If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Gaming and Leisure Properties Inc is 0.98, which seems too high.
Good Sign:
Gaming and Leisure Properties Inc stock Dividend Yield % is close to 5-year high.
During the past 12 months, Gaming and Leisure Properties's average Dividends Per Share Growth Rate was 2.60% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 3.40% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 4.40% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 3.20% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Gaming and Leisure Properties was 6.30% per year. The lowest was 0.00% per year. And the median was 4.60% per year.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Gaming and Leisure Properties (NAS:GLPI) Dividends per Share Explanation
1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.
Gaming and Leisure Properties's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as
During the past 13 years, the highest Dividend Payout Ratio of Gaming and Leisure Properties was 1.45. The lowest was 0.98. And the median was 1.19.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Gaming and Leisure Properties Inc is 0.98, which seems too high.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Gaming and Leisure Properties Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.820000
2026-06-12
2026-06-12
2026-06-26
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.780000
2026-03-13
2026-03-13
2026-03-27
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.780000
2025-12-05
2025-12-05
2025-12-19
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.780000
2025-09-12
2025-09-12
2025-09-26
Cash Dividend
quarterly
USD:USD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Gaming and Leisure Properties's Dividend Yield (%) for Today is calculated as
Current Share Price is $45.87.
Gaming and Leisure Properties's Dividends per Share for the trailing twelve months (TTM) ended in Today is $3.16.
During the past 13 years, the highest Dividend Yield of Gaming and Leisure Properties was 14.32%. The lowest was 4.91%. And the median was 6.46%.
Good Sign:
Gaming and Leisure Properties Inc stock Dividend Yield % is close to 5-year high.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Gaming and Leisure Properties Dividends per Share Related Terms
Gaming and Leisure Properties Dividends per Share Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Gaming and Leisure Properties Dividends per Share Chart
GLPI vs LAMR, WY, RYN: Dividends per Share Comparison
For the REIT - Specialty subindustry, Gaming and Leisure Properties's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Gaming and Leisure Properties Dividend Yield % vs REITs Industry
For the REITs industry and Real Estate sector, Gaming and Leisure Properties's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Gaming and Leisure Properties's Dividend Yield % falls into.
Gaming and Leisure Properties (GLPI) has a Dividends per Share of $3.12 as of Mar. 2026. Dividends per share represents the per-share amount paid as dividends. View historical data on Gaming and Leisure Properties and its competitors.
Is Gaming and Leisure Properties' Dividends per Share too high?
Gaming and Leisure Properties' current Dividends per Share is $3.12. Overall, Gaming and Leisure Properties has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gaming and Leisure Properties' Dividends per Share compare to LAMR and WY?
Gaming and Leisure Properties' Dividends per Share of $3.12 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividends per Share for a REITs company?
A good Dividends per Share depends on the REITs industry context. However, Dividends per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividends per Share mean?
A high Dividends per Share can signal that a stock is expensive relative to its fundamentals. Dividends per share represents the per-share amount paid as dividends. View historical data on Gaming and Leisure Properties and its competitors. Gaming and Leisure Properties's current Dividends per Share is $3.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gaming and Leisure Properties stock overvalued right now?
Based on GuruFocus' analysis, Gaming and Leisure Properties (GLPI) is currently considered Fairly Valued. The stock's GF Value™ is $49.75, compared to a current price of $45.87 — trading 7.8% below its estimated fair value. The current Dividends per Share is $3.12. Gaming and Leisure Properties' overall GF Score™ is 84/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividends per Share calculated?
Dividends per Share is calculated from a company's financial statements. For Gaming and Leisure Properties (GLPI), the current Dividends per Share is $3.12 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Gaming and Leisure Properties (GLPI) Overvalued in 2026?
Based on GuruFocus' analysis, Gaming and Leisure Properties stock appears to be undervalued.
The current stock price of $45.87 is trading 7.8% below its estimated GF Value™ of $49.75.
GuruFocus considers Gaming and Leisure Properties to be Fairly Valued.
Key valuation signals for GLPI:
Dividends per Share: $3.12
GF Value™: $49.75 vs. price of $45.87 (7.8% below fair value)
No single metric tells the full story. See the GLPI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gaming and Leisure Properties Business Description
Gaming and Leisure Properties Inc, or GLP, is a self-administered and self-managed Pennsylvania real estate investment trust (REIT). It is engaged in acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements. The company also extends loans that produce fixed or variable returns, which may convert into leased rent upon project completion or stabilization. Its portfolio consists of gaming and related facilities and amenities such as Ameristar Black Hawk, Bally's Casino, Argosy Casino Alton, Bally's Chicago, Hollywood Casino Aurora, and others located across different states in the United States.
84GF Score
Get the complete analysis for GLPI
Dividends per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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