DLR vs PLD: Which Is the Better Dividend Stock?
As of July 2026, DLR and PLD are closely matched. PLD offers the higher yield at 2.91%, DLR has the higher dividend-safety score, and DLR trades at the larger discount to fair value (-47%).
| Metric | DLR | PLD |
|---|---|---|
| Forward yield | 2.53% | 2.91% |
| Annual dividend | $4.88 | $4.28 |
| Payout ratio | 238% | 93% |
| Years of growth | 0 yr | 12 yr |
| 5-yr dividend growth | 1.7% | 11.7% |
| 5-yr total return | 21% | 10% |
| Dividend safety score | 85 (A) | 79 (B) |
| Fair value estimate | $105.10 | $64.38 |
| Upside to fair value | -47% | -56% |
| Frequency | quarterly | quarterly |
| Market cap | $70.8B | $138.8B |
| P/E ratio | 94.6 | 32.8 |
Higher yield
PLD
2.91%
Safer dividend
DLR
Grade A
Faster growth
PLD
11.7%
Better value
DLR
-47% upside
DLR vs PLD — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.