Prologis (PLD) Dividend History & Yield
Dividend ContenderPrologis (PLD) has increased its dividend for 13 consecutive years and currently yields 2.83%. The most recent dividend was $1.0700/share on Mar 31, 2026, paid Quarterly.

PLD
Current Yield
2.83%
TTM Dividend/Share
$4.10
Payment Frequency
Quarterly
Payout Ratio
103.5%
Consecutive Growth Years
13 (Dividend Contender)
Div Growth (1Y CAGR)
5.21%
Div Growth (5Y CAGR)
11.73%
Div Growth (10Y CAGR)
10.27%
PLD: compare the "Now" marker to the 1Y / 3Y / 5Y averages on the scale. One valuation signal among many — review fundamentals before investing.
Dividend health
Chowder score
14.6%
FCF payout ratio
21.2%
Net debt / EBITDA
4.4x
Interest coverage
3.40x
ROIC (TTM)
5.3%
Dividend Safety Score
5 out of 8 checks passed
Payout ratio below 75%
Payout ratio is 103.5%, above the 75% threshold.
Free cash flow covers dividend
FCF/share ($5.34) covers dividend/share ($4.10).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
13 consecutive years of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 21.2%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 4.4x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (11.7%) exceeds EPS growth (5.7%) — payout ratio expanding.
Per-payment dividend history
Ex-date Jun 16, 2026
- Payment date
- Jun 30, 2026
- Dividend
- $1.0700
- Adj. dividend
- $1.0700
Ex-date Mar 17, 2026
- Payment date
- Mar 31, 2026
- Dividend
- $1.0700
- Adj. dividend
- $1.0700
Ex-date Dec 16, 2025
- Payment date
- Dec 31, 2025
- Dividend
- $1.0100
- Adj. dividend
- $1.0100
Ex-date Sep 16, 2025
- Payment date
- Sep 30, 2025
- Dividend
- $1.0100
- Adj. dividend
- $1.0100
Ex-date Jun 17, 2025
- Payment date
- Jun 30, 2025
- Dividend
- $1.0100
- Adj. dividend
- $1.0100
Ex-date Mar 18, 2025
- Payment date
- Mar 31, 2025
- Dividend
- $1.0100
- Adj. dividend
- $1.0100
Ex-date Dec 16, 2024
- Payment date
- Dec 31, 2024
- Dividend
- $0.9600
- Adj. dividend
- $0.9600
Ex-date Sep 16, 2024
- Payment date
- Sep 30, 2024
- Dividend
- $0.9600
- Adj. dividend
- $0.9600
Ex-date Jun 17, 2024
- Payment date
- Jun 28, 2024
- Dividend
- $0.9600
- Adj. dividend
- $0.9600
Ex-date Mar 15, 2024
- Payment date
- Mar 29, 2024
- Dividend
- $0.9600
- Adj. dividend
- $0.9600
Ex-date Dec 15, 2023
- Payment date
- Dec 29, 2023
- Dividend
- $0.8700
- Adj. dividend
- $0.8700
Ex-date Sep 15, 2023
- Payment date
- Sep 29, 2023
- Dividend
- $0.8700
- Adj. dividend
- $0.8700
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| Jun 16, 2026 | Jun 30, 2026 | $1.0700 | $1.0700 |
| Mar 17, 2026 | Mar 31, 2026 | $1.0700 | $1.0700 |
| Dec 16, 2025 | Dec 31, 2025 | $1.0100 | $1.0100 |
| Sep 16, 2025 | Sep 30, 2025 | $1.0100 | $1.0100 |
| Jun 17, 2025 | Jun 30, 2025 | $1.0100 | $1.0100 |
| Mar 18, 2025 | Mar 31, 2025 | $1.0100 | $1.0100 |
| Dec 16, 2024 | Dec 31, 2024 | $0.9600 | $0.9600 |
| Sep 16, 2024 | Sep 30, 2024 | $0.9600 | $0.9600 |
| Jun 17, 2024 | Jun 28, 2024 | $0.9600 | $0.9600 |
| Mar 15, 2024 | Mar 29, 2024 | $0.9600 | $0.9600 |
| Dec 15, 2023 | Dec 29, 2023 | $0.8700 | $0.8700 |
| Sep 15, 2023 | Sep 29, 2023 | $0.8700 | $0.8700 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
Prologis has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 13 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $4.0400 | — | — |
| 2025 | $3.8400 | $4.0400 | +5.2% |
| 2024 | $3.4800 | $3.8400 | +10.3% |
| 2023 | $3.1600 | $3.4800 | +10.1% |
| 2022 | $2.5200 | $3.1600 | +25.4% |
| 2021 | $2.3200 | $2.5200 | +8.6% |
| 2020 | $2.1200 | $2.3200 | +9.4% |
| 2019 | $1.9200 | $2.1200 | +10.4% |
| 2018 | $1.7600 | $1.9200 | +9.1% |
| 2017 | $1.6800 | $1.7600 | +4.8% |
| 2016 | $1.5200 | $1.6800 | +10.5% |
| 2015 | $1.3200 | $1.5200 | +15.2% |
| 2014 | $1.1200 | $1.3200 | +17.9% |
| 2013 | $1.1200 | $1.1200 | 0.0% |
| 2012 | $1.1200 | $1.1200 | 0.0% |
| 2011 | $1.1200 | $1.1200 | 0.0% |
| 2010 | $1.1200 | $1.1200 | 0.0% |
| 2009 | $1.5600 | $1.1200 | -28.2% |
| 2008 | $2.0000 | $1.5600 | -22.0% |
| 2007 | $1.8400 | $2.0000 | +8.7% |
| 2006 | $1.7600 | $1.8400 | +4.5% |
| 2005 | $1.7000 | $1.7600 | +3.5% |
| 2004 | $1.6600 | $1.7000 | +2.4% |
| 2003 | $1.6400 | $1.6600 | +1.2% |
| 2002 | $1.5800 | $1.6400 | +3.8% |
| 2001 | $1.4800 | $1.5800 | +6.8% |
| 2000 | $1.4000 | $1.4800 | +5.7% |
| 1999 | $1.3680 | $1.4000 | +2.3% |
| 1998 | — | $1.3680 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Cash dividends paid (USD) — TTM and history
Trailing-twelve-month and annual common dividends paid for Prologis (PLD) from the consolidated cash flow statement, in USD as filed.
Latest period
$3.85B
YoY change
+5.4%
5Y CAGR
+16.9%
Peak year (2025)
$3.76B
Latest annual
$3.76B
Cash dividends paid over time for Prologis (PLD)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for Prologis (PLD)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $3.76B | +5.4% | +$194.26M | ||
| 2024 | $3.57B | +10.6% | +$341.89M | ||
| 2023 | $3.23B | +29.4% | +$733.87M | ||
| 2022 | $2.49B | +33.2% | +$621.86M | ||
| 2021 | $1.87B | +8.7% | +$149.87M | ||
| 2020 | $1.72B | +28.0% | +$377.33M | ||
| 2019 | $1.35B | +19.8% | +$222.29M | ||
| 2018 | $1.12B | +19.1% | +$180.48M | ||
| 2017 | $942.88M | +5.5% | +$49.43M | ||
| 2016 | $893.46M | +11.0% | +$88.76M | ||
| 2015 | $804.70M | +19.7% | +$132.51M | ||
| 2014 | $672.19M | +21.7% | +$120.02M | ||
| 2013 | $552.17M | +6.1% | +$31.92M | ||
| 2012 | $520.25M | +34.4% | +$133.12M | ||
| 2011 | $387.13M | +37.9% | +$106.47M | ||
| 2010 | $280.66M | +96.0% | +$137.49M | ||
| 2009 | $143.17M | -50.0% | -$143.31M | ||
| 2008 | $286.48M | -18.0% | -$62.98M | ||
| 2007 | $349.47M | +100.5% | +$175.20M | ||
| 2006 | $174.27M | +13.1% | +$20.20M | ||
| 2005 | $154.07M | +5.6% | +$8.12M | ||
| 2004 | $145.95M | -4.1% | -$6.29M | ||
| 2003 | $152.24M | -20.3% | -$38.70M | ||
| 2002 | $190.94M | -10.3% | -$22.03M | ||
| 2001 | $212.97M | +63.0% | +$82.29M | ||
| 2000 | $130.68M | -31.9% | -$61.32M | ||
| 1999 | $192.00M | +117.6% | +$103.76M | ||
| 1998 | $88.24M | +437.9% | +$71.83M | ||
| 1997 | $16.40M | — | — |
As of the 2025 fiscal year, Prologis (PLD) reported dividends paid of $3.76B – grew 5.4% year-over-year.
Prologis dividends paid has grown for 16 consecutive years, with a +16.9% compound annual growth rate over 2020–2025 (5 years).
The dataset's maximum dividends paid sits at $3.76B (2025); the minimum reading of $16.40M dates to 1997.
Prologis (PLD) sits 1st of 8 Real Estate peers we track on this metric, against a peer median of $2.09B.
Prologis Dividends Paid 2025: $3.76B
Prologis dividends paid in 2025 was $3.76B, grew 5.4% from 2024. This figure represents the highest annual value in the available history.
Prologis Dividends Paid 2024: $3.57B
Prologis dividends paid in 2024 was $3.57B, grew 10.6% from 2023.
Prologis Dividends Paid 2023: $3.23B
Prologis dividends paid in 2023 was $3.23B, grew 29.4% from 2022.
Prologis Dividends Paid 2022: $2.49B
Prologis dividends paid in 2022 was $2.49B, surged 33.2% from 2021.
Prologis Dividends Paid 2021: $1.87B
Prologis dividends paid in 2021 was $1.87B.
See more financial history for Prologis (PLD).
Sector peers by dividends paid
Companies in the same sector as Prologis, ranked by their latest dividends paid.
| Company | Dividends Paid | Sector |
|---|---|---|
| American Tower (AMT) | $3.16B | Real Estate |
| Realty Income (O) | $2.92B | Real Estate |
| Simon Property Group (SPG) | $2.79B | Real Estate |
| Public Storage (PSA) | $2.30B | Real Estate |
| Welltower (WELL) | $1.88B | Real Estate |
| Equinix (EQIX) | $1.86B | Real Estate |
| Digital Realty Trust (DLR) | $1.73B | Real Estate |
| Ventas (VTR) | $860.06M | Real Estate |
Frequently asked questions
Does Prologis pay dividends?
Yes, Prologis (PLD) pays quarterly dividends of approximately $4.10 per share annually, yielding 2.83%.
What is Prologis's dividend yield?
Prologis (PLD) has a current dividend yield of 2.83%.
Is Prologis's dividend safe?
Prologis (PLD) passes 5 out of 8 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has Prologis increased its dividend?
Prologis (PLD) has 13 consecutive years of dividend increases.
What is Prologis's dividend payout ratio?
Prologis (PLD) has a dividend payout ratio of 103.5%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).
What is Prologis's dividends paid?
Latest reported dividends paid for Prologis (PLD) is $3.85B (period ending March 31, 2026).
How has Prologis dividends paid changed year-over-year?
Prologis (PLD) dividends paid changed +5.4% year-over-year on the latest annual filing.
What is the long-term growth rate of Prologis dividends paid?
Prologis (PLD) dividends paid compound annual growth rate is +16.9% over the most recent 5 years available.
When did Prologis dividends paid hit its highest annual value?
Prologis dividends paid reached its highest annual value of $3.76B in 2025.
What was Prologis dividends paid in 2024?
Prologis (PLD) dividends paid in 2024 was $3.57B.
What was Prologis dividends paid in 2025?
Prologis (PLD) dividends paid in 2025 was $3.76B.
Explore more
PLD Overview
Company profile, financial tools, and key metrics
PLD Revenue Counter
Earns $283.75 every second. See per minute, hour, and day.
PLD Earnings Counter
Earns $117.87 per second net profit. See per minute, hour, and day.
PLD Economic Scale
Exceeds New Caledonia's GDP. Compare with world economies.
PLD What If Invested
What if you had invested $1,000? See historical returns from any date.
PLD How It Makes Money
Discover visual breakdown of $8.95B in revenue — where it comes from and where it goes.
PLD Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
PLD Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
PLD Daily Price Character
Balanced · 51.3% historical win rate (green days). Streaks & record days.
PLD Buybacks
0.04% TTM buyback yield. Shareholder yield & SBC comparison.
PLD Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
PLD Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.
PLD Dividend Capture
Historical pre-ex touch stats, gap distribution, after-tax calculator, and a backtest simulator (limit-order vs MOC exit).
PLD Financials
Revenue, EPS, EBITDA, market cap, debt and balance sheet history with annual and quarterly data.