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
| Metric | GNL-PD | PLD |
|---|---|---|
| Forward yield | 8.36% | 3.23% |
| Annual dividend | $1.88 | $4.28 |
| Payout ratio | — | 93% |
| Years of growth | 0 yr | 12 yr |
| 5-yr dividend growth | — | 11.7% |
| 5-yr total return | — | -8% |
| Dividend safety score | 62 (C) | 78 (B) |
| Fair value estimate | $30.75 | $78.36 |
| Upside to fair value | +36% | -40% |
| Frequency | quarterly | quarterly |
| 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.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.


