PLD vs TRTX: 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. TRTX offers the higher yield at 15.36%, PLD has the higher dividend-safety score, and TRTX looks like the better value (its fair-value estimate is 57% above its share price).
Key facts: PLD vs TRTX
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, TPG RE Finance Trust, Inc. (TRTX) has the higher forward dividend yield at 15.36%, versus 3.39% for Prologis, Inc. (PLD).
- As of Oct 27, 2026, SmarterDividends grades PLD's dividend safety B (78/100) and TRTX's D (46/100).
- By SmarterDividends' count as of Oct 27, 2026, PLD has raised its dividend for 12 consecutive years and TRTX for 0.
- As of Oct 27, 2026, PLD pays out 92% of its earnings as dividends and TRTX pays out 175%.
- As of Oct 27, 2026, PLD's fair-value estimate is 40% below its share price and TRTX's fair-value estimate is 57% above its share price, so TRTX looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "PLD vs TRTX: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/pld-vs-trtx
| Metric | PLD | TRTX |
|---|---|---|
| Forward yield | 3.39% | 15.36% |
| Annual dividend | $4.28 | $0.96 |
| Payout ratio | 92% | 175% |
| Years of growth | 12 yr | 0 yr |
| 5-yr dividend growth | 11.7% | -6.1% |
| 5-yr total return | -16% | -49% |
| Dividend safety score | 78 (B) | 46 (D) |
| Fair value estimate | $76.31 | $9.78 |
| Upside to fair value | -40% | +57% |
| Frequency | quarterly | quarterly |
| Market cap | $122.8B | $483.2M |
| P/E ratio | 28.1 | 11.4 |
Higher yield
TRTX
15.36%
Safer dividend
PLD
Grade B
Faster growth
PLD
11.7%
Better value
TRTX
+57% upside
PLD vs TRTX — FAQ
Is PLD or TRTX a better dividend stock?
On the data, PLD wins more head-to-head categories (6 vs 2). TRTX offers the higher yield (15.36%), 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 TRTX?
TRTX has the higher forward dividend yield at 15.36%, versus 3.39% for PLD.
Is PLD or TRTX safer?
PLD has the higher dividend-safety score (78/100 vs 46/100), reflecting stronger payout coverage and dividend-growth history.
Is PLD or TRTX better value right now?
As of Oct 27, 2026, TRTX looks like the better value: its fair-value estimate is 57% above its share price (undervalued). For PLD, its fair-value estimate is 40% below its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.