PLD vs WELL: Which Is the Better Dividend Stock?
As of Sep 29, 2026, PLD (Prologis, Inc.) screens as the stronger dividend stock, winning 7 of 8 head-to-head metrics. PLD offers the higher yield at 3.22%, PLD has the higher dividend-safety score, and PLD looks like the better value (its fair-value estimate is 42% below its share price).
Key facts: PLD vs WELL
Data as of · Source: SmarterDividends data
- As of Sep 29, 2026, Prologis, Inc. (PLD) has the higher forward dividend yield at 3.22%, versus 1.47% for Welltower Inc. (WELL).
- As of Sep 29, 2026, SmarterDividends grades PLD's dividend safety B (78/100) and WELL's B (66/100).
- By SmarterDividends' count as of Sep 29, 2026, PLD has raised its dividend for 12 consecutive years and WELL for 2.
- As of Sep 29, 2026, PLD pays out 93% of its earnings as dividends and WELL pays out 133%.
- As of Sep 29, 2026, PLD's fair-value estimate is 42% below its share price and WELL's fair-value estimate is 60% below its share price, so PLD looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "PLD vs WELL: Dividend Yield, Safety & Value Compared," updated Sep 29, 2026, https://smarterdividends.com/compare/pld-vs-well
| Metric | PLD | WELL |
|---|---|---|
| Forward yield | 3.22% | 1.47% |
| Annual dividend | $4.28 | $3.40 |
| Payout ratio | 93% | 133% |
| Years of growth | 12 yr | 2 yr |
| 5-yr dividend growth | 11.7% | 0.9% |
| 5-yr total return | -8% | 188% |
| Dividend safety score | 78 (B) | 66 (B) |
| Fair value estimate | $77.11 | $93.23 |
| Upside to fair value | -42% | -60% |
| Frequency | quarterly | quarterly |
| Market cap | $128.7B | $167.9B |
| P/E ratio | 29.7 | 104.5 |
Higher yield
PLD
3.22%
Safer dividend
PLD
Grade B
Faster growth
PLD
11.7%
Better value
PLD
-42% upside
PLD vs WELL — FAQ
Is PLD or WELL a better dividend stock?
On the data, PLD wins more head-to-head categories (7 vs 1). PLD offers the higher yield (3.22%), 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 WELL?
PLD has the higher forward dividend yield at 3.22%, versus 1.47% for WELL.
Is PLD or WELL safer?
PLD has the higher dividend-safety score (78/100 vs 66/100), reflecting stronger payout coverage and dividend-growth history.
Is PLD or WELL better value right now?
As of Sep 29, 2026, PLD looks like the better value: its fair-value estimate is 42% below its share price (overvalued). For WELL, its fair-value estimate is 60% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.


