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Prologis (PLD) Dividend History & Yield

Dividend Contender

Prologis (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.

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%

Near average — fair value
Yield vs historical averages (same scale)
Now2.83%
1Y · 3.14%
3Y · 3.12%
5Y · 2.71%

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

Historical Dividend Yield

Mean trailing dividend yield using one ratio snapshot per calendar year in each lookback window (same basis as the yearly bars)—not CAGR.Mean yield1Y: 3.14%5Y: 2.71%10Y: 2.75%

Dividend Growth

CAGR (per year)1Y: 5.21%5Y: 11.73%10Y: 10.27%→ Stable

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.

YearPrevious DPSNew DPSChange
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$1.12000.0%
2012$1.1200$1.12000.0%
2011$1.1200$1.12000.0%
2010$1.1200$1.12000.0%
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 yearPeriod endedReportedDividends PaidYoYYoY 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.

CompanyDividends PaidSector
American Tower (AMT)$3.16BReal Estate
Realty Income (O)$2.92BReal Estate
Simon Property Group (SPG)$2.79BReal Estate
Public Storage (PSA)$2.30BReal Estate
Welltower (WELL)$1.88BReal Estate
Equinix (EQIX)$1.86BReal Estate
Digital Realty Trust (DLR)$1.73BReal Estate
Ventas (VTR)$860.06MReal 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.