ESBA vs PLD: Which Is the Better Dividend Stock?
As of Oct 18, 2026, PLD (Prologis, Inc.) screens as the stronger dividend stock, winning 8 of 8 head-to-head metrics. PLD offers the higher yield at 3.40%, PLD has the higher dividend-safety score, and PLD looks like the better value (its fair-value estimate is 38% below its share price).
Key facts: ESBA vs PLD
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Prologis, Inc. (PLD) has the higher forward dividend yield at 3.40%, versus 3.04% for Empire State Realty OP, L.P. (ESBA).
- As of Oct 18, 2026, SmarterDividends grades ESBA's dividend safety D (40/100) and PLD's B (78/100).
- By SmarterDividends' count as of Oct 18, 2026, ESBA has raised its dividend for 0 consecutive years and PLD for 12.
- As of Oct 18, 2026, ESBA's fair-value estimate is 61% below its share price and PLD's fair-value estimate is 38% below its share price, so PLD looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "ESBA vs PLD: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/esba-vs-pld
| Metric | ESBA | PLD |
|---|---|---|
| Forward yield | 3.04% | 3.40% |
| Annual dividend | $0.14 | $4.28 |
| Payout ratio | 700% | 92% |
| Years of growth | 0 yr | 12 yr |
| 5-yr dividend growth | -19.7% | 11.7% |
| 5-yr total return | -50% | -17% |
| Dividend safety score | 40 (D) | 78 (B) |
| Fair value estimate | $1.79 | $77.96 |
| Upside to fair value | -61% | -38% |
| Frequency | quarterly | quarterly |
| Market cap | $1.3B | $122.2B |
| P/E ratio | 230.0 | 27.7 |
Higher yield
PLD
3.40%
Safer dividend
PLD
Grade B
Faster growth
PLD
11.7%
Better value
PLD
-38% upside
ESBA vs PLD — FAQ
Is ESBA or PLD a better dividend stock?
On the data, PLD wins more head-to-head categories (8 vs 0). PLD offers the higher yield (3.40%), 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, ESBA or PLD?
PLD has the higher forward dividend yield at 3.40%, versus 3.04% for ESBA.
Is ESBA or PLD safer?
PLD has the higher dividend-safety score (78/100 vs 40/100), reflecting stronger payout coverage and dividend-growth history.
Is ESBA or PLD better value right now?
As of Oct 18, 2026, PLD looks like the better value: its fair-value estimate is 38% below its share price (overvalued). For ESBA, its fair-value estimate is 61% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.