Gaming and Leisure Properties, Inc.
S&P 500GLPI/Real Estate · REIT - Specialty/NASDAQ
Dividend Yield
7.15%
$3.16 · Annual Dividend
Dividend Safety Rating
GLPI's dividend appears safe and well-supported. Strengths include a 79.9% ffo payout ratio & 31.1x current ratio. Areas of concern: 118.8% fcf payout ratio & 78.1% cfo payout ratio. As a REIT, its payout is measured against FFO (funds from operations) rather than net income, since large non-cash depreciation makes the earnings payout ratio misleading.
Based on 14 of 15 metrics
Strengths
- Current Ratio: 31.1xStrong short-term liquidity to meet obligations.
- Operating Margin: 79.4%Healthy operating margin provides a wide buffer.
- Gross Margin: 96.7%High gross margin signals strong pricing power.
Risks
- FCF Payout Ratio: 118.8%Free cash flow is tight relative to the dividend.
- CFO Payout Ratio: 78.1%Operating cash flow leaves little room for the payout.
Payout & Coverage
CautionBalance Sheet
Very SafeProfitability
Very SafeDividend Track Record
Very SafeAbout Gaming and Leisure Properties, Inc.
Gaming and Leisure Properties, Inc. is a real estate investment trust specializing in owning premier gaming and related properties leased to leading operators under triple-net lease arrangements. Its geographically diversified portfolio spans 21 states and includes 71 high-quality casino resorts, racetracks, and entertainment facilities featuring extensive gaming floors, hotels, and amenities. Key tenants encompass PENN Entertainment, Caesars Entertainment, Boyd Gaming Corporation, Bally’s Corporation, The Cordish Companies, 815 Entertainment, American Racing and Entertainment, and Strategic Gaming Management, ensuring stable rental income from established industry players. The company focuses on gaming real estate while pursuing complementary diversification, leveraging a seasoned management team with deep sector expertise to maintain portfolio strength and support operator partnerships. Founded in 2013 and headquartered in Wyomissing, Pennsylvania, Gaming and Leisure Properties, Inc. plays a pivotal role in the gaming real estate sector by providing specialized property ownership and financing solutions to casino operators nationwide.
Dividend Overview
Dividend Yield
7.15%
Annual Dividend
$3.16
Frequency
Quarterly
Payout Ratio
98.42%
FCF Payout Ratio
118.78%
52-Week Range
$41.17 - $49.95
Dividend History (2016–2025)
GLPI annual dividend per share and yield history
Earnings & Profitability
GLPI earnings per share and net profit margin
Key Dates
Last Ex-Dividend Date
June 12, 2026
Next Payment Date
June 26, 2026
Dividend Growth
3-Year Dividend CAGR
3.39%
5-Year Dividend CAGR
4.40%
10-Year Dividend CAGR
3.58%
3-Year Total Growth
10.52%
5-Year Total Growth
24.00%
10-Year Total Growth
42.20%
Income Calculator
Frequently Asked Questions
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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.
Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.
Market data provided by Twelve Data.