MDV vs PLD: Which Is the Better Dividend Stock?
As of Nov 5, 2026, PLD (Prologis, Inc.) screens as the stronger dividend stock, winning 4 of 6 head-to-head metrics. MDV offers the higher yield at 6.59%, PLD has the higher dividend-safety score, and MDV looks like the better value (its fair-value estimate is 52% above its share price).
Key facts: MDV vs PLD
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Modiv Industrial Inc (MDV) has the higher forward dividend yield at 6.59%, versus 3.26% for Prologis, Inc. (PLD).
- As of Nov 5, 2026, SmarterDividends grades MDV's dividend safety C (59/100) and PLD's B (78/100).
- By SmarterDividends' count as of Nov 5, 2026, MDV has raised its dividend for 2 consecutive years and PLD for 12.
- As of Nov 5, 2026, MDV pays out 460% of its earnings as dividends and PLD pays out 93%.
- As of Nov 5, 2026, MDV's fair-value estimate is 52% above its share price and PLD's fair-value estimate is 41% below its share price, so MDV looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "MDV vs PLD: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/mdv-vs-pld
| Metric | MDV | PLD |
|---|---|---|
| Forward yield | 6.59% | 3.26% |
| Annual dividend | $1.20 | $4.28 |
| Payout ratio | 460% | 93% |
| Years of growth | 2 yr | 12 yr |
| 5-yr dividend growth | — | 11.7% |
| 5-yr total return | — | -15% |
| Dividend safety score | 59 (C) | 78 (B) |
| Fair value estimate | $27.49 | $76.31 |
| Upside to fair value | +52% | -41% |
| Frequency | monthly | quarterly |
| Market cap | $215.1M | $126.2B |
| P/E ratio | 50.1 | 28.6 |
Higher yield
MDV
6.59%
Safer dividend
PLD
Grade B
Faster growth
PLD
11.7%
Better value
MDV
+52% upside
MDV vs PLD — FAQ
Is MDV or PLD a better dividend stock?
On the data, PLD wins more head-to-head categories (4 vs 2). MDV offers the higher yield (6.59%), 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, MDV or PLD?
MDV has the higher forward dividend yield at 6.59%, versus 3.26% for PLD.
Is MDV or PLD safer?
PLD has the higher dividend-safety score (78/100 vs 59/100), reflecting stronger payout coverage and dividend-growth history.
Is MDV or PLD better value right now?
As of Nov 5, 2026, MDV looks like the better value: its fair-value estimate is 52% above its share price (undervalued). For PLD, its fair-value estimate is 41% below its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.