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
| Metric | GNL-PB | PLD |
|---|---|---|
| Forward yield | 8.07% | 3.23% |
| Annual dividend | $1.72 | $4.28 |
| Payout ratio | — | 93% |
| Years of growth | 0 yr | 12 yr |
| 5-yr dividend growth | 3.4% | 11.7% |
| 5-yr total return | -24% | -8% |
| Dividend safety score | 76 (B) | 78 (B) |
| Fair value estimate | $39.09 | $78.36 |
| Upside to fair value | +79% | -40% |
| Frequency | quarterly | quarterly |
| 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.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.


