SAN FRANCISCO, Feb. 20, 2025 — Prologis, Inc.’s (NYSE: PLD) Board of Directors has given the go-ahead to a plan that will increase the company’s annual dividend by 5%, reaching $4.04 per share of common stock.

The board has declared a regular cash dividend for the quarter concluding on March 31, 2025, for the following securities:

• A dividend of $1.01 per share of the company’s common stock, to be paid on March 31, 2025, to common stockholders who are on record at the close of business on March 18, 2025; and
• A dividend of $1.0675 per share of the company’s 8.54% Series Q Cumulative Redeemable Preferred Stock, to be paid on March 31, 2025, to Series Q stockholders who are on record at the close of business on March 18, 2025.

About Prologis
Logistics is the backbone of the world, and Prologis is more than just a leader in the industry – we are the definers. We are responsible for the intelligent infrastructure that drives global commerce by linking the digital and physical worlds. Our ecosystems, ranging from agile supply chains to clean energy solutions, help businesses operate more efficiently, grow sustainably and accelerate their operations. With its unparalleled innovation, scale, and expertise, Prologis is in a class of its own, building what’s next and shaping the future of logistics. To discover more, visit .

FORWARD-LOOKING STATEMENTS
This document contains statements that are not based on historical facts, which are considered forward-looking statements under Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. These statements are predictions that rely on current expectations, estimates, and projections regarding the industries and markets relevant to our operations, as well as the beliefs and assumptions held by management. These types of statements are subject to uncertainties that could significantly affect our financial performance. Terms like “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” and “estimates,” including variations of these terms and similar expressions, are used to identify these forward-looking statements, which are generally distinct from historical facts. All statements that relate to anticipated events, operating performance, or developments that we expect to occur in the future—including statements about rent and occupancy growth, acquisitions and development, contributions and dispositions, general conditions in our operating areas, expectations for new business ventures, our debt, financial position, and capital structure, our ability to generate revenue from co-investment ventures, create new co-investment ventures, and the availability of capital in existing or new co-investment ventures—are considered forward-looking statements. These statements do not guarantee future performance and are subject to certain risks, assumptions, and uncertainties that are hard to predict. While we believe that any expectations reflected in our forward-looking statements are based on reasonable assumptions, we cannot assure that these expectations will be realized; therefore, actual results may significantly differ from those expressed or forecast in these statements. Some factors that could affect outcomes and results include, but are not limited to: (i) local, regional, national, and international economic and political conditions; (ii) fluctuations in global financial markets, interest rates, and foreign currency exchange rates; (iii) increased or unanticipated competition for our properties; (iv) risks related to acquisitions, dispositions, and property development, including integrating operations from major real estate portfolios; (v) maintaining Real Estate Investment Trust status, tax structuring, and changes to income tax laws and rates; (vi) the availability of capital and financing, our debt levels, and our credit ratings; (vii) risks connected to our co-investment ventures, including our ability to form new ventures; (viii) risks of conducting international business, including currency risks; (ix) environmental uncertainties, including the risk of natural disasters; (x) risks related to global pandemics; and (xi) other factors discussed in our reports filed with the Securities and Exchange Commission under “Risk Factors.” We do not have any obligation to update any forward-looking statements in this document unless required by law.

 

SOURCE Prologis, Inc.