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Prologis Board of Directors Approves 5 Percent Increase in Quarterly Common Stock Dividend
PLDPrologis(PLD) Prnewswire·2025-02-21 00:00

Summary of Prologis, Inc. News Core Viewpoint - Prologis, Inc. has announced a 5% increase in its annualized dividend to 4.04pershareofcommonstock,reflectingthecompanyscommitmenttoreturningvaluetoshareholders[1].CompanyOverviewPrologisisaleaderinthelogisticsindustry,focusingoncreatingintelligentinfrastructurethatsupportsglobalcommercebyconnectingdigitalandphysicalworlds[1].Thecompanyemphasizesagilesupplychainsandcleanenergysolutions,aimingtoenhancebusinessoperationsandpromotesustainablegrowth[1].DividendDetailsAcashdividendof4.04 per share of common stock, reflecting the company's commitment to returning value to shareholders [1]. Company Overview - Prologis is a leader in the logistics industry, focusing on creating intelligent infrastructure that supports global commerce by connecting digital and physical worlds [1]. - The company emphasizes agile supply chains and clean energy solutions, aiming to enhance business operations and promote sustainable growth [1]. Dividend Details - A cash dividend of 1.01 per share for common stock will be payable on March 31, 2025, to stockholders of record as of March 18, 2025 [4]. - Additionally, a dividend of $1.0675 per share for the 8.54% Series Q Cumulative Redeemable Preferred Stock will also be payable on March 31, 2025, to Series Q stockholders of record on the same date [4].