O vs PLD: Which Is the Better Dividend Stock?
As of Oct 19, 2026, O and PLD are closely matched. O offers the higher yield at 5.81%, O has the higher dividend-safety score, and O looks like the better value (its fair-value estimate is 6% below its share price).
Key facts: O vs PLD
Data as of · Source: SmarterDividends data
- As of Oct 19, 2026, Realty Income Corporation (O) has the higher forward dividend yield at 5.81%, versus 3.40% for Prologis, Inc. (PLD).
- As of Oct 19, 2026, SmarterDividends grades O's dividend safety A (85/100) and PLD's B (78/100).
- By SmarterDividends' count as of Oct 19, 2026, O has raised its dividend for 30 consecutive years and PLD for 12.
- As of Oct 19, 2026, O pays out 235% of its earnings as dividends and PLD pays out 92%.
- As of Oct 19, 2026, O's fair-value estimate is 6% below its share price and PLD's fair-value estimate is 38% below its share price, so O looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "O vs PLD: Dividend Yield, Safety & Value Compared," updated Oct 19, 2026, https://smarterdividends.com/compare/o-vs-pld
| Metric | O | PLD |
|---|---|---|
| Forward yield | 5.81% | 3.40% |
| Annual dividend | $3.26 | $4.28 |
| Payout ratio | 235% | 92% |
| Years of growth | 30 yr | 12 yr |
| 5-yr dividend growth | 3.5% | 11.7% |
| 5-yr total return | -17% | -17% |
| Dividend safety score | 85 (A) | 78 (B) |
| Fair value estimate | $52.48 | $77.96 |
| Upside to fair value | -6% | -38% |
| Frequency | monthly | quarterly |
| Market cap | $53.1B | $122.2B |
| P/E ratio | 40.6 | 27.7 |
Higher yield
O
5.81%
Safer dividend
O
Grade A
Faster growth
PLD
11.7%
Better value
O
-6% upside
O vs PLD — FAQ
Is O or PLD a better dividend stock?
O and PLD are closely matched. O has the higher yield; O scores better on safety.
Which has a higher dividend yield, O or PLD?
O has the higher forward dividend yield at 5.81%, versus 3.40% for PLD.
Is O or PLD safer?
O has the higher dividend-safety score (85/100 vs 78/100), reflecting stronger payout coverage and dividend-growth history.
Is O or PLD better value right now?
As of Oct 19, 2026, O looks like the better value: its fair-value estimate is 6% below its share price (fairly valued). For PLD, its fair-value estimate is 38% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.