SmarterDividends

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

As of Oct 1, 2026, PLD (Prologis, Inc.) screens as the stronger dividend stock, winning 3 of 5 head-to-head metrics. GNL-PD offers the higher yield at 8.36%, PLD 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: GNL-PD vs PLD

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 3.23% for Prologis, Inc. (PLD).
  • As of Oct 1, 2026, SmarterDividends grades GNL-PD's dividend safety C (62/100) and PLD's B (78/100).
  • By SmarterDividends' count as of Oct 1, 2026, GNL-PD has raised its dividend for 0 consecutive years and PLD for 12.
  • As of Oct 1, 2026, GNL-PD's fair-value estimate is 36% above its share price and PLD's fair-value estimate is 40% below its share price, so GNL-PD looks like the better value of the two on SmarterDividends' blended model.
Cite this page

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

MetricGNL-PDPLD
Forward yield8.36%3.23%
Annual dividend$1.88$4.28
Payout ratio—93%
Years of growth0 yr12 yr
5-yr dividend growth—11.7%
5-yr total return—-8%
Dividend safety score62 (C)78 (B)
Fair value estimate$30.75$78.36
Upside to fair value+36%-40%
Frequencyquarterlyquarterly
Market cap—$126.2B
P/E ratio—29.5

Higher yield

GNL-PD

8.36%

Safer dividend

PLD

Grade B

Faster growth

PLD

11.7%

Better value

GNL-PD

+36% upside

GNL-PD vs PLD — FAQ

Is GNL-PD or PLD a better dividend stock?

On the data, PLD wins more head-to-head categories (3 vs 2). GNL-PD offers the higher yield (8.36%), 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-PD or PLD?

GNL-PD has the higher forward dividend yield at 8.36%, versus 3.23% for PLD.

Is GNL-PD or PLD safer?

PLD has the higher dividend-safety score (78/100 vs 62/100), reflecting stronger payout coverage and dividend-growth history.

Is GNL-PD or PLD 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 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.