This Top Dividend Stock Is Growing More Optimistic About What's Ahead
Prologis(PLD) The Motley Fool·2024-10-17 18:19
Prologis' accelerating earnings growth bodes well for its ability to continue increasing its dividend at a brisk pace.Prologis (PLD 4.60%) has done a magnificent job paying dividends over the years. The leading industrial real estate investment trust (REIT) has increased its payout every year for over a decade. It's grown at a 13% compound annual rate over the last five years, more than double the rate of the S&P 500 (5%) and other REITs (5%). The industrial REIT is in an excellent position to continue incr ...