SmarterDividends

BFS vs PLD: Which Is the Better Dividend Stock?

As of Oct 18, 2026, PLD (Prologis, Inc.) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. BFS offers the higher yield at 8.00%, PLD has the higher dividend-safety score, and BFS looks like the better value (its fair-value estimate is 100% above its share price).

Key facts: BFS vs PLD

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Saul Centers, Inc. (BFS) has the higher forward dividend yield at 8.00%, versus 3.40% for Prologis, Inc. (PLD).
  • As of Oct 18, 2026, SmarterDividends grades BFS's dividend safety B (67/100) and PLD's B (78/100).
  • By SmarterDividends' count as of Oct 18, 2026, BFS has raised its dividend for 0 consecutive years and PLD for 12.
  • As of Oct 18, 2026, BFS pays out 241% of its earnings as dividends and PLD pays out 92%.
  • As of Oct 18, 2026, BFS's fair-value estimate is 100% above its share price and PLD's fair-value estimate is 38% below its share price, so BFS looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "BFS vs PLD: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/bfs-vs-pld

MetricBFSPLD
Forward yield8.00%3.40%
Annual dividend$2.36$4.28
Payout ratio241%92%
Years of growth0 yr12 yr
5-yr dividend growth2.2%11.7%
5-yr total return-40%-17%
Dividend safety score67 (B)78 (B)
Fair value estimate$59.09$77.96
Upside to fair value+100%-38%
Frequencyquarterlyquarterly
Market cap$1.0B$122.2B
P/E ratio30.127.7

Higher yield

BFS

8.00%

Safer dividend

PLD

Grade B

Faster growth

PLD

11.7%

Better value

BFS

+100% upside

BFS vs PLD — FAQ

Is BFS or PLD a better dividend stock?

On the data, PLD wins more head-to-head categories (6 vs 2). BFS offers the higher yield (8.00%), while PLD has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, BFS or PLD?

BFS has the higher forward dividend yield at 8.00%, versus 3.40% for PLD.

Is BFS or PLD safer?

PLD has the higher dividend-safety score (78/100 vs 67/100), reflecting stronger payout coverage and dividend-growth history.

Is BFS or PLD better value right now?

As of Oct 18, 2026, BFS looks like the better value: its fair-value estimate is 100% above its share price (undervalued). For PLD, its fair-value estimate is 38% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.