MRP vs PLD: Which Is the Better Dividend Stock?
As of Nov 9, 2026, PLD (Prologis, Inc.) screens as the stronger dividend stock, winning 3 of 5 head-to-head metrics. MRP offers the higher yield at 12.19%, PLD has the higher dividend-safety score, and MRP looks like the better value (its fair-value estimate is 150% above its share price).
Key facts: MRP vs PLD
Data as of · Source: SmarterDividends data
- As of Nov 9, 2026, Millrose Properties, Inc. (MRP) has the higher forward dividend yield at 12.19%, versus 3.37% for Prologis, Inc. (PLD).
- By SmarterDividends' count as of Nov 9, 2026, MRP has raised its dividend for 0 consecutive years and PLD for 12.
- As of Nov 9, 2026, MRP pays out 102% of its earnings as dividends and PLD pays out 93%.
- As of Nov 9, 2026, MRP's fair-value estimate is 150% above its share price and PLD's fair-value estimate is 64% below its share price, so MRP looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "MRP vs PLD: Dividend Yield, Safety & Value Compared," updated Nov 9, 2026, https://smarterdividends.com/compare/mrp-vs-pld
| Metric | MRP | PLD |
|---|---|---|
| Forward yield | 12.19% | 3.37% |
| Annual dividend | $3.16 | $4.28 |
| Payout ratio | 102% | 93% |
| Years of growth | 0 yr | 12 yr |
| 5-yr dividend growth | — | 11.7% |
| 5-yr total return | — | -16% |
| Dividend safety score | — | 78 (B) |
| Fair value estimate | $64.77 | $46.30 |
| Upside to fair value | +150% | -64% |
| Frequency | quarterly | quarterly |
| Market cap | $4.3B | $123.4B |
| P/E ratio | 8.6 | 28.0 |
Higher yield
MRP
12.19%
Safer dividend
PLD
Grade B
Faster growth
PLD
11.7%
Better value
MRP
+150% upside
MRP vs PLD — FAQ
Is MRP or PLD a better dividend stock?
On the data, PLD wins more head-to-head categories (3 vs 2). MRP offers the higher yield (12.19%), 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, MRP or PLD?
MRP has the higher forward dividend yield at 12.19%, versus 3.37% for PLD.
Is MRP or PLD safer?
Compare each stock's payout ratio, growth streak and cut history on its detail page to judge safety.
Is MRP or PLD better value right now?
As of Nov 9, 2026, MRP looks like the better value: its fair-value estimate is 150% above its share price (undervalued). For PLD, its fair-value estimate is 64% below its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.