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Gaming and Leisure Properties (FRA:2GL) Forward Dividend Yield % : 6.70% (As of May. 05, 2024)


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What is Gaming and Leisure Properties Forward Dividend Yield %?

As of today (2024-05-05), the Forward Annual Dividend Yield of Gaming and Leisure Properties is 6.70%.

As of today (2024-05-05), the Trailing Annual Dividend Yield of Gaming and Leisure Properties is 6.70%.

FRA:2GL's Forward Dividend Yield % is ranked worse than
55.14% of 827 companies
in the REITs industry
Industry Median: 7.3 vs FRA:2GL: 6.70

Gaming and Leisure Properties's Dividends per Share for the three months ended in Mar. 2024 was €0.70.

During the past 12 months, Gaming and Leisure Properties's average Dividends Per Share Growth Rate was 3.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.10% 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 0.80% per year. And the median was 5.35% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Gaming and Leisure Properties's Forward Dividend Yield %

For the REIT - Specialty subindustry, Gaming and Leisure Properties's Forward Dividend Yield %, along with its competitors' market caps and Forward 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's Forward Dividend Yield % Distribution in the REITs Industry

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

* The bar in red indicates where Gaming and Leisure Properties's Forward Dividend Yield % falls into.



Gaming and Leisure Properties Forward Dividend Yield % Calculation

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 0.7600002024-03-142024-03-152024-03-29Cash DividendquarterlyUSD:EUR 0.920000
USD 0.7300002023-12-072023-12-082023-12-22Cash DividendquarterlyUSD:EUR 0.917000
USD 0.7300002023-09-142023-09-152023-09-29Cash DividendquarterlyUSD:EUR 0.937000
USD 0.7200002023-06-152023-06-162023-06-30Cash DividendquarterlyUSD:EUR 0.923000

* 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 Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=2.7968/40.50
=6.91 %

Current Share Price is €40.50.
Gaming and Leisure Properties's Dividends per Share for the forward twelve months is calculated as €0.6992 * 4 = €2.7968.

Gaming and Leisure Properties's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2.71718/40.50
=6.71 %

Current Share Price is €40.50.
Gaming and Leisure Properties's Dividends per Share for the trailing twelve months (TTM) ended in Today is €2.71718.

* 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  (FRA:2GL) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Gaming and Leisure Properties Forward Dividend Yield % Related Terms

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Gaming and Leisure Properties (FRA:2GL) Business Description

Traded in Other Exchanges
Address
845 Berkshire Boulevard, Suite 200, Wyomissing, PA, USA, 19610
Gaming and Leisure Properties Inc, or GLP, is a real estate investment property trust primarily involved in the leasing of gaming and related facilities to wholly-owned subsidiaries of Penn National Gaming, or Penn, throughout the U.S. GLP segments its operations into GLP Capital and TRS Properties divisions. The company derives the vast majority of its revenue from its GLP Capital unit in the form of rental income from dockside and land-based casinos located mostly in the American Midwest. Almost all of GLP Capital's leases are long-term agreements that give Penn the option for future extensions. Gaming revenue generated by TRS Properties, which encompasses the operations of Hollywood Casino Perryville and Hollywood Casino Baton Rouge, also represents a significant income stream for GLP.

Gaming and Leisure Properties (FRA:2GL) Headlines

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