PLD vs SKT: Which Is the Better Dividend Stock?
As of Oct 18, 2026, PLD (Prologis, Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. SKT offers the higher yield at 3.53%, PLD has the higher dividend-safety score, and SKT looks like the better value (its fair-value estimate is 31% below its share price).
Key facts: PLD vs SKT
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Tanger Inc. (SKT) has the higher forward dividend yield at 3.53%, versus 3.40% for Prologis, Inc. (PLD).
- As of Oct 18, 2026, SmarterDividends grades PLD's dividend safety B (78/100) and SKT's C (57/100).
- By SmarterDividends' count as of Oct 18, 2026, PLD has raised its dividend for 12 consecutive years and SKT for 4.
- As of Oct 18, 2026, PLD pays out 92% of its earnings as dividends and SKT pays out 109%.
- As of Oct 18, 2026, PLD's fair-value estimate is 38% below its share price and SKT's fair-value estimate is 31% below its share price, so SKT looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "PLD vs SKT: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/pld-vs-skt
| Metric | PLD | SKT |
|---|---|---|
| Forward yield | 3.40% | 3.53% |
| Annual dividend | $4.28 | $1.25 |
| Payout ratio | 92% | 109% |
| Years of growth | 12 yr | 4 yr |
| 5-yr dividend growth | 11.7% | -4.1% |
| 5-yr total return | -17% | 79% |
| Dividend safety score | 78 (B) | 57 (C) |
| Fair value estimate | $77.96 | $24.56 |
| Upside to fair value | -38% | -31% |
| Frequency | quarterly | quarterly |
| Market cap | $122.2B | $4.2B |
| P/E ratio | 27.7 | 32.5 |
Higher yield
SKT
3.53%
Safer dividend
PLD
Grade B
Faster growth
PLD
11.7%
Better value
SKT
-31% upside
PLD vs SKT — FAQ
Is PLD or SKT a better dividend stock?
On the data, PLD wins more head-to-head categories (5 vs 3). SKT offers the higher yield (3.53%), 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 SKT?
SKT has the higher forward dividend yield at 3.53%, versus 3.40% for PLD.
Is PLD or SKT safer?
PLD has the higher dividend-safety score (78/100 vs 57/100), reflecting stronger payout coverage and dividend-growth history.
Is PLD or SKT better value right now?
As of Oct 18, 2026, SKT looks like the better value: its fair-value estimate is 31% below its share price (overvalued). For PLD, its fair-value estimate is 38% below its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.