Computed head-to-head · 6 dimensions
GLPI vs NLY
Gaming and Leisure Properties, Inc. versus Annaly Capital Management, Inc. — yield, safety, growth trend, cost, scale, and tax treatment.
GLPI and NLY are evenly matched (2–2 across six dimensions) — the right pick comes down to which dimension you weight most.
Neither GLPI nor NLY wins outright — the two are nearly equivalent across all 6 dimensions, making the choice largely a matter of which account you hold them in and personal preference on yield vs stability. GLPI and NLY are evenly matched (2–2 across six dimensions) — the right pick comes down to which dimension you weight most.
On yield alone, NLY generates 12.92% vs 6.60% — a 6.32% difference that translates to $6,320 more per year on a $100,000 investment. On dividend safety, GLPI scores 4.9/10 (Weak) vs 4.2/10 (Weak) for NLY — investors prioritizing income reliability should weight that gap alongside the yield difference.
Scorecard at a glance
| Dimension | GLPI | NLY | Winner |
|---|---|---|---|
| Yield | 6.60% | 12.92% | NLY wins |
| Dividend safety | 4.9/10 | 4.2/10 | GLPI wins |
| Growth trend | +0.59% vs 5y | -0.72% vs 5y | NLY wins |
| Volatility (beta) | 0.71 | 1.27 | GLPI wins |
| Scale | $13.4B | $15.9B | Tie |
| Tax efficiency | Ordinary income | Ordinary income | Tie |
| Overall | 2 wins | 2 wins | Tie |
Dimension by dimension
NLY wins on yield (12.92% vs 6.60%)
On a $10,000 investment that's about $632 more in annual dividend income before taxes — though higher yield often comes with higher risk.
NLY's higher yield (12.92%) looks attractive but investors should weigh whether the extra income compensates for any additional risk versus GLPI's 6.60% — especially if the higher yield is driven by covered calls or a falling share price.
GLPI wins on safety (4.9/10 vs 4.2/10)
Our score combines yield zone, payout ratio, trend vs 5-year average, instrument type, and size. GLPI scores better on the weighted average of those factors.
GLPI (4.9/10) scores 0.7 points higher than NLY (4.2/10). A higher safety score means lower historical indicators of dividend cut risk — payout ratio, yield zone, and trend all factor in.
NLY shows healthier dividend-vs-price trend
NLY's yield is 0.72% below its 5y average, versus 0.59% for GLPI. Lower (or below-average) yield trend often means price appreciation outpaced distributions — a healthier signal.
GLPI is less volatile (beta 0.71 vs 1.27)
Lower beta means smaller swings vs the S&P 500 — generally a steadier hold for income investors.
Comparable scale ($13.4B vs $15.9B)
Within 1.5x of each other on market cap / AUM — similar institutional footprint.
Both have similar tax-treatment concerns
Both pay primarily ordinary-income distributions (covered call ETF, REIT, or mREIT). Hold in a tax-advantaged account for the cleanest treatment.
How we compare these
Every comparison on this page is computed from current public data, not written by hand. Yield comes from the most recent dividend distribution annualized over current price. Safety scores combine yield zone, payout ratio, trend vs 5-year average, instrument type, and size — see our methodology for the exact formula. Tax-efficiency flags identify covered-call ETFs, REITs, and mREITs which distribute primarily as ordinary income.
This is educational, not investment advice.Scores reflect a snapshot of public data on the "as of" dates shown on each ticker's safety page. Verify on the issuer's investor relations page or your brokerage before making decisions.
Frequently asked
Which is better for income, GLPI or NLY?
GLPI and NLY are evenly matched (2–2 across six dimensions) — the right pick comes down to which dimension you weight most.
GLPI vs NLY: which has a higher dividend yield?
GLPI yields 6.60% and NLY yields 12.92%. On a $10,000 investment that's about $632 more in annual dividend income before taxes — though higher yield often comes with higher risk.
Is GLPI or NLY a safer dividend in 2026?
GLPI scores 4.9/10 (Weak) on the Infnits dividend safety scale. NLY scores 4.2/10 (Weak). GLPI is the safer pick on our scoring model.
Which has better dividend growth, GLPI or NLY?
NLY's yield is 0.72% below its 5y average, versus 0.59% for GLPI. Lower (or below-average) yield trend often means price appreciation outpaced distributions — a healthier signal.
GLPI vs NLY: which is more tax-efficient?
Both pay primarily ordinary-income distributions (covered call ETF, REIT, or mREIT). Hold in a tax-advantaged account for the cleanest treatment.
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