB better value right now?
As of Oct 1, 2026, GNL-PB looks like the better value: its fair-value estimate is 79% above its share price (undervalued). For AMT, its fair-value estimate is 9% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.