GLPI (Gaming and Leisure Properties) Dividend Payout Ratio: 0.95 (As of Mar. 2026) — 20% Below Median


GLPI Gaming and Leisure Properties Inc GLPI
86 GF Score
Price $45.38
GF Value $49.74
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Gaming and Leisure Properties Dividend Payout Ratio?

Gaming and Leisure Properties GLPI +1.50% 86 Dividend Payout Ratio is 0.95 as of Mar. 2026, which is 20% below its 10-year median of 1.19. GuruFocus rates GLPI with a GF Scoreâ„¢ of 86/100 and a GF Valueâ„¢ of $49.74 (Fairly Valued). The stock has 5 warning signs investors should review. Among 718 REITs companies, Gaming and Leisure Properties ranks better than 51.81% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Gaming and Leisure Properties's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.95.

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.

The historical rank and industry rank for Gaming and Leisure Properties's Dividend Payout Ratio or its related term are showing as below:

GLPI' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.98   Med: 1.19   Max: 1.45
Current: 0.98

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.

GLPI's Dividend Payout Ratio is ranked better than
51.81% of 718 companies
in the REITs industry
Industry Median: 0.99 vs GLPI: 0.98

As of today (2026-06-25), the Dividend Yield % of Gaming and Leisure Properties is 6.96%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Gaming and Leisure Properties was 14.32%. The lowest was 4.91%. And the median was 6.46%.

Gaming and Leisure Properties's Dividends per Share for the months ended in Mar. 2026 was $0.78.

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.

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.

The growth rate is calculated with least square regression.

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) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Gaming and Leisure Properties Dividend Payout Ratio Related Terms

Gaming and Leisure Properties Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Gaming and Leisure Properties's Dividend Payout Ratio can be seen below:

* 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 Dividend Payout Ratio Chart

Gaming and Leisure Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.23 1.15 1.05 1.06 1.04

Gaming and Leisure Properties Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.27 1.44 0.90 0.81 0.95

GLPI vs LAMR, WY, RYN: Dividend Payout Ratio Comparison

For the REIT - Specialty subindustry, Gaming and Leisure Properties's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Payout Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Gaming and Leisure Properties's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Gaming and Leisure Properties's Dividend Payout Ratio falls into.


GLPI
86GF Score
Gaming and Leisure Properties Inc GLPI
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gaming and Leisure Properties Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Gaming and Leisure Properties's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=3.1/ 2.985
=1.04

Gaming and Leisure Properties's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=0.78/ 0.821
=0.95

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.95 mean?
Gaming and Leisure Properties (GLPI) has a Dividend Payout Ratio of 0.95 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Gaming and Leisure Properties and its competitors. This is 20% below median its historical median of 1.19. Over the past decade, Gaming and Leisure Properties' Dividend Payout Ratio has ranged from 0.98 to 1.45. According to the industry distribution chart, Gaming and Leisure Properties ranks #346 out of 718 companies in the REITs industry, placing it in the top 48.2%.
Is Gaming and Leisure Properties' Dividend Payout Ratio too high?
Gaming and Leisure Properties' current Dividend Payout Ratio of 0.95 is 20% below median its 10-year median of 1.19. Over the past 10 years, this metric has ranged from a low of 0.98 to a high of 1.45. The REITs industry median Dividend Payout Ratio is 0.99. Gaming and Leisure Properties' value of 0.95 is 4% below this industry median. Based on the distribution chart, Gaming and Leisure Properties ranks #346 out of 718 companies in the REITs industry, which is above the industry midpoint. Overall, Gaming and Leisure Properties has a GF Scoreâ„¢ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gaming and Leisure Properties' Dividend Payout Ratio compare to LAMR and WY?
According to the REITs industry distribution chart, Gaming and Leisure Properties ranks #346 out of 718 companies for Dividend Payout Ratio. This puts Gaming and Leisure Properties in the upper half of its industry. The industry median Dividend Payout Ratio is 0.99. Gaming and Leisure Properties' value of 0.95 is 4% below this benchmark. Historically, Gaming and Leisure Properties' own Dividend Payout Ratio has ranged from 0.98 to 1.45 over the past decade. While the company's 10-year median is 1.19 vs. the industry median of 0.99, Gaming and Leisure Properties has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a REITs company?
The median Dividend Payout Ratio among REITs companies is 0.99, based on 718 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gaming and Leisure Properties's current Dividend Payout Ratio of 0.95 is 4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Gaming and Leisure Properties and its competitors. For the REITs industry, the median Dividend Payout Ratio is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gaming and Leisure Properties's current Dividend Payout Ratio is 0.95, which is 20% below median its own 10-year median of 1.19. 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 $49.74, compared to a current price of $45.38 — trading 8.8% below its estimated fair value. The current Dividend Payout Ratio is 0.95, which is 20% below median its 10-year median of 1.19 and 4% below the REITs industry median of 0.99. Gaming and Leisure Properties' overall GF Score™ is 86/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Gaming and Leisure Properties (GLPI), the current Dividend Payout Ratio is 0.95 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 $45.38 is trading 8.8% below its estimated GF Value™ of $49.74. GuruFocus considers Gaming and Leisure Properties to be Fairly Valued.

Key valuation signals for GLPI:

  • Dividend Payout Ratio: 0.95 (20% below median its 10-year median of 1.19)
  • GF Value™: $49.74 vs. price of $45.38 (8.8% below fair value)
  • GF Score™: 86/100 with 5 warning signs
  • Industry Position: 4% below the REITs median (#346 of 718)

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

Industry Real EstateREITs
Other Exchanges 2GL:GermanyG1AM34:Brazil
Address 845 Berkshire Boulevard, Suite 200, Wyomissing, PA, USA, 19610
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.
86GF Score

Get the complete analysis for GLPI

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$45.38
Price
$49.74
GF Value