FRT vs PLD: Which Is the Better Dividend Stock?
As of Nov 8, 2026, FRT (Federal Realty Investment Trust) screens as the stronger dividend stock, winning 7 of 8 head-to-head metrics. FRT offers the higher yield at 4.12%, FRT has the higher dividend-safety score, and FRT looks like the better value (its fair-value estimate is 44% below its share price).
Key facts: FRT vs PLD
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, Federal Realty Investment Trust (FRT) has the higher forward dividend yield at 4.12%, versus 3.37% for Prologis, Inc. (PLD).
- As of Nov 8, 2026, SmarterDividends grades FRT's dividend safety A (82/100) and PLD's B (78/100).
- By SmarterDividends' count as of Nov 8, 2026, FRT has raised its dividend for 18 consecutive years and PLD for 12.
- As of Nov 8, 2026, FRT pays out 91% of its earnings as dividends and PLD pays out 93%.
- As of Nov 8, 2026, FRT's fair-value estimate is 44% below its share price and PLD's fair-value estimate is 64% below its share price, so FRT looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "FRT vs PLD: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/frt-vs-pld
| Metric | FRT | PLD |
|---|---|---|
| Forward yield | 4.12% | 3.37% |
| Annual dividend | $4.64 | $4.28 |
| Payout ratio | 91% | 93% |
| Years of growth | 18 yr | 12 yr |
| 5-yr dividend growth | 1.0% | 11.7% |
| 5-yr total return | -8% | -16% |
| Dividend safety score | 82 (A) | 78 (B) |
| Fair value estimate | $62.89 | $46.30 |
| Upside to fair value | -44% | -64% |
| Frequency | quarterly | quarterly |
| Market cap | $9.7B | $123.4B |
| P/E ratio | 22.5 | 28.0 |
Higher yield
FRT
4.12%
Safer dividend
FRT
Grade A
Faster growth
PLD
11.7%
Better value
FRT
-44% upside
FRT vs PLD — FAQ
Is FRT or PLD a better dividend stock?
On the data, FRT wins more head-to-head categories (7 vs 1). FRT offers the higher yield (4.12%), while FRT has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, FRT or PLD?
FRT has the higher forward dividend yield at 4.12%, versus 3.37% for PLD.
Is FRT or PLD safer?
FRT has the higher dividend-safety score (82/100 vs 78/100), reflecting stronger payout coverage and dividend-growth history.
Is FRT or PLD better value right now?
As of Nov 8, 2026, FRT looks like the better value: its fair-value estimate is 44% 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.