GNL-PE vs SPG: Which Is the Better Dividend Stock?
As of September 2026, GNL-PE (Global Net Lease, Inc.) screens as the stronger dividend stock, winning 3 of 5 head-to-head metrics. GNL-PE offers the higher yield at 8.12%, GNL-PE has the higher dividend-safety score, and GNL-PE trades at the larger discount to fair value (+30%).
| Metric | GNL-PE | SPG |
|---|---|---|
| Forward yield | 8.12% | 4.33% |
| Annual dividend | $1.84 | $8.90 |
| Payout ratio | — | 62% |
| Years of growth | 0 yr | 5 yr |
| 5-yr dividend growth | — | 10.5% |
| 5-yr total return | — | 40% |
| Dividend safety score | 66 (B) | 63 (C) |
| Fair value estimate | $29.46 | $128.47 |
| Upside to fair value | +30% | -37% |
| Frequency | quarterly | quarterly |
| Market cap | — | $77.8B |
| P/E ratio | — | 14.5 |
Higher yield
GNL-PE
8.12%
Safer dividend
GNL-PE
Grade B
Faster growth
SPG
10.5%
Better value
GNL-PE
+30% upside
GNL-PE vs SPG — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.