Prologis Board of Directors Approves 5 Percent Increase in Quarterly Common Stock Dividend
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Prologis, Inc. (NYSE: PLD) has announced a 5% increase in its annualized dividend, raising it to $4.04 per share. The quarterly dividend for common stock is set at $1.01 per share, payable on March 31, 2025, to shareholders of record on March 18, 2025.
February 21, 2025 | 12:15 am
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Prologis has increased its annualized dividend by 5% to $4.04 per share, with a quarterly dividend of $1.01 per share payable on March 31, 2025.
The increase in dividend is a positive signal to investors, indicating confidence in the company's financial health and future cash flows. This is likely to attract income-focused investors, potentially driving up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100