Prologis hikes dividend by 9.1% Dividendhike.com | Dividend News and Statistics for US Equities

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

Prologis hikes dividend by 9.1%

Thursday 22 February 2018

Prologis (PLD) will raise its quarterly dividend by 9.1 percent to $0.48 per share in the first quarter of 2018. Last year the REIT hiked its dividend by 4.8 percent. The new dividend yield for PLD is 3.2%.

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.

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