Prologis (PLD) Raises Quarterly Dividend 5% to $0.42; 4.3% Yield

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Go back to Prologis (PLD) Raises Quarterly Dividend 5% to $0.42; 4.3% Yield

Prologis Board of Directors Approves 10.5 Percent Increase over 2015 Common Stock Dividend

February 26, 2016 3:02 PM EST

SAN FRANCISCO, Feb. 26, 2016 /PRNewswire/ -- The Board of Directors of Prologis, Inc. (NYSE: PLD) today approved a plan to raise the company's annualized dividend to $1.68 per share, representing an increase of 10.5 percent over the 2015 aggregate dividend paid to stockholders. The board declared a regular cash dividend for the quarter ending March 31, 2016, on the following securities:

A dividend of $0.42 per share of the company's common stock, representing an increase of 5 percent over the December 2015 quarterly common stock dividend, payable March 31, 2016, to common stockholders of record at the close of... More