Prologis As of October 10, 2023 ticker dps (an.) 2024 hike 2023 hike 2022 hike
PLD $3.48 10.1% 25.4% 8.6%
Business yield Hike yrs 5 yr CAGR freq. paid since
Logistics Facilities REIT 3.2% 10 12.6% Quarter 1997

Prologis (PLD) will raise its quarterly dividend by 9.1 percent to $0.36 per share. This comes after a dividend increase of 17.9 percent by the real estate investment trust last year.

Prologis, Inc. is a logistics real estate investment trust (REIT). The company is the owner, manager and developer of logistics and distribution facilities in markets across the Americas, Asia and Europe. Prologis leases modern logistics facilities to a diverse base of customers principally across two major categories: business-to-business and retail/online fulfillment. The company's biggest customers include Amazon, DHL, Geodis, XPOLogistics, Home Depot, FedEx, Kühne+Nagel, DSV, UPS and BMW. Prologis became a public company in 1997 and has paid a dividend to shareholders every year since.