PLD vs TWO-PC: Which Is the Better Dividend Stock?
As of Oct 8, 2026, PLD (Prologis, Inc.) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. TWO-PC offers the higher yield at 9.14%, PLD has the higher dividend-safety score, and TWO-PC looks like the better value (its fair-value estimate is 16% above its share price).
Key facts: PLD vs TWO-PC
Data as of · Source: SmarterDividends data
- As of Oct 8, 2026, Two Harbors Investment Corp. (TWO-PC) has the higher forward dividend yield at 9.14%, versus 3.36% for Prologis, Inc. (PLD).
- As of Oct 8, 2026, SmarterDividends grades PLD's dividend safety B (78/100) and TWO-PC's D (45/100).
- By SmarterDividends' count as of Oct 8, 2026, PLD has raised its dividend for 12 consecutive years and TWO-PC for 1.
- As of Oct 8, 2026, PLD's fair-value estimate is 38% below its share price and TWO-PC's fair-value estimate is 16% above its share price, so TWO-PC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "PLD vs TWO-PC: Dividend Yield, Safety & Value Compared," updated Oct 8, 2026, https://smarterdividends.com/compare/pld-vs-two-pc
| Metric | PLD | TWO-PC |
|---|---|---|
| Forward yield | 3.36% | 9.14% |
| Annual dividend | $4.28 | $2.32 |
| Payout ratio | 92% | — |
| Years of growth | 12 yr | 1 yr |
| 5-yr dividend growth | 11.7% | 4.6% |
| 5-yr total return | -11% | 1% |
| Dividend safety score | 78 (B) | 45 (D) |
| Fair value estimate | $78.36 | $29.33 |
| Upside to fair value | -38% | +16% |
| Frequency | quarterly | quarterly |
| Market cap | $123.7B | — |
| P/E ratio | 28.6 | 7.0 |
Higher yield
TWO-PC
9.14%
Safer dividend
PLD
Grade B
Faster growth
PLD
11.7%
Better value
TWO-PC
+16% upside
PLD vs TWO-PC — FAQ
Is PLD or TWO-PC a better dividend stock?
On the data, PLD wins more head-to-head categories (4 vs 3). TWO-PC offers the higher yield (9.14%), 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-PC?
TWO-PC has the higher forward dividend yield at 9.14%, versus 3.36% for PLD.
Is PLD or TWO-PC safer?
PLD has the higher dividend-safety score (78/100 vs 45/100), reflecting stronger payout coverage and dividend-growth history.
Is PLD or TWO-PC better value right now?
As of Oct 8, 2026, TWO-PC looks like the better value: its fair-value estimate is 16% above its share price (undervalued). For PLD, its fair-value estimate is 38% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.


