Trailing Dividend / Share
$3.74
Prologis, Inc. (PLD) Dividend History
Income profile from 1997 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
2.6%
Payout Ratio
95.7%
At Risk
Dividend Streak
12 years
3-Second Income Check
Safety
95.7% payout ratio with at risk safety profile.
Consistency
12 straight years of dividend increases.
Income Trend
Yield on cost is 4.2% and trend is rising.
Dividend Scorecard
Yield & Income
Dividend Yield2.6%
Trailing DPS$3.74
FrequencyAnnual
Payments / 12M5
Payout Safety
Earnings Payout95.7%
Earnings SafetyAt Risk
FCF Payout68.9%
FCF SafetyAdequate
Piotroski F-Score5/9
Growth
Growth Streak12 years
3Y CAGR8.5%
5Y CAGR11.7%
Yield on Cost (5Y)4.2%
YOC Trendrising
Total Returns
Buyback Yield0.0%
Total Shareholder Yield2.6%
1Y Total Return18.3%
5Y Total Return60.5%
Div Contribution (5Y)17.1%
Estimated $10K growth (return + dividends):
5Y ago$16,05310Y ago$44,04820Y ago$34,157
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
Income Growth Story
Dividend per share and yield on cost over time (30 years of payments)
Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Prologis, Inc. distributes 95.7% of earnings as dividends (At Risk). When measured against free cash flow—a stricter test—the payout ratio stands at 68.9%, rated "Adequate".
Piotroski F-Score: 5/9 — moderate financial health.
Growth Track Record
PLD has raised its dividend for 12 consecutive years, with a 3-year CAGR of 8.5% and 5-year CAGR of 11.7%.
Total Shareholder Returns
Beyond cash dividends, PLD returns capital through share repurchases. The combined picture: 2.6% dividend yield, 0.0% buyback yield, 2.6% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 4.2% and is currently rising. The 5-year total return is 60.5%, with dividends contributing 17.1% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $44,048 today.
Elevated payout ratio — dividend sustainability should be monitored closely.
Recent Dividend Payments
Last 20 payments · Annual
TTM Total$17.48
Avg/Payment$0.8740
Latest Change+5.9%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Mar 17, 2026Latest | $1.0700 | ↑ +5.9% | 2.88% | Mar 31, 2026 |
| Dec 16, 2025 | $1.0100 | — | 3.17% | Dec 31, 2025 |
| Sep 16, 2025 | $1.0100 | — | 3.50% | Sep 30, 2025 |
| Jun 17, 2025 | $1.0100 | — | 3.75% | Jun 30, 2025 |
| Mar 18, 2025 | $1.0100 | ↑ +5.2% | 3.46% | Mar 31, 2025 |
| Dec 16, 2024 | $0.9600 | — | 3.53% | Dec 31, 2024 |
| Sep 16, 2024 | $0.9600 | — | 2.90% | Sep 30, 2024 |
| Jun 17, 2024 | $0.9600 | — | 3.29% | Jun 28, 2024 |
Dividend Peer Comparison
Peer group: Industrial Logistics Warehouse REITs
#6 yield in peer group
Div Yield
2.6%
#6 of 9
Safety
At Risk
95.7% payout
Streak
12Y
11.7% 5Y CAGR
Total Shareholder
2.6%
#5 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
PLDPrologis, Inc. | $132.4B | 2.6% | 95.7% | 12 | At Risk |
EGPEastGroup Properties… | $10.5B | 2.6% | 1.1% | 6 | Sustainable |
REXRRexford Industrial R… | $8.7B | 0.1% | 3.4% | 0 | Sustainable |
FRFirst Industrial Rea… | $8.4B | 2.3% | 67.3% | 13 | Watch |
2nd STAGSTAG Industrial, Inc… | $7.3B | 3.9% | — | 2 | Unknown |
TRNOTerreno Realty Corpo… | $6.8B | 3.0% | — | 15 | Unknown |
3rd GRP-UNGranite Real Estate … | $3.9B | 3.7% | 57.6% | 4 | Sustainable |
LXPLXP Industrial Trust | $2.9B | 0.6% | — | 0 | Unknown |
1st PLYMPlymouth Industrial … | $979M | 4.4% | 31.3% | 1 | Sustainable |
Annual Dividend History
30 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $1.07 | — | 1 | — | — | — | 1.1% |
| 2025 | $4.04 | 5.2% | 4 | — | — | — | 4.2% |
| 2024 | $3.84 | 10.3% | 4 | $4.01 | 95.8% | 1.04x | 4.0% |
| 2023 | $3.48 | 10.1% | 4 | $3.29 | 105.8% | 0.95x | 3.6% |
| 2022 | $3.16 | 25.4% | 4 | $4.13 | 76.5% | 1.31x | 3.3% |
| 2021 | $2.52 | 8.6% | 4 | $3.84 | 65.6% | 1.52x | 2.6% |
| 2020 | $2.32 | 9.4% | 4 | $1.95 | 119.0% | 0.84x | 2.4% |
| 2019 | $2.12 | 10.4% | 4 | $2.40 | 88.3% | 1.13x | 2.2% |
| 2018 | $1.92 | 9.1% | 4 | $2.79 | 68.8% | 1.45x | 2.0% |
| 2017 | $1.76 | 4.8% | 4 | $3.06 | 57.5% | 1.74x | 1.8% |
See PLD's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonFrequently Asked Questions
How much dividend does PLD pay per share?
Prologis, Inc. (PLD) pays a trailing 12-month dividend of $3.74 per share, with a current dividend yield of +2.6%. Payments are made Annual.
When is PLD's next ex-dividend date?
PLD's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. PLD typically pays dividends Annual.
Is PLD's dividend safe?
PLD's dividend safety is rated "At Risk" based on an earnings payout ratio of +95.7% and FCF payout ratio of +68.9%. With 12 consecutive years of dividend growth, the track record supports sustainability.
Is PLD a Dividend Achiever?
Yes, Prologis, Inc. is classified as a Dividend Achiever with 12 consecutive years of dividend increases. The 5-year dividend CAGR is +11.7%, demonstrating above-inflation dividend growth.
How often does PLD pay dividends?
Prologis, Inc. pays dividends Annual. The trailing 12-month total is $3.74 per share. Dividend data on this page covers 29+ years from 1997 to 2026.
How much would $10,000 invested in PLD grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in PLD five years ago would be worth approximately $16,053 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is PLD's yield on cost for long-term holders?
PLD's yield on cost — the current dividend divided by the original purchase price — is +4.2% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +2.6% market yield, thanks to consistent dividend growth.