PLD vs WPC: Which Is the Better Dividend Stock?
As of Nov 2, 2026, PLD (Prologis, Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. WPC offers the higher yield at 5.93%, PLD has the higher dividend-safety score, and WPC looks like the better value (its fair-value estimate is 13% above its share price).
Key facts: PLD vs WPC
Data as of · Source: SmarterDividends data
- As of Nov 2, 2026, W. P. Carey Inc. (WPC) has the higher forward dividend yield at 5.93%, versus 3.34% for Prologis, Inc. (PLD).
- As of Nov 2, 2026, SmarterDividends grades PLD's dividend safety B (78/100) and WPC's C (52/100).
- By SmarterDividends' count as of Nov 2, 2026, PLD has raised its dividend for 12 consecutive years and WPC for 1.
- As of Nov 2, 2026, PLD pays out 93% of its earnings as dividends and WPC pays out 130%.
- As of Nov 2, 2026, PLD's fair-value estimate is 40% below its share price and WPC's fair-value estimate is 13% above its share price, so WPC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "PLD vs WPC: Dividend Yield, Safety & Value Compared," updated Nov 2, 2026, https://smarterdividends.com/compare/pld-vs-wpc
| Metric | PLD | WPC |
|---|---|---|
| Forward yield | 3.34% | 5.93% |
| Annual dividend | $4.28 | $3.80 |
| Payout ratio | 93% | 130% |
| Years of growth | 12 yr | 1 yr |
| 5-yr dividend growth | 11.7% | -2.4% |
| 5-yr total return | -15% | -14% |
| Dividend safety score | 78 (B) | 52 (C) |
| Fair value estimate | $76.31 | $72.71 |
| Upside to fair value | -40% | +13% |
| Frequency | quarterly | quarterly |
| Market cap | $124.4B | $14.8B |
| P/E ratio | 28.2 | 22.3 |
Higher yield
WPC
5.93%
Safer dividend
PLD
Grade B
Faster growth
PLD
11.7%
Better value
WPC
+13% upside
PLD vs WPC — FAQ
Is PLD or WPC a better dividend stock?
On the data, PLD wins more head-to-head categories (5 vs 3). WPC offers the higher yield (5.93%), 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 WPC?
WPC has the higher forward dividend yield at 5.93%, versus 3.34% for PLD.
Is PLD or WPC safer?
PLD has the higher dividend-safety score (78/100 vs 52/100), reflecting stronger payout coverage and dividend-growth history.
Is PLD or WPC better value right now?
As of Nov 2, 2026, WPC looks like the better value: its fair-value estimate is 13% above its share price (fairly valued). 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.