Gaming and Leisure Properties, Inc. (GLPI) announced a cash dividend of $0.780 per share, payable on Jun 27, 2025, with an ex-dividend date of Jun 13, 2025. This recent dividend is slightly lower than the average of the last ten dividends, which stands at $0.853 per share. Previously, on Mar 28, 2025,
disbursed a cash dividend of $0.760 per share. The company continues to maintain its dividend distribution strategy, reflecting a stable payout approach.
In recent developments,
Properties has been navigating market fluctuations and operational updates. Over the past week, analysts have maintained a positive outlook on gaming REITs, suggesting optimism for future deals. Despite a somewhat cautious first-quarter guidance, the CFO of GLPI expressed confidence in reaching the high end of the guidance range, indicating potential resilience in the company's strategic execution.
Since the last update, GLPI shares started trading at $46.04 on Jun 5, 2025, showcasing the market’s response to the company's ongoing developments. Analysts have reiterated their "Buy" rating for GLPI stock, pointing to expectations that it will outperform the market over the next year. Meanwhile, NBC Securities Inc. has recently increased its holdings in GLPI, reflecting growing institutional interest. Furthermore, Stifel analysts maintained their buy rating for GLPI, even as the company reported first-quarter earnings that fell short of expectations. This suggests confidence in the company’s long-term prospects, amid challenging short-term results.
In conclusion, Gaming and Leisure Properties presents a robust dividend strategy alongside its market activities. As the ex-dividend date approaches on Jun 13, 2025, it's important for investors to note that purchases made after this date will not qualify for the upcoming dividend distribution.
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