SmarterDividends

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

MetricPLDWELL
Forward yield3.22%1.47%
Annual dividend$4.28$3.40
Payout ratio93%133%
Years of growth12 yr2 yr
5-yr dividend growth11.7%0.9%
5-yr total return-8%188%
Dividend safety score78 (B)66 (B)
Fair value estimate$77.11$93.23
Upside to fair value-42%-60%
Frequencyquarterlyquarterly
Market cap$128.7B$167.9B
P/E ratio29.7104.5

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.

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