Is there a way to do this quicker?

[Ofnuts]

1. Filters > Generic > Text styling with the big plus that you can recall the values of previous usages. Despite what the name implies, it can be used on non-text layers. It is also a NDE filter, so you can tweak it later
   
2. The old technique: Layers > Text to path, followed by Edit > Stroke path on a new layer