MPT 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. MPT offers the higher yield at 11.96%, PLD has the higher dividend-safety score, and MPT looks like the better value (its fair-value estimate is 16% above its share price).
Key facts: MPT vs PLD
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Medical Properties Trust, Inc. (MPT) has the higher forward dividend yield at 11.96%, versus 3.40% for Prologis, Inc. (PLD).
- As of Oct 18, 2026, SmarterDividends grades MPT's dividend safety D (43/100) and PLD's B (78/100).
- By SmarterDividends' count as of Oct 18, 2026, MPT has raised its dividend for 0 consecutive years and PLD for 12.
- As of Oct 18, 2026, MPT's fair-value estimate is 16% above its share price and PLD's fair-value estimate is 38% below its share price, so MPT looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "MPT vs PLD: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/mpt-vs-pld
| Metric | MPT | PLD |
|---|---|---|
| Forward yield | 11.96% | 3.40% |
| Annual dividend | $0.36 | $4.28 |
| Payout ratio | 1055% | 92% |
| Years of growth | 0 yr | 12 yr |
| 5-yr dividend growth | -21.1% | 11.7% |
| 5-yr total return | -86% | -17% |
| Dividend safety score | 43 (D) | 78 (B) |
| Fair value estimate | $3.49 | $77.96 |
| Upside to fair value | +16% | -38% |
| Frequency | quarterly | quarterly |
| Market cap | $1.8B | $122.2B |
| P/E ratio | — | 27.7 |
Higher yield
MPT
11.96%
Safer dividend
PLD
Grade B
Faster growth
PLD
11.7%
Better value
MPT
+16% upside
MPT vs PLD — FAQ
Is MPT or PLD a better dividend stock?
On the data, PLD wins more head-to-head categories (6 vs 2). MPT offers the higher yield (11.96%), 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, MPT or PLD?
MPT has the higher forward dividend yield at 11.96%, versus 3.40% for PLD.
Is MPT or PLD safer?
PLD has the higher dividend-safety score (78/100 vs 43/100), reflecting stronger payout coverage and dividend-growth history.
Is MPT or PLD better value right now?
As of Oct 18, 2026, MPT looks like the better value: its fair-value estimate is 16% above its share price (undervalued). 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.