Gaming and Leisure Properties: Cheap REIT With A 6% Yield And Good Return Potential

Dividend Collection AgencyInvesting GroupFollow5ShareSavePlay(9min)Comment(1)SummaryGaming and Leisure Properties offers a 6.6% yield, trades below peers, and is positioned for double-digit total returns by 2026.GLPI delivered strong Q4 results, with AFFO at the top of guidance and a robust $3B acquisition pipeline expected to drive 5% AFFO growth in 2026.Balance sheet deleveraging continues, with net debt/EBITDA at 4.6x and ample liquidity to fund acquisitions without excessive leverage.GLPI's tenant concentration and macro risks may keep shares rangebound, but its recession-resistant model and covered dividend make it attractive for income-focused investors.Looking for more investing ideas like this one? Get them exclusively at iREIT®+HOYA Capital. Learn More »Nico De Pasquale Photography/DigitalVision via Getty Images Introduction When it comes to Gaming and Leisure Properties, Inc. (GLPI), I feel as though the REIT doesn't get enough credit. Going forward, I think this may change as they've been busy making acquisitionsThis article was written byDividend Collection Agency8.71K FollowersFollowFormerly known as "The Dividend Collectuh." Top 1% of financial experts on TipRanks. Contributing analyst to the iREIT+Hoya Capital investment group.

Dividend Collection Agency is not a registered investment professional nor financial advisor and these articles should not be taken as financial advice. This is for educational purposes only and I encourage everyone to do their own due diligence. I'm a Navy veteran who enjoys dividend investing in quality blue-chip stocks, BDC's, and REITs. I am a buy-and-hold investor who prefers quality over quantity and plans to supplement his retirement income and live off dividends in the next 5-7 years. I aspire to reach and help the hard working, lower and middle class workers build investment portfolios of high quality, dividend-paying companies. I also hope to give investors a new perspective to help them reach financial independence.Analyst’s Disclosure: I/we have a beneficial long position in the shares of VICI either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.