Prologis, Inc.
PLDReal Estate · Stock · quarterly payer
Forward Yield
2.86%
Annual Dividend
$4.28
Payout Ratio
93%
5-Yr Growth
11.7%
Ex-Date
Jun 16, 2026
Frequency
Quarterly
Summary
As of July 2026, Prologis, Inc. (PLD) yields 2.86% ($4.28 per share annually), with a blended fair-value estimate of $79.57 — -47% downside, so it screens as overvalued. Dividend safety grade: B (79/100). 12 years of dividend growth.
Is PLD a good dividend stock?
YesPrologis, Inc. (PLD) pays a quarterly dividend yielding 2.86% ($4.28/yr), with 12 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 12 consecutive years of dividend growth
- Strong 11.7% 5-yr dividend growth
Risks
- Cut its dividend in 2009
- Elevated payout ratio (93%)
Key Data
- Dividend Yield
- 2.86%
- Payout Ratio
- 93%
- Annual Dividend
- $4.28
- 5-Yr Avg Growth
- 11.7%
- Ex-Dividend Date
- Jun 16, 2026
- Years of Growth
- 12
- Frequency
- quarterly
- Beta
- 1.34
- Market Cap
- $140.7B
- P/E Ratio
- 32.8
- 5-Yr Total Return
- 11%
- 52-Week Range
- $103.41 – $153.35
- Dividend Safety
- B · 79/100
- Ever Cut?
- Yes (2009)
Frequently Asked Questions
PLD Price — Last 12 Months
Daily close
Price Return
1 Year
+32%
3 Years
+21%
5 Years
+11%
52-Week Range
$103.41 – $153.35
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is PLD worth?
Overvaluedlow confidenceOur blended fair-value estimate for Prologis, Inc. is $79.57 per share, versus a market price of $149.79. That implies 47% of downside.
Fair Value
$79.57
Current Price
$149.79
Downside
-47%
Margin of Safety
-88%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 9.3% discount rate (CAPM), 7.4% stage-1 growth, 2.5% terminal growth, $4.49 EPS, $4.28 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
PLD Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 16, 2026 | — | $1.0700 | regular |
| Mar 17, 2026 | — | $1.0700 | regular |
| Dec 16, 2025 | — | $1.0100 | regular |
| Sep 16, 2025 | — | $1.0100 | regular |
| Jun 17, 2025 | — | $1.0100 | regular |
| Mar 18, 2025 | — | $1.0100 | regular |
| Dec 16, 2024 | — | $0.9600 | regular |
| Sep 16, 2024 | — | $0.9600 | regular |
| Jun 17, 2024 | — | $0.9600 | regular |
| Mar 15, 2024 | — | $0.9600 | regular |
| Dec 15, 2023 | — | $0.8700 | regular |
| Sep 15, 2023 | — | $0.8700 | regular |
| Jun 15, 2023 | — | $0.8700 | regular |
| Mar 16, 2023 | — | $0.8700 | regular |
Income Calculator
At $4.28 / yr per share
