Prologis: Overvalued Common And Preferred Shares
PLDPrologis(PLD) Seeking Alpha·2024-01-16 13:03

Tim Allen Prologis, Inc. (NYSE:PLD), formed in 1997 and headquartered in San Francisco, CA, is currently the largest REIT by market capitalization and focuses on the ownership, development, and management of logistics facilities located in 19 countries across four continents. The company's operating performance, along with its solvency profile and widely diversified portfolio makes the business very attractive. However, the shares are trading at a large premium and the dividend yield is too low. In this pos ...