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Dividend Hike and Legal Setback Could Be A Game Changer For Prologis (PLD)
Prologis (PLD) recently approved a 6% dividend hike, increasing its annualized dividend to US$4.28 per common share, payable on March 31, 2026. This comes as the company plans US$3.0 billion to US$4.0 billion in new development starts for 2026, with a growing focus on data centers. Concurrently, Prologis faces significant legal and financial risks from a large-scale legal verdict in California related to a 2021 warehouse fire.