Getty Realty Corp.

GTY

Real Estate · REIT - Retail · Stock · quarterly payer

$28.38

Undervalued · +95% Add to Portfolio

Forward Yield

6.84%

Annual Dividend

$1.94

Payout Ratio

117%

5-Yr Growth

4.8%

Ex-Date

Sep 24, 2026

Frequency

Quarterly

Key facts about GTY's dividend

Data as of Oct 18, 2026 · Source: SmarterDividends data

As of Oct 18, 2026, Getty Realty Corp. (GTY) has a forward dividend yield of 6.84%, based on an annual dividend of $1.94 per share and a share price of $28.38.
As of Oct 18, 2026, GTY's dividend safety grade from SmarterDividends is B (74 out of 100), which rates the dividend as safe.
By SmarterDividends' count, Getty Realty Corp. (GTY) has raised its dividend for 11 consecutive years as of Oct 18, 2026.
GTY last cut its regular dividend in 2012.
GTY's most recent ex-dividend date was Sep 24, 2026, for a dividend of $0.49 per share.
As of Oct 18, 2026, GTY pays out 117% of its trailing 12-month earnings as dividends (its payout ratio).
GTY's dividend has grown at an average rate of 4.8% a year over the past five years.
As of Oct 18, 2026, GTY's 6.84% yield is 17% above its five-year average yield of 5.83%.
As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for GTY is $55.29 per share, 95% above the $28.38 share price, so GTY screens as undervalued.
Getty Realty Corp. (GTY) pays its dividend quarterly, 4 times a year.
Getty Realty Corp. (GTY) has raised its regular dividend 33 times and cut it 4 times across the 149 payments on record since 1986. Its most recent change was a 3.2% increase to $0.485 per share, going ex-dividend on Dec 26, 2025. The last cut went ex-dividend on Dec 10, 2015.

Cite this page

SmarterDividends, "GTY Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/GTY

Summary

As of Oct 18, 2026, Getty Realty Corp. (GTY) yields 6.84% ($1.94 a year per share), has a dividend safety grade of B (74/100) and has 11 consecutive years of dividend increases on record.

Is GTY a good dividend stock?

Yes, with caveats

Getty Realty Corp. (GTY) pays a quarterly dividend yielding 6.84% ($1.94/yr), with 11 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

11 consecutive years of dividend growth

Risks

Cut its dividend in 2012
Elevated payout ratio (117%)
Share price is down over the past 5 years

Key Data

Dividend Yield: 6.84%
Payout Ratio: 117%
Annual Dividend: $1.94
5-Yr Avg Growth: 4.8%
Ex-Dividend Date: Sep 24, 2026
Years of Growth: 11
Frequency: quarterly
Beta: 0.75
Market Cap: $1.8B
P/E Ratio: 17.2
5-Yr Total Return: -7%
52-Week Range: $26.91 – $36.83
Dividend Safety: B · 74/100
Ever Cut?: Yes (2012)

GTY dividend raises and cuts

Getty Realty Corp. (GTY) has raised its regular dividend 33 times and cut it 4 times across the 149 payments on record since 1986. Its most recent change was a 3.2% increase to $0.485 per share, going ex-dividend on Dec 26, 2025. The last cut went ex-dividend on Dec 10, 2015.

Ex-date	Change	Old → new	Move
Dec 26, 2025	Raise	$0.470 → $0.485	+3.2%
Dec 26, 2024	Raise	$0.450 → $0.470	+4.4%
Dec 27, 2023	Raise	$0.430 → $0.450	+4.7%
Dec 21, 2022	Raise	$0.410 → $0.430	+4.9%
Dec 22, 2021	Raise	$0.390 → $0.410	+5.1%
Dec 23, 2020	Raise	$0.370 → $0.390	+5.4%
Dec 24, 2019	Raise	$0.350 → $0.370	+5.7%
Dec 19, 2018	Raise	$0.320 → $0.350	+9.4%
Dec 20, 2017	Raise	$0.280 → $0.320	+14.3%
Dec 20, 2016	Raise	$0.250 → $0.280	+12.0%
Dec 22, 2015	Raise	$0.220 → $0.250	+13.6%
Dec 10, 2015	Cut	$0.240 → $0.220	−8.3%

Show all 37 changes since 1987

Ex-date	Change	Old → new	Move
Sep 22, 2015	Raise	$0.220 → $0.240	+9.1%
Mar 24, 2015	Raise	$0.200 → $0.220	+10.0%
Mar 26, 2013	Raise	$0.125 → $0.200	+60.0%
Jun 26, 2012	Cut	$0.250 → $0.125	−50.0%
Sep 30, 2011	Cut	$0.480 → $0.250	−47.9%
Sep 28, 2010	Raise	$0.475 → $0.480	+1.1%
Sep 22, 2009	Raise	$0.470 → $0.475	+1.1%
Sep 23, 2008	Raise	$0.465 → $0.470	+1.1%
Jun 26, 2007	Raise	$0.455 → $0.465	+2.2%
Mar 28, 2006	Raise	$0.445 → $0.455	+2.2%
Sep 27, 2005	Raise	$0.435 → $0.445	+2.3%
Mar 29, 2005	Raise	$0.425 → $0.435	+2.4%
Sep 23, 2003	Raise	$0.413 → $0.425	+2.9%
Sep 27, 2001	Raise	$0.150 → $0.413	+175.3%
Apr 5, 2000	Raise	$0.100 → $0.150	+50.0%
Apr 6, 1998	Raise	$0.0300 → $0.100	+233.3%
Apr 7, 1997	Raise	$0.0227 → $0.0300	+32.3%
Dec 26, 1991	Cut	$0.0529 → $0.0151	−71.4%
Jun 28, 1990	Raise	$0.0504 → $0.0529	+5.0%
Dec 27, 1989	Raise	$0.0360 → $0.0504	+40.0%
Sep 27, 1989	Raise	$0.0343 → $0.0360	+5.0%
Jun 29, 1989	Raise	$0.0327 → $0.0343	+5.0%
Sep 28, 1988	Raise	$0.0311 → $0.0327	+5.0%
Apr 5, 1988	Raise	$0.0249 → $0.0311	+25.0%
Apr 6, 1987	Raise	$0.0237 → $0.0249	+5.0%

Every GTY payment →Download every raise and cut (CSV)

GTY ex-dividend date & scheduleNext ex-date Sep 24, 2026 · full ex-dividend historyView →GTY dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is GTY a good dividend stock?

Yes, with caveats. Getty Realty Corp. (GTY) pays a quarterly dividend yielding 6.84% ($1.94/yr), with 11 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Is GTY undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, GTY's fair value is about $55.29 versus a $28.38 share price — so it looks undervalued (+95% vs. fair value).

Is GTY's dividend safe?

GTY has a dividend-safety grade of B (74/100), based on its payout coverage, free-cash-flow, 11-year growth streak, a dividend cut in 2012, debt and yield-versus-history.

What is GTY's fair value?

Our blended fair-value estimate for GTY is about $55.29 per share, roughly 95% above the current $28.38 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is GTY a buy, hold, or sell?

We don't issue formal ratings, but on the data GTY screens as "yes, with caveats" and undervalued. Getty Realty Corp. (GTY) pays a quarterly dividend yielding 6.84% ($1.94/yr), with 11 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will GTY cut its dividend?

GTY earns a dividend-safety grade of B (74/100), and has cut its dividend before (last in 2012). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does GTY pay a dividend?

Yes. Getty Realty Corp. pays a quarterly dividend of about $1.94 per share annually, a forward yield of roughly 6.84%.

What is GTY's dividend yield?

As of Oct 18, 2026, GTY's forward dividend yield is 6.84%, based on a $1.94 annual dividend and a $28.38 share price.

What is GTY's dividend per share?

As of Oct 18, 2026, GTY pays $1.94 per share per year, distributed on a quarterly basis.

What is GTY's dividend payout ratio?

As of Oct 18, 2026, GTY's payout ratio is 117% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

How many years has GTY grown its dividend?

As of Oct 18, 2026, GTY has increased its dividend for 11 consecutive years.

When is the next GTY ex-dividend date?

As of Oct 18, 2026, GTY's next ex-dividend date hasn't been announced. The most recent was Sep 24, 2026, for $0.49 per share.

Dividend Growth

Total dividends per share by year

Dividend History

Full GTY dividend history →

Ex-Date	Pay Date	Amount	Type
Sep 24, 2026	Oct 8, 2026	$0.4850	regular
Jun 25, 2026	Jul 9, 2026	$0.4850	regular
Mar 26, 2026	Apr 9, 2026	$0.4850	regular
Dec 26, 2025	Jan 8, 2026	$0.4850	regular
Sep 25, 2025	Oct 9, 2025	$0.4700	regular
Jun 26, 2025	Jul 10, 2025	$0.4700	regular
Mar 27, 2025	Apr 10, 2025	$0.4700	regular
Dec 26, 2024	Jan 9, 2025	$0.4700	regular
Sep 26, 2024	Oct 10, 2024	$0.4500	regular
Jun 27, 2024	Jul 11, 2024	$0.4500	regular
Mar 27, 2024	Apr 11, 2024	$0.4500	regular
Dec 27, 2023	Jan 11, 2024	$0.4500	regular
Sep 27, 2023	Oct 12, 2023	$0.4300	regular
Jun 21, 2023	Jul 6, 2023	$0.4300	regular