Gaming and Leisure Properties, Inc. Announces Q4 2024 Dividend
Gaming and Leisure Properties Announces Solid Dividend for Q4
Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) recently shared exciting news regarding its dividend declaration for the fourth quarter of 2024. In a decision that reflects the company's commitment to returning value to its shareholders, the Board of Directors has approved a cash dividend of $0.76 per share. This payment is set to be made on December 20, 2024, to those who are shareholders of record by December 6, 2024.
Dividend Growth Over Time
Last year, the dividend for the fourth quarter stood at $0.73 per share. This increase demonstrates the company’s ongoing strategy to enhance returns for its investors. While GLPI has a strong intention to provide consistent quarterly dividends, the Board will regularly review each declaration, emphasizing a prudent and proactive approach to dividend management.
Overview of Gaming and Leisure Properties, Inc.
Gaming and Leisure Properties, Inc. specializes in acquiring and managing real estate that is primarily leased to gaming operators. The company operates through triple-net lease arrangements, ensuring that tenants are responsible not only for rent but also for all operational costs associated with the properties they utilize. This arrangement allows GLPI to maintain robust cash flow while providing real estate solutions tailored to the needs of the gaming industry.
Commitment to Sustainable Operations
The company maintains a steady focus on potential expansion opportunities and sustainable operations. By evaluating market trends and identifying suitable properties for acquisition, GLPI continues to position itself advantageously within the real estate investment trust (REIT) sector. Their commitment to upholding lease agreements while ensuring their properties are well-maintained is indicative of their dedication to long-term success.
Investor Relations and Future Engagement
Gaming and Leisure Properties encourages ongoing communication with its investors. Inquiries regarding dividends, acquisitions, and other investor-related concerns can be directed to key contacts within the Investor Relations team. Matthew Demchyk, Chief Investment Officer, is available for discussions, assuring that the company values transparency and engagement with its shareholder community.
Contact Details
For investor inquiries, please reach out to: Matthew Demchyk, Chief Investment Officer at 610/401-2900 or via email at investorinquiries@glpropinc.com.
Additionally, the Investor Relations team, including representatives Joseph Jaffoni, Richard Land, and James Leahy at JCIR, can be contacted at 212/835-8500 for further assistance or questions.
Frequently Asked Questions
What is the announced dividend amount for Q4 2024?
The dividend amount for the fourth quarter of 2024 is $0.76 per share.
When will the dividend be paid?
The dividend is scheduled to be paid on December 20, 2024, to shareholders of record as of December 6, 2024.
How does GLPI manage its properties?
GLPI employs triple-net lease arrangements, where tenants handle all operational costs including maintenance, insurance, and taxes associated with the properties.
Who can I contact for investor inquiries?
Matthew Demchyk, Chief Investment Officer, is the primary contact for investor-related questions and concerns.
What was last year's dividend rate for the fourth quarter?
Last year's dividend for Q4 was $0.73 per share, showcasing steady growth in shareholder returns.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.