Gaming and Leisure Properties Dividend
Dividend criteria checks 3/6
Gaming and Leisure Properties is a dividend paying company with a current yield of 5.82% that is well covered by earnings. Last payment was on 30th June, 2023 with an ex-dividend date of 15th June, 2023.
Key information
5.8%
Dividend yield
83%
Payout ratio
| Industry average yield | 4.3% |
| Next dividend pay date | 30 Jun 23 |
| Ex dividend date | 15 Jun 23 |
| Dividend per share | n/a |
| Earnings per share | Mex$2.85 |
| Dividend yield forecast in 3Y | 6.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GLPI * has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: GLPI *'s dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Gaming and Leisure Properties Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GLPI *) | 5.8% |
| Market Bottom 25% (MX) | 2.2% |
| Market Top 25% (MX) | 6.6% |
| Industry Average (Specialized REITs) | 4.3% |
| Analyst forecast in 3 Years (GLPI *) | 6.0% |
Notable Dividend: GLPI *'s dividend (5.82%) is higher than the bottom 25% of dividend payers in the MX market (2.31%).
High Dividend: GLPI *'s dividend (5.82%) is low compared to the top 25% of dividend payers in the MX market (7.29%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (82.8%), GLPI *'s payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (83.9%), GLPI *'s dividend payments are covered by cash flows.