Prologis, Inc.
PLDReal Estate · Stock · quarterly payer
Forward Yield
3.13%
Annual Dividend
$4.28
Payout Ratio
93%
5-Yr Growth
11.7%
Ex-Date
Sep 16, 2026
Frequency
Quarterly
Summary
As of September 2026, Prologis, Inc. (PLD) yields 3.13% ($4.28 per share annually), with a blended fair-value estimate of $65.95 — -53% 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 3.13% ($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
- 3.13%
- Payout Ratio
- 93%
- Annual Dividend
- $4.28
- 5-Yr Avg Growth
- 11.7%
- Ex-Dividend Date
- Sep 16, 2026
- Years of Growth
- 12
- Frequency
- quarterly
- Beta
- 1.32
- Market Cap
- $134.5B
- P/E Ratio
- 30.4
- 5-Yr Total Return
- 12%
- 52-Week Range
- $110.51 – $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
+23%
3 Years
+25%
5 Years
+12%
52-Week Range
$110.51 – $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 $65.95 per share, versus a market price of $140.70. That implies 53% of downside.
Fair Value
$65.95
Current Price
$140.70
Downside
-53%
Margin of Safety
-113%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 10.9% discount rate (CAPM), 8.2% stage-1 growth, 2.5% terminal growth, $4.46 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
