Prologis (PLD) Rewards Investors With a 10.3% Dividend Hike
PLDPrologis(PLD) Zacks Investment Research·2024-02-24 01:51

Boosting shareholders’ wealth, Prologis, Inc. (PLD) recently announced a 10.3% hike in its quarterly cash dividend to 96 cents per share from 87 cents paid out in the prior quarter. The increased dividend will be paid out on Mar 29 to shareholders of record as of Mar 18, 2024.The latest dividend rate marks an annualized amount of $3.84 per share compared with the prior rate of $3.48. Based on the company’s share price of $133.44 on Feb 22, the latest hike results in a dividend yield of 2.88%.Solid dividend ...