IRT 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. IRT offers the higher yield at 4.87%, PLD has the higher dividend-safety score, and IRT looks like the better value (its fair-value estimate is 14% above its share price).
Key facts: IRT vs PLD
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Independence Realty Trust, Inc. (IRT) has the higher forward dividend yield at 4.87%, versus 3.40% for Prologis, Inc. (PLD).
- As of Oct 18, 2026, SmarterDividends grades IRT's dividend safety C (51/100) and PLD's B (78/100).
- By SmarterDividends' count as of Oct 18, 2026, IRT has raised its dividend for 4 consecutive years and PLD for 12.
- As of Oct 18, 2026, IRT pays out 383% of its earnings as dividends and PLD pays out 92%.
- As of Oct 18, 2026, IRT's fair-value estimate is 14% above its share price and PLD's fair-value estimate is 38% below its share price, so IRT looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "IRT vs PLD: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/irt-vs-pld
| Metric | IRT | PLD |
|---|---|---|
| Forward yield | 4.87% | 3.40% |
| Annual dividend | $0.72 | $4.28 |
| Payout ratio | 383% | 92% |
| Years of growth | 4 yr | 12 yr |
| 5-yr dividend growth | 4.4% | 11.7% |
| 5-yr total return | -40% | -17% |
| Dividend safety score | 51 (C) | 78 (B) |
| Fair value estimate | $16.77 | $77.96 |
| Upside to fair value | +14% | -38% |
| Frequency | quarterly | quarterly |
| Market cap | $3.6B | $122.2B |
| P/E ratio | 82.1 | 27.7 |
Higher yield
IRT
4.87%
Safer dividend
PLD
Grade B
Faster growth
PLD
11.7%
Better value
IRT
+14% upside
IRT vs PLD — FAQ
Is IRT or PLD a better dividend stock?
On the data, PLD wins more head-to-head categories (6 vs 2). IRT offers the higher yield (4.87%), 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, IRT or PLD?
IRT has the higher forward dividend yield at 4.87%, versus 3.40% for PLD.
Is IRT or PLD safer?
PLD has the higher dividend-safety score (78/100 vs 51/100), reflecting stronger payout coverage and dividend-growth history.
Is IRT or PLD better value right now?
As of Oct 18, 2026, IRT looks like the better value: its fair-value estimate is 14% 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.