Gaming and Leisure Properties declared a $0.82 quarterly dividend, up from $0.78, payable June 26, 2026.
Quiver AI Summary
Gaming and Leisure Properties, Inc. (GLPI) announced that its Board of Directors has declared a cash dividend of $0.82 per share for the second quarter of 2026, an increase of $0.04 from the previous quarter. This dividend will be paid on June 26, 2026, to shareholders on record as of June 12, 2026. With a closing share price of $47.22 on May 20, the annualized yield is 6.95%. The previous cash dividend in the second quarter of 2025 was $0.78 per share. While GLPI plans to continue paying quarterly dividends, future payouts will be reviewed each quarter at the Board's discretion. The press release also includes forward-looking statements regarding the company's dividend policy and associated risks.
Potential Positives
- The Company announced a cash dividend increase to $0.82 per share, reflecting a commitment to returning value to shareholders.
- The annualized dividend yield of 6.95% based on the current share price is attractive to investors, possibly enhancing stock appeal.
- The dividend is payable on June 26, 2026, providing shareholders with a clear timeline for receipt of returns.
Potential Negatives
- The company's future dividend payments are not guaranteed, as they were stated to be reviewed quarterly and declared at the Board's discretion.
- Potential risks related to tenant operations due to inflation and the impact of pandemics like COVID-19 on their ability to pay rent could affect the company's financial stability.
- GLPI's substantial indebtedness may pose risks to its future operations and overall financial health.
FAQ
What is the new dividend amount declared by Gaming and Leisure Properties?
The new cash dividend is $0.82 per share, marking a $0.04 increase from the previous level.
When will the dividend be payable?
The dividend is payable on June 26, 2026, to shareholders of record on June 12, 2026.
What is the annualized yield based on the current dividend?
The current dividend reflects an annualized yield of 6.95% based on a closing share price of $47.22.
Will Gaming and Leisure Properties continue to pay dividends?
The Company intends to pay regular quarterly dividends, but future payments will be reviewed and declared at the Board's discretion.
What type of business does Gaming and Leisure Properties operate?
GLPI acquires, finances, and owns real estate properties leased to gaming operators under triple-net lease arrangements.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$GLPI Insider Trading Activity
$GLPI insiders have traded $GLPI stock on the open market 9 times in the past 6 months. Of those trades, 0 have been purchases and 9 have been sales.
Here’s a breakdown of recent trading of $GLPI stock by insiders over the last 6 months:
- STEVEN LADANY (SVP Chief Development Officer) has made 0 purchases and 4 sales selling 36,864 shares for an estimated $1,650,905.
- BRANDON JOHN MOORE (President, COO, and Secretary) has made 0 purchases and 3 sales selling 18,374 shares for an estimated $882,859.
- DESIREE A. BURKE (CFO and Treasurer) sold 9,804 shares for an estimated $480,592
- E SCOTT URDANG sold 4,000 shares for an estimated $189,480
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$GLPI Revenue
$GLPI had revenues of $420M in Q1 2026. This is an increase of 6.26% from the same period in the prior year.
You can track GLPI financials on Quiver Quantitative's GLPI stock page.
You can access data on GLPI stock through the Quiver Quantitative API.
$GLPI Hedge Fund Activity
We have seen 338 institutional investors add shares of $GLPI stock to their portfolio, and 301 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 2,355,301 shares (-99.9%) from their portfolio in Q1 2026, for an estimated $104,504,705
- WELLINGTON MANAGEMENT GROUP LLP added 1,973,401 shares (+17.0%) to their portfolio in Q1 2026, for an estimated $87,559,802
- DEUTSCHE BANK AG\ added 1,856,925 shares (+113.2%) to their portfolio in Q1 2026, for an estimated $82,391,762
- MARSHALL WACE, LLP removed 1,521,275 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $67,498,971
- CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC added 1,406,273 shares (+2121.7%) to their portfolio in Q1 2026, for an estimated $62,396,333
- CITADEL ADVISORS LLC removed 1,392,413 shares (-19.9%) from their portfolio in Q1 2026, for an estimated $61,781,364
- COHEN & STEERS, INC. added 1,198,612 shares (+17.1%) to their portfolio in Q1 2026, for an estimated $53,182,414
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$GLPI Analyst Ratings
Wall Street analysts have issued reports on $GLPI in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Mizuho issued a "Outperform" rating on 12/17/2025
- JP Morgan issued a "Overweight" rating on 12/12/2025
To track analyst ratings and price targets for $GLPI, check out Quiver Quantitative's $GLPI forecast page.
$GLPI Price Targets
Multiple analysts have issued price targets for $GLPI recently. We have seen 6 analysts offer price targets for $GLPI in the last 6 months, with a median target of $53.0.
Here are some recent targets:
- Greg McGinniss from Scotiabank set a target price of $52.0 on 05/12/2026
- Richard Hightower from Barclays set a target price of $53.0 on 04/21/2026
- Haendel St. Juste from Mizuho set a target price of $53.0 on 03/11/2026
- Brad Heffern from RBC Capital set a target price of $54.0 on 02/23/2026
- Ronald Kamdem from Morgan Stanley set a target price of $53.0 on 12/24/2025
- Anthony Paolone from JP Morgan set a target price of $53.0 on 12/12/2025
Full Release
WYOMISSING, Pa., May 20, 2026 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (“GLPI” or the “Company”), announced today that the Company’s Board of Directors has declared the second quarter 2026 cash dividend of $0.82 per share of its common stock, marking an increase of $.04 per share per quarter from the prior level. The dividend is payable on June 26, 2026 to shareholders of record on June 12, 2026. Based on GLPI’s closing share price of $47.22 on May 20, the current dividend, on an annualized basis, reflects a yield of 6.95%. The second quarter 2025 cash dividend was $0.78 per share of the Company’s common stock.
While the Company intends to pay regular quarterly cash dividends for the foreseeable future, all subsequent dividends will be reviewed quarterly and declared by the Board of Directors at its discretion.
About
Gaming
and
Leisure
Properties
GLPI is engaged in the business of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements, pursuant to which the tenant is responsible for all facility maintenance, insurance required in connection with the leased properties and the business conducted on the leased properties, taxes levied on or with respect to the leased properties and all utilities and other services necessary or appropriate for the leased properties and the business conducted on the leased properties.
Forward-Looking
Statements
This press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including our expectations regarding the payment of future cash dividends. Forward-looking statements can be identified by the use of forward-looking terminology such as “expects,” “believes,” “estimates,” “intends,” “may,” “will,” “should” or “anticipates” or the negative or other variation of these or similar words, or by discussions of future events, strategies or risks and uncertainties. Such forward-looking statements are inherently subject to risks, uncertainties and assumptions about GLPI and its subsidiaries, including risks related to the following: the potential negative impact of inflation on our tenants' operations; the availability of and the ability to identify suitable and attractive acquisition and development opportunities and the ability to acquire and lease those properties on favorable terms; the ability to receive, or delays in obtaining, the regulatory approvals required to own and/or operate its properties, or other delays or impediments to completing acquisitions or projects; the effect of pandemics, such as COVID-19, on GLPI as a result of the impact such pandemics may have on the business operations of GLPI’s tenants and their continued ability to pay rent in a timely manner or at all; GLPI's ability to maintain its status as a REIT; our ability to access capital through debt and equity markets in amounts and at rates and costs acceptable to GLPI; the impact of our substantial indebtedness on our future operations; changes in the U.S. tax law and other state, federal or local laws, whether or not specific to REITs or to the gaming or lodging industries; and other factors described in GLPI’s Annual Report on Form 10-K for the year ended December 31, 2025, Quarterly Reports on Form 10-Q and current Reports on Form 8-K, each as filed with the Securities and Exchange Commission. All subsequent written and oral forward-looking statements attributable to GLPI or persons acting on GLPI’s behalf are expressly qualified in their entirety by the cautionary statements included in this press release. GLPI undertakes no obligation to publicly update or revise any forward-looking statements contained or incorporated by reference herein, whether as a result of new information, future events or otherwise, except as required by law. In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this press release may not occur as presented or at all.
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Contact
Gaming and Leisure Properties, Inc. Carlo Santarelli, SVP – Corporate Strategy & Investor Relations 610/401-2900 [email protected] |
Investor
Relations
Joseph Jaffoni at JCIR 212/835-8500 [email protected] |