CBL vs PLD: Which Is the Better Dividend Stock?
As of Nov 9, 2026, CBL (CBL & Associates Properties, Inc.) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. CBL offers the higher yield at 5.28%, PLD has the higher dividend-safety score, and CBL looks like the better value (its fair-value estimate is 26% below its share price).
Key facts: CBL vs PLD
Data as of · Source: SmarterDividends data
- As of Nov 9, 2026, CBL & Associates Properties, Inc. (CBL) has the higher forward dividend yield at 5.28%, versus 3.37% for Prologis, Inc. (PLD).
- As of Nov 9, 2026, SmarterDividends grades CBL's dividend safety C (50/100) and PLD's B (78/100).
- By SmarterDividends' count as of Nov 9, 2026, CBL has raised its dividend for 3 consecutive years and PLD for 12.
- As of Nov 9, 2026, CBL pays out 29% of its earnings as dividends and PLD pays out 93%.
- As of Nov 9, 2026, CBL's fair-value estimate is 26% below its share price and PLD's fair-value estimate is 64% below its share price, so CBL looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CBL vs PLD: Dividend Yield, Safety & Value Compared," updated Nov 9, 2026, https://smarterdividends.com/compare/cbl-vs-pld
| Metric | CBL | PLD |
|---|---|---|
| Forward yield | 5.28% | 3.37% |
| Annual dividend | $2.50 | $4.28 |
| Payout ratio | 29% | 93% |
| Years of growth | 3 yr | 12 yr |
| 5-yr dividend growth | — | 11.7% |
| 5-yr total return | 53% | -16% |
| Dividend safety score | 50 (C) | 78 (B) |
| Fair value estimate | $35.16 | $46.30 |
| Upside to fair value | -26% | -64% |
| Frequency | quarterly | quarterly |
| Market cap | $1.5B | $123.4B |
| P/E ratio | 9.7 | 28.0 |
Higher yield
CBL
5.28%
Safer dividend
PLD
Grade B
Faster growth
PLD
11.7%
Better value
CBL
-26% upside
CBL vs PLD — FAQ
Is CBL or PLD a better dividend stock?
On the data, CBL wins more head-to-head categories (4 vs 3). CBL offers the higher yield (5.28%), 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, CBL or PLD?
CBL has the higher forward dividend yield at 5.28%, versus 3.37% for PLD.
Is CBL or PLD safer?
PLD has the higher dividend-safety score (78/100 vs 50/100), reflecting stronger payout coverage and dividend-growth history.
Is CBL or PLD better value right now?
As of Nov 9, 2026, CBL looks like the better value: its fair-value estimate is 26% below its share price (overvalued). For PLD, its fair-value estimate is 64% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.