HIW vs PLD: Which Is the Better Dividend Stock?
As of Oct 18, 2026, PLD (Prologis, Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. HIW offers the higher yield at 6.82%, HIW has the higher dividend-safety score, and HIW looks like the better value (its fair-value estimate is 8% above its share price).
Key facts: HIW vs PLD
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Highwoods Properties, Inc. (HIW) has the higher forward dividend yield at 6.82%, versus 3.40% for Prologis, Inc. (PLD).
- As of Oct 18, 2026, SmarterDividends grades HIW's dividend safety A (81/100) and PLD's B (78/100).
- By SmarterDividends' count as of Oct 18, 2026, HIW has raised its dividend for 0 consecutive years and PLD for 12.
- As of Oct 18, 2026, HIW pays out 132% of its earnings as dividends and PLD pays out 92%.
- As of Oct 18, 2026, HIW's fair-value estimate is 8% above its share price and PLD's fair-value estimate is 38% below its share price, so HIW looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HIW vs PLD: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/hiw-vs-pld
| Metric | HIW | PLD |
|---|---|---|
| Forward yield | 6.82% | 3.40% |
| Annual dividend | $2.00 | $4.28 |
| Payout ratio | 132% | 92% |
| Years of growth | 0 yr | 12 yr |
| 5-yr dividend growth | 0.8% | 11.7% |
| 5-yr total return | -32% | -17% |
| Dividend safety score | 81 (A) | 78 (B) |
| Fair value estimate | $31.70 | $77.96 |
| Upside to fair value | +8% | -38% |
| Frequency | quarterly | quarterly |
| Market cap | $3.3B | $122.2B |
| P/E ratio | 19.4 | 27.7 |
Higher yield
HIW
6.82%
Safer dividend
HIW
Grade A
Faster growth
PLD
11.7%
Better value
HIW
+8% upside
HIW vs PLD — FAQ
Is HIW or PLD a better dividend stock?
On the data, PLD wins more head-to-head categories (5 vs 3). HIW offers the higher yield (6.82%), while HIW has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, HIW or PLD?
HIW has the higher forward dividend yield at 6.82%, versus 3.40% for PLD.
Is HIW or PLD safer?
HIW has the higher dividend-safety score (81/100 vs 78/100), reflecting stronger payout coverage and dividend-growth history.
Is HIW or PLD better value right now?
As of Oct 18, 2026, HIW looks like the better value: its fair-value estimate is 8% above its share price (fairly valued). For PLD, its fair-value estimate is 38% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.