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Prologis, Inc. (PLD)
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The payout ratio for Prologis, Inc. (PLD) stock is 114.85% over the past 12 months. PLD has a payout ratio of 114.8%, based on $4.10 of dividends per share and $3.96 of EPS.

REIT note: for real-estate investment trusts the net-income payout ratio overstates the dividend, because large non-cash depreciation depresses GAAP earnings. REITs are evaluated on FFO / AFFO payout (the industry standard) and on the FCF payout — a payout above 100% here is normal for a REIT and is not, by itself, a sign the dividend is unsafe.

PLD Payout Ratio History

Annual Payout Ratio History

YearEPSDividendPayout Ratio
2025$3.57$4.04113.2%
2024$4.03$3.8495.3%
2023$3.30$3.48105.5%
2022$4.15$3.1676.1%
2021$3.86$2.5265.3%
2020$1.97$2.32117.8%
2019$2.41$2.1288.0%
2018$2.91$1.9266.0%
2017$3.10$1.7656.8%
2016$2.29$1.6873.4%
2015$1.66$1.5291.6%
2014$1.25$1.32105.6%
2013$0.65$1.12172.3%
2012($0.09)$1.12N/A (Loss)
2011($0.41)$1.12N/A (Loss)
2010$0.06$1.121866.7%
2009($0.26)$1.12N/A (Loss)
2008($0.51)$1.56N/A (Loss)
2007$3.04$2.0065.8%
2006$2.39$1.8477.0%
2005$2.98$1.7659.1%
2004$1.44$1.70118.1%
2003$1.44$1.66115.3%
2002$0.75$1.64218.7%
2001$1.43$1.58110.5%
2000$1.35$1.48109.6%
1999$1.94$1.4072.2%
1998$1.27$1.37107.7%
1997$1.39$0.139.6%

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