SmarterDividends

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

MetricPLDTWO-PC
Forward yield3.36%9.14%
Annual dividend$4.28$2.32
Payout ratio92%—
Years of growth12 yr1 yr
5-yr dividend growth11.7%4.6%
5-yr total return-11%1%
Dividend safety score78 (B)45 (D)
Fair value estimate$78.36$29.33
Upside to fair value-38%+16%
Frequencyquarterlyquarterly
Market cap$123.7B—
P/E ratio28.67.0

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.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.