Prologis (PLD) Raises Quarterly Dividend 10.4% to $0.53; 3% Yield

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Prologis Board of Directors Approves Ten Percent Increase in Quarterly Common Stock Dividend

February 21, 2019 5:15 PM EST

SAN FRANCISCO, Feb. 21, 2019 /PRNewswire/ -- The Board of Directors of Prologis, Inc. (NYSE: PLD) today approved a plan to raise the company's annualized dividend level by ten percent to $2.12 per share of common stock. The board declared a regular cash dividend for the quarter ending March 31, 2019, on the following securities:

A dividend of $0.53 per share of the company's common stock, which will be payable on March 29, 2019, to common stockholders of record at the close of business on March 15, 2019; and A dividend of $1.0675 per share of the company's... More