PLD vs REG: Which Is the Better Dividend Stock?
As of Nov 12, 2026, PLD and REG are closely matched. REG offers the higher yield at 4.20%, PLD has the higher dividend-safety score, and REG looks like the better value (its fair-value estimate is 35% below its share price).
Key facts: PLD vs REG
Data as of · Source: SmarterDividends data
- As of Nov 12, 2026, Regency Centers Corporation (REG) has the higher forward dividend yield at 4.20%, versus 3.29% for Prologis, Inc. (PLD).
- As of Nov 12, 2026, SmarterDividends grades PLD's dividend safety B (78/100) and REG's B (78/100).
- By SmarterDividends' count as of Nov 12, 2026, PLD has raised its dividend for 12 consecutive years and REG for 12.
- As of Nov 12, 2026, PLD pays out 93% of its earnings as dividends and REG pays out 108%.
- As of Nov 12, 2026, PLD's fair-value estimate is 64% below its share price and REG's fair-value estimate is 35% below its share price, so REG looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "PLD vs REG: Dividend Yield, Safety & Value Compared," updated Nov 12, 2026, https://smarterdividends.com/compare/pld-vs-reg
| Metric | PLD | REG |
|---|---|---|
| Forward yield | 3.29% | 4.20% |
| Annual dividend | $4.28 | $3.20 |
| Payout ratio | 93% | 108% |
| Years of growth | 12 yr | 12 yr |
| 5-yr dividend growth | 11.7% | 3.8% |
| 5-yr total return | -16% | 8% |
| Dividend safety score | 78 (B) | 78 (B) |
| Fair value estimate | $46.30 | $49.43 |
| Upside to fair value | -64% | -35% |
| Frequency | quarterly | quarterly |
| Market cap | $126.4B | $14.2B |
| P/E ratio | 28.6 | 27.3 |
Higher yield
REG
4.20%
Safer dividend
PLD
Grade B
Faster growth
PLD
11.7%
Better value
REG
-35% upside
PLD vs REG — FAQ
Is PLD or REG a better dividend stock?
PLD and REG are closely matched. REG has the higher yield; PLD scores better on safety.
Which has a higher dividend yield, PLD or REG?
REG has the higher forward dividend yield at 4.20%, versus 3.29% for PLD.
Is PLD or REG safer?
PLD has the higher dividend-safety score (78/100 vs 78/100), reflecting stronger payout coverage and dividend-growth history.
Is PLD or REG better value right now?
As of Nov 12, 2026, REG looks like the better value: its fair-value estimate is 35% below its share price (overvalued). For PLD, its fair-value estimate is 64% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.