SmarterDividends

GNL-PB vs PLD: Which Is the Better Dividend Stock?

As of Oct 1, 2026, PLD (Prologis, Inc.) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. GNL-PB offers the higher yield at 8.07%, PLD 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: GNL-PB vs PLD

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 3.23% for Prologis, Inc. (PLD).
  • As of Oct 1, 2026, SmarterDividends grades GNL-PB's dividend safety B (76/100) and PLD's B (78/100).
  • By SmarterDividends' count as of Oct 1, 2026, GNL-PB has raised its dividend for 0 consecutive years and PLD for 12.
  • As of Oct 1, 2026, GNL-PB's fair-value estimate is 79% above its share price and PLD's fair-value estimate is 40% below its share price, so GNL-PB looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "GNL-PB vs PLD: Dividend Yield, Safety & Value Compared," updated Oct 1, 2026, https://smarterdividends.com/compare/gnl-pb-vs-pld

MetricGNL-PBPLD
Forward yield8.07%3.23%
Annual dividend$1.72$4.28
Payout ratio—93%
Years of growth0 yr12 yr
5-yr dividend growth3.4%11.7%
5-yr total return-24%-8%
Dividend safety score76 (B)78 (B)
Fair value estimate$39.09$78.36
Upside to fair value+79%-40%
Frequencyquarterlyquarterly
Market cap—$126.2B
P/E ratio—29.5

Higher yield

GNL-PB

8.07%

Safer dividend

PLD

Grade B

Faster growth

PLD

11.7%

Better value

GNL-PB

+79% upside

GNL-PB vs PLD — FAQ

Is GNL-PB or PLD a better dividend stock?

On the data, PLD wins more head-to-head categories (5 vs 2). GNL-PB offers the higher yield (8.07%), while PLD has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, GNL-PB or PLD?

GNL-PB has the higher forward dividend yield at 8.07%, versus 3.23% for PLD.

Is GNL-PB or PLD safer?

PLD has the higher dividend-safety score (78/100 vs 76/100), reflecting stronger payout coverage and dividend-growth history.

Is GNL-PB or PLD 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 PLD, its fair-value estimate is 40% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.