Prologis dividend history

Prologis paid $3.76bn in dividends in fiscal 2025. That was 113.1% of net income.

Dividends, buybacks and capital spending

Dividends (TTM): $4B
Diluted share count: +0.5%; year over year
Total shareholder yield: 3.2%; dividends 3.2% + buybacks 0.0% of market value
Dividend payout ratio: 93%; of net income paid out

Dividends by fiscal year

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Prologis: dividends by fiscal year, annual
Fiscal year	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMSept 2026
Dividends paid	893	943	1,123	1,346	1,723	1,873	2,495	3,229	3,570	3,765	3,964
Share buybacks	—	—	0	0	35	0	0	—	—	—	—
Dividends ÷ net income	73.8%	57.1%	68.1%	85.5%	116.3%	63.7%	74.1%	105.5%	95.7%	113.1%	93.1%
Dividends ÷ free cash flow	67.9%	59.8%	65.7%	59.4%	58.7%	62.5%	60.5%	60.1%	72.7%	75.2%	71.4%

Dividend per share is the amount declared for the fiscal year as stated in the company's filings (including any special dividend), restated for stock splits and checked against the cash dividends paid. Dividends paid and buybacks are cash amounts; the last-twelve-months column can include an extra payment when a quarter-end date moves.

Recent dividend announcements

September 2, 2026 Prologis Declares Quarterly Dividend Source

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Figures from Prologis's SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Prologis.