Prologis, Inc. logo
Prologis, Inc. (PLD)
Compare

PLD Dividends

Prologis, Inc. (PLD) pays $4.10 in dividends per share, with a current dividend yield of 2.81%. The company has dividend history for 12 consecutive years.

PLD Dividend Summary

Consecutive Years

12

Next Ex-Dividend Date

Jun 16, 2026

Next Payment Date

Jun 30, 2026

PLD Dividends per Share (Nominal History)

View full nominal table list

This step chart displays the nominal dividend payouts over time on their actual payment dates, matching the distribution frequency.

PLD Dividends CAGR Chart

Prologis, Inc. (PLD)

Annual Dividend History

YearDividend/ShareYoY Growth
2026(YTD)$2.14
2025$4.04+5.21%
2024$3.84+10.34%
2023$3.48+10.13%
2022$3.16+25.40%
2021$2.52+8.62%
2020$2.32+9.43%
2019$2.12+10.42%
2018$1.92+9.09%
2017$1.76+4.76%
2016$1.68+10.53%
2015$1.52+15.15%
2014$1.32+17.86%
2013$1.12+0.00%
2012$1.12+0.00%
2011$1.12+0.00%
2010$1.12+0.00%
2009$1.12N/A
2008$1.56N/A
2007$2.00+8.70%

Quarterly Dividend History

QuarterDividend/ShareYoY Growth
Q2 2026$1.07+5.94%
Q1 2026$1.07+5.94%
Q4 2025$1.01+5.21%
Q3 2025$1.01+5.21%
Q2 2025$1.01+5.21%
Q1 2025$1.01+5.21%
Q4 2024$0.96+10.34%
Q3 2024$0.96+10.34%
Q2 2024$0.96+10.34%
Q1 2024$0.96+10.34%
Q4 2023$0.87+10.13%
Q3 2023$0.87+10.13%
Q2 2023$0.87+10.13%
Q1 2023$0.87+10.13%
Q4 2022$0.79+25.40%
Q3 2022$0.79+25.40%
Q2 2022$0.79+25.40%
Q1 2022$0.79+25.40%
Q4 2021$0.63+8.62%
Q3 2021$0.63+8.62%
Q2 2021$0.63+8.62%
Q1 2021$0.63+8.62%
Q4 2020$0.58+9.43%
Q3 2020$0.58+9.43%

Dividend Yield Metrics

Current Yield
2.81%
Average Yield (TTM)
2.81%
Average Yield (3Y)
2.60%
Forward Yield on Cost (3Y)
4.51%
Forward Yield on Cost (5Y)
6.18%
Forward Yield on Cost (10Y)
13.57%

Payout Ratio Analysis

Payout Ratio (Current)
114.85%
FCF Payout Ratio
77.17%
Payout Ratio (3Y Avg)
104.64%
Payout Ratio (5Y Avg)
91.07%
FCF Payout (3Y Avg)
69.83%
FCF Payout (5Y Avg)
71.54%

For REITs, the net-income payout ratio overstates sustainability — large non-cash depreciation depresses net income, so it often reads >100%. The FCF payout ratio above (or FFO/AFFO, the REIT-standard basis) is the more meaningful gauge.

Dividend Coverage

Payout Ratio
114.8%
Dividends / net income
FCF Payout Ratio
77.2%
Dividends / free cash flow
Consecutive Years
12 years
Years with regular dividend payments
5Y Dividend Growth
11.7%
Compound annual dividend growth

About Prologis, Inc.

Prologis, Inc. is the undisputed global leader in logistics real estate, strategically focusing its operations on high-barrier, high-growth markets. As of December 31, 2020, the company's extensive portfolio spanned approximately 984 million square feet (91 million square meters) of both existing properties and planned development projects, located across 19 countries. This significant footprint is managed through a blend of wholly-owned assets and co-investment ventures. Prologis leases its contemporary logistics facilities to a diverse client base of roughly 5,500 customers, primarily serving business-to-business (B2B) and retail/online fulfillment needs.

San Francisco, CA
2,703 employees
Real Estate / REIT - Industrial
Sector
Real Estate
Industry
REIT - Industrial
CEO
Daniel Stephen Letter