Prologis's latest quarterly dividend of $0.96 per share was on Jun 17, 2024 (ex-date). The annualized dividend distribution of $3.66 per share represents a current dividend yield of 2.98%.
Prologis's dividend yield of 2.98% is below the Real Estate sector, the industry and its peers average. In comparison with its Real Estate sector average of 5.69%, Prologis's dividend yield is 48% lower. The historical 5-year average of PLD's dividend yield is 2.4%, which is lower than the current yield.
Prologis has a history of paying dividends since 1997. Our records of PLD show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 10% since twelve months ago. And with the price of the stock down by 5% from a year ago, the dividend yield has an increase of 16%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Jun 17, 2024 | Jun 28, 2024 | May 9, 2024 | $0.96 | normal |
| Mar 15, 2024 | Mar 29, 2024 | Feb 22, 2024 | $0.96 | normal |
| Dec 15, 2023 | Dec 29, 2023 | Dec 7, 2023 | $0.87 | normal |
| Sep 15, 2023 | Sep 29, 2023 | Sep 6, 2023 | $0.87 | normal |
| Jun 15, 2023 | Jun 30, 2023 | May 4, 2023 | $0.87 | normal |
| Mar 16, 2023 | Mar 31, 2023 | Feb 23, 2023 | $0.87 | normal |
| Dec 16, 2022 | Dec 30, 2022 | Dec 7, 2022 | $0.79 | normal |
| Sep 14, 2022 | Sep 30, 2022 | Sep 1, 2022 | $0.79 | normal |
| Jun 15, 2022 | Jun 30, 2022 | $0.79 | normal | |
| Mar 17, 2022 | Mar 31, 2022 | Feb 24, 2022 | $0.79 | normal |
| Dec 13, 2021 | Dec 31, 2021 | Dec 1, 2021 | $0.63 | normal |
| Sep 16, 2021 | Sep 30, 2021 | Sep 7, 2021 | $0.63 | normal |
| Jun 15, 2021 | Jun 30, 2021 | Apr 29, 2021 | $0.63 | normal |
| Mar 18, 2021 | Mar 31, 2021 | Feb 25, 2021 | $0.63 | normal |
| Dec 17, 2020 | Dec 31, 2020 | Dec 8, 2020 | $0.58 | normal |
| Sep 16, 2020 | Sep 30, 2020 | Sep 4, 2020 | $0.58 | normal |
| Jun 15, 2020 | Jun 30, 2020 | Apr 29, 2020 | $0.58 | normal |
| Mar 13, 2020 | Mar 31, 2020 | Feb 20, 2020 | $0.58 | normal |
| Dec 18, 2019 | Dec 31, 2019 | Dec 5, 2019 | $0.53 | normal |
| Sep 19, 2019 | Sep 30, 2019 | Sep 9, 2019 | $0.53 | normal |
| Jun 12, 2019 | Jun 28, 2019 | May 1, 2019 | $0.53 | normal |
| Mar 14, 2019 | Mar 29, 2019 | Feb 21, 2019 | $0.53 | normal |
| Dec 17, 2018 | Dec 31, 2018 | Dec 6, 2018 | $0.48 | normal |
| Sep 14, 2018 | Sep 28, 2018 | Sep 6, 2018 | $0.48 | normal |
| Jun 13, 2018 | Jun 29, 2018 | May 2, 2018 | $0.48 | normal |
| Mar 14, 2018 | Mar 29, 2018 | Feb 22, 2018 | $0.48 | normal |
| Dec 15, 2017 | Dec 29, 2017 | Dec 7, 2017 | $0.44 | normal |
| Sep 15, 2017 | Sep 29, 2017 | Sep 7, 2017 | $0.44 | normal |
| Jun 12, 2017 | Jun 30, 2017 | May 3, 2017 | $0.44 | normal |
| Mar 13, 2017 | Mar 31, 2017 | Feb 23, 2017 | $0.44 | normal |
| Dec 15, 2016 | Dec 30, 2016 | Dec 1, 2016 | $0.42 | normal |
| Sep 15, 2016 | Sep 30, 2016 | Sep 8, 2016 | $0.42 | normal |
| Jun 9, 2016 | Jun 30, 2016 | $0.42 | normal | |
| Mar 16, 2016 | Mar 31, 2016 | Feb 26, 2016 | $0.42 | normal |
| Dec 11, 2015 | Dec 31, 2015 | Dec 4, 2015 | $0.4 | normal |
| Sep 16, 2015 | Sep 30, 2015 | Jul 21, 2015 | $0.4 | normal |
Prologis's payout ratio of 106.7% is below the Real Estate sector and the industry average. Compared to its Real Estate sector average of 139.2%, Prologis's payout ratio is 23% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PLD Prologis Inc | 2.98% | $3.66 | 106.7% |
| HPP Hudson Pacific Properties Inc | 1.74% | $0.1 | N/A |
Yes, Prologis has paid four dividends in the last twelve months. PLD has been paying dividends since 1997.
PLD hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in September 2024.
Prologis's last regular dividend was on Jun 17, 2024 (ex-date) with the amount of $0.96 per share.
On an annual basis PLD pays $3.66 per share.
The current dividend yield of Prologis is 2.98%.
Prologis has a quarterly dividend frequency.
The dividend payout ratio of Prologis is 106.7%.
Prologis's dividend yield is lower than the Real Estate sector average.