NHI vs PLD: Which Is the Better Dividend Stock?
As of Oct 15, 2026, PLD (Prologis, Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. NHI offers the higher yield at 5.73%, PLD has the higher dividend-safety score, and NHI looks like the better value (its fair-value estimate is 10% above its share price).
Key facts: NHI vs PLD
Data as of · Source: SmarterDividends data
- As of Oct 15, 2026, National Health Investors, Inc. (NHI) has the higher forward dividend yield at 5.73%, versus 3.20% for Prologis, Inc. (PLD).
- As of Oct 15, 2026, SmarterDividends grades NHI's dividend safety C (61/100) and PLD's B (78/100).
- By SmarterDividends' count as of Oct 15, 2026, NHI has raised its dividend for 1 consecutive years and PLD for 12.
- As of Oct 15, 2026, NHI pays out 106% of its earnings as dividends and PLD pays out 92%.
- As of Oct 15, 2026, NHI's fair-value estimate is 10% above its share price and PLD's fair-value estimate is 40% below its share price, so NHI looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "NHI vs PLD: Dividend Yield, Safety & Value Compared," updated Oct 15, 2026, https://smarterdividends.com/compare/nhi-vs-pld
| Metric | NHI | PLD |
|---|---|---|
| Forward yield | 5.73% | 3.20% |
| Annual dividend | $3.68 | $4.16 |
| Payout ratio | 106% | 92% |
| Years of growth | 1 yr | 12 yr |
| 5-yr dividend growth | -3.8% | 11.7% |
| 5-yr total return | 21% | -11% |
| Dividend safety score | 61 (C) | 78 (B) |
| Fair value estimate | $72.02 | $77.96 |
| Upside to fair value | +10% | -40% |
| Frequency | quarterly | quarterly |
| Market cap | $3.2B | $126.8B |
| P/E ratio | 18.9 | 29.6 |
Higher yield
NHI
5.73%
Safer dividend
PLD
Grade B
Faster growth
PLD
11.7%
Better value
NHI
+10% upside
NHI vs PLD — FAQ
Is NHI or PLD a better dividend stock?
On the data, PLD wins more head-to-head categories (5 vs 3). NHI offers the higher yield (5.73%), 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, NHI or PLD?
NHI has the higher forward dividend yield at 5.73%, versus 3.20% for PLD.
Is NHI or PLD safer?
PLD has the higher dividend-safety score (78/100 vs 61/100), reflecting stronger payout coverage and dividend-growth history.
Is NHI or PLD better value right now?
As of Oct 15, 2026, NHI looks like the better value: its fair-value estimate is 10% above its share price (fairly valued). For PLD, its fair-value estimate is 40% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.