GLPI vs PLD: Which Is the Better Dividend Stock?
As of Nov 5, 2026, GLPI and PLD are closely matched. GLPI offers the higher yield at 8.24%, PLD has the higher dividend-safety score, and GLPI looks like the better value (its fair-value estimate is 61% above its share price).
Key facts: GLPI vs PLD
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Gaming and Leisure Properties, Inc. (GLPI) has the higher forward dividend yield at 8.24%, versus 3.26% for Prologis, Inc. (PLD).
- As of Nov 5, 2026, SmarterDividends grades GLPI's dividend safety C (54/100) and PLD's B (78/100).
- By SmarterDividends' count as of Nov 5, 2026, GLPI has raised its dividend for 1 consecutive years and PLD for 12.
- As of Nov 5, 2026, GLPI pays out 98% of its earnings as dividends and PLD pays out 93%.
- As of Nov 5, 2026, GLPI's fair-value estimate is 61% above its share price and PLD's fair-value estimate is 41% below its share price, so GLPI looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "GLPI vs PLD: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/glpi-vs-pld
| Metric | GLPI | PLD |
|---|---|---|
| Forward yield | 8.24% | 3.26% |
| Annual dividend | $3.28 | $4.28 |
| Payout ratio | 98% | 93% |
| Years of growth | 1 yr | 12 yr |
| 5-yr dividend growth | 15.0% | 11.7% |
| 5-yr total return | -14% | -15% |
| Dividend safety score | 54 (C) | 78 (B) |
| Fair value estimate | $63.06 | $76.31 |
| Upside to fair value | +61% | -41% |
| Frequency | quarterly | quarterly |
| Market cap | $11.7B | $126.2B |
| P/E ratio | 12.0 | 28.6 |
Higher yield
GLPI
8.24%
Safer dividend
PLD
Grade B
Faster growth
GLPI
15.0%
Better value
GLPI
+61% upside
GLPI vs PLD — FAQ
Is GLPI or PLD a better dividend stock?
GLPI and PLD are closely matched. GLPI has the higher yield; PLD scores better on safety.
Which has a higher dividend yield, GLPI or PLD?
GLPI has the higher forward dividend yield at 8.24%, versus 3.26% for PLD.
Is GLPI or PLD safer?
PLD has the higher dividend-safety score (78/100 vs 54/100), reflecting stronger payout coverage and dividend-growth history.
Is GLPI or PLD better value right now?
As of Nov 5, 2026, GLPI looks like the better value: its fair-value estimate is 61% above its share price (undervalued). For PLD, its fair-value estimate is 41% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.