AMT vs GNL-PD: Which Is the Better Dividend Stock?
As of Oct 1, 2026, AMT (American Tower Corporation) screens as the stronger dividend stock, winning 3 of 5 head-to-head metrics. GNL-PD offers the higher yield at 8.36%, AMT has the higher dividend-safety score, and GNL-PD looks like the better value (its fair-value estimate is 36% above its share price).
Key facts: AMT vs GNL-PD
Data as of · Source: SmarterDividends data
- As of Oct 1, 2026, Global Net Lease, Inc. (GNL-PD) has the higher forward dividend yield at 8.36%, versus 4.28% for American Tower Corporation (AMT).
- As of Oct 1, 2026, SmarterDividends grades AMT's dividend safety B (72/100) and GNL-PD's C (62/100).
- By SmarterDividends' count as of Oct 1, 2026, AMT has raised its dividend for 13 consecutive years and GNL-PD for 0.
- As of Oct 1, 2026, AMT's fair-value estimate is 9% above its share price and GNL-PD's fair-value estimate is 36% above its share price, so GNL-PD looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "AMT vs GNL-PD: Dividend Yield, Safety & Value Compared," updated Oct 1, 2026, https://smarterdividends.com/compare/amt-vs-gnl-pd
| Metric | AMT | GNL-PD |
|---|---|---|
| Forward yield | 4.28% | 8.36% |
| Annual dividend | $7.16 | $1.88 |
| Payout ratio | 96% | — |
| Years of growth | 13 yr | 0 yr |
| 5-yr dividend growth | 8.5% | — |
| 5-yr total return | -40% | — |
| Dividend safety score | 72 (B) | 62 (C) |
| Fair value estimate | $178.65 | $30.75 |
| Upside to fair value | +9% | +36% |
| Frequency | quarterly | quarterly |
| Market cap | $76.3B | — |
| P/E ratio | 23.1 | — |
Higher yield
GNL-PD
8.36%
Safer dividend
AMT
Grade B
Faster growth
AMT
8.5%
Better value
GNL-PD
+36% upside
AMT vs GNL-PD — FAQ
Is AMT or GNL-PD a better dividend stock?
On the data, AMT wins more head-to-head categories (3 vs 2). GNL-PD offers the higher yield (8.36%), 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-PD?
GNL-PD has the higher forward dividend yield at 8.36%, versus 4.28% for AMT.
Is AMT or GNL-PD safer?
AMT has the higher dividend-safety score (72/100 vs 62/100), reflecting stronger payout coverage and dividend-growth history.
Is AMT or GNL-PD better value right now?
As of Oct 1, 2026, GNL-PD looks like the better value: its fair-value estimate is 36% 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.