PLD vs TWO: Which Is the Better Dividend Stock?
As of Oct 27, 2026, PLD (Prologis, Inc.) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. TWO offers the higher yield at 11.17%, PLD has the higher dividend-safety score, and TWO looks like the better value (its fair-value estimate is 146% above its share price).
Key facts: PLD vs TWO
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Two Harbors Investment Corp (TWO) has the higher forward dividend yield at 11.17%, versus 3.39% for Prologis, Inc. (PLD).
- As of Oct 27, 2026, SmarterDividends grades PLD's dividend safety B (78/100) and TWO's D (40/100).
- By SmarterDividends' count as of Oct 27, 2026, PLD has raised its dividend for 12 consecutive years and TWO for 0.
- As of Oct 27, 2026, PLD pays out 92% of its earnings as dividends and TWO pays out 76%.
- As of Oct 27, 2026, PLD's fair-value estimate is 40% below its share price and TWO's fair-value estimate is 146% above its share price, so TWO looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "PLD vs TWO: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/pld-vs-two
| Metric | PLD | TWO |
|---|---|---|
| Forward yield | 3.39% | 11.17% |
| Annual dividend | $4.28 | $1.36 |
| Payout ratio | 92% | 76% |
| Years of growth | 12 yr | 0 yr |
| 5-yr dividend growth | 11.7% | -4.0% |
| 5-yr total return | -16% | — |
| Dividend safety score | 78 (B) | 40 (D) |
| Fair value estimate | $76.31 | $30.00 |
| Upside to fair value | -40% | +146% |
| Frequency | quarterly | quarterly |
| Market cap | $122.8B | $1.3B |
| P/E ratio | 28.1 | — |
Higher yield
TWO
11.17%
Safer dividend
PLD
Grade B
Faster growth
PLD
11.7%
Better value
TWO
+146% upside
PLD vs TWO — FAQ
Is PLD or TWO a better dividend stock?
On the data, PLD wins more head-to-head categories (4 vs 3). TWO offers the higher yield (11.17%), 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 TWO?
TWO has the higher forward dividend yield at 11.17%, versus 3.39% for PLD.
Is PLD or TWO safer?
PLD has the higher dividend-safety score (78/100 vs 40/100), reflecting stronger payout coverage and dividend-growth history.
Is PLD or TWO better value right now?
As of Oct 27, 2026, TWO looks like the better value: its fair-value estimate is 146% 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.