LXP vs PLD: Which Is the Better Dividend Stock?
As of Oct 19, 2026, PLD (Prologis, Inc.) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. LXP offers the higher yield at 4.59%, PLD has the higher dividend-safety score, and LXP looks like the better value (its fair-value estimate is 30% below its share price).
Key facts: LXP vs PLD
Data as of · Source: SmarterDividends data
- As of Oct 19, 2026, LXP Industrial Trust (LXP) has the higher forward dividend yield at 4.59%, versus 3.40% for Prologis, Inc. (PLD).
- As of Oct 19, 2026, SmarterDividends grades LXP's dividend safety C (63/100) and PLD's B (78/100).
- By SmarterDividends' count as of Oct 19, 2026, LXP has raised its dividend for 6 consecutive years and PLD for 12.
- As of Oct 19, 2026, LXP pays out 275% of its earnings as dividends and PLD pays out 92%.
- As of Oct 19, 2026, LXP's fair-value estimate is 30% below its share price and PLD's fair-value estimate is 38% below its share price, so LXP looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "LXP vs PLD: Dividend Yield, Safety & Value Compared," updated Oct 19, 2026, https://smarterdividends.com/compare/lxp-vs-pld
| Metric | LXP | PLD |
|---|---|---|
| Forward yield | 4.59% | 3.40% |
| Annual dividend | $2.80 | $4.28 |
| Payout ratio | 275% | 92% |
| Years of growth | 6 yr | 12 yr |
| 5-yr dividend growth | 5.2% | 11.7% |
| 5-yr total return | -19% | -17% |
| Dividend safety score | 63 (C) | 78 (B) |
| Fair value estimate | $42.60 | $77.96 |
| Upside to fair value | -30% | -38% |
| Frequency | quarterly | quarterly |
| Market cap | $3.6B | $122.2B |
| P/E ratio | 60.5 | 27.7 |
Higher yield
LXP
4.59%
Safer dividend
PLD
Grade B
Faster growth
PLD
11.7%
Better value
LXP
-30% upside
LXP vs PLD — FAQ
Is LXP or PLD a better dividend stock?
On the data, PLD wins more head-to-head categories (6 vs 2). LXP offers the higher yield (4.59%), 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, LXP or PLD?
LXP has the higher forward dividend yield at 4.59%, versus 3.40% for PLD.
Is LXP or PLD safer?
PLD has the higher dividend-safety score (78/100 vs 63/100), reflecting stronger payout coverage and dividend-growth history.
Is LXP or PLD better value right now?
As of Oct 19, 2026, LXP looks like the better value: its fair-value estimate is 30% below its share price (overvalued). For PLD, its fair-value estimate is 38% below its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.