PLD vs RWT: Which Is the Better Dividend Stock?
As of Oct 27, 2026, PLD (Prologis, Inc.) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. RWT offers the higher yield at 22.29%, PLD has the higher dividend-safety score, and RWT looks like the better value (its fair-value estimate is 202% above its share price).
Key facts: PLD vs RWT
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Redwood Trust, Inc. (RWT) has the higher forward dividend yield at 22.29%, versus 3.39% for Prologis, Inc. (PLD).
- As of Oct 27, 2026, SmarterDividends grades PLD's dividend safety B (78/100) and RWT's D (42/100).
- By SmarterDividends' count as of Oct 27, 2026, PLD has raised its dividend for 12 consecutive years and RWT for 1.
- As of Oct 27, 2026, PLD pays out 92% of its earnings as dividends and RWT pays out 329%.
- As of Oct 27, 2026, PLD's fair-value estimate is 40% below its share price and RWT's fair-value estimate is 202% above its share price, so RWT looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "PLD vs RWT: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/pld-vs-rwt
| Metric | PLD | RWT |
|---|---|---|
| Forward yield | 3.39% | 22.29% |
| Annual dividend | $4.28 | $0.72 |
| Payout ratio | 92% | 329% |
| Years of growth | 12 yr | 1 yr |
| 5-yr dividend growth | 11.7% | 5.9% |
| 5-yr total return | -16% | -75% |
| Dividend safety score | 78 (B) | 42 (D) |
| Fair value estimate | $76.31 | $9.76 |
| Upside to fair value | -40% | +202% |
| Frequency | quarterly | quarterly |
| Market cap | $122.8B | $405.7M |
| P/E ratio | 28.1 | — |
Higher yield
RWT
22.29%
Safer dividend
PLD
Grade B
Faster growth
PLD
11.7%
Better value
RWT
+202% upside
PLD vs RWT — FAQ
Is PLD or RWT a better dividend stock?
On the data, PLD wins more head-to-head categories (6 vs 2). RWT offers the higher yield (22.29%), 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, PLD or RWT?
RWT has the higher forward dividend yield at 22.29%, versus 3.39% for PLD.
Is PLD or RWT safer?
PLD has the higher dividend-safety score (78/100 vs 42/100), reflecting stronger payout coverage and dividend-growth history.
Is PLD or RWT better value right now?
As of Oct 27, 2026, RWT looks like the better value: its fair-value estimate is 202% above its share price (undervalued). 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.