Gaming and Leisure Properties As of May 18, 2022 ticker dps (an.) 2022 hike 2021 hike 2020 hike
GLPI $2.82 5.2% 11.7% -14.3%
Business yield Hike yrs 5 yr CAGR freq. paid since
Casino Properties REIT 6.3% 2 2.3% Quarter 2014
Gaming and Leisure Properties hikes dividend by 2.2%

Gaming and Leisure Properties (GLPI) will raise its quarterly dividend by 2.2 percent to $0.705 per share in Q2 of 2022. This follows a 3 percent dividend hike in Q1 by GLPI.

The next GLPI dividend of $0.705 per share will be paid on June 24, 2022, to shareholders of record on June 10, 2022. A new annualized dividend rate of $2.82 per share yields 6.5% at a stock price of $42.52. The ex-date for the next GLPI dividend is June 10, 2022. The annual dividend payment by Gaming and Leisure Properties will now jump to an estimated total of $672 million.

Gaming and Leisure Properties, Inc. is a Pennsylvania real estate investment trust (REIT). The Company is engaged in the business of acquiring, financing and owning real estate property to be leased to gaming operators in triple net lease arrangements. GLP’s portfolio currently consists of 43 gaming and related facilities, which are geographically diversified across 15 states. Its tenants include Penn National Gaming, Inc., Casino Queen, Pinnacle Entertainment, Inc. and Eldorado Resorts, Inc. GLP also owns and operates Hollywood Casino Baton Rouge and Hollywood Casino Perryville through an indirect wholly-owned subsidiary, GLP Holdings, Inc.

Dividend Calendar

Look at the complete list of upcoming events
Ex-date Ticker Yield YTD hike
May 25 XYL 1.5% 7.1%
May 25 AMAT 0.9% 8.3%
May 25 DFS 1.9% 0.0%
May 26 FTV 0.5% 0.0%
May 26 IP 3.8% 0.0%
May 26 HII 2.3% 0.0%
May 26 HLT 0.5% 0.0%
May 26 MAS 2.1% 19.1%
May 26 SPGI 1.0% 10.4%
May 26 FBHS 1.7% 0.0%