Prologis Board Increases Quarterly Common Stock Dividend by 5%
Prologis, Inc. has announced a 5% increase in its annualized dividend for its common stock shareholders. This decision, made by the company’s Board of Directors, will result in a dividend of $4.04 per share of common stock. The approval includes a regular cash dividend for the quarter ending March 31, 2025.
The dividend for the company’s common stock will be $1.01 per share, payable on March 31, 2025, to shareholders of record as of March 18, 2025. Additionally, there will be a dividend of $1.0675 per share of the company’s 8.54% Series Q Cumulative Redeemable Preferred Stock, also payable on March 31, 2025, to Series Q stockholders of record as of March 18, 2025.
Prologis, a leading figure in the logistics industry, takes pride in not just being a player in the field but shaping and defining it. The company is dedicated to creating intelligent infrastructure that drives global commerce, bridging the gap between the digital and physical worlds seamlessly. Their ecosystems contribute to agile supply chains, sustainable growth, and smart operational solutions for businesses worldwide. Prologis sets itself apart with its unparalleled scale, innovation, and expertise, charting the course for the future of logistics and laying the foundation for what comes next.
In accordance with this announcement, the company issued forward-looking statements that outline their anticipated financial performance and market expectations. These statements are based on current industry insights, market assessments, and managerial viewpoints. Prologis acknowledges the uncertainties that may affect their financial outcomes and strives to maintain transparency regarding their operational forecasts. Words such as “expects,” “anticipates,” and “plans” are used to identify forward-looking statements, aiming to provide insights into future operational developments.
The company’s statements encompass predictions on rent and occupancy growth, acquisition and development activities, overall market conditions, and expectations for new business ventures. While Prologis believes these predictions are grounded in reasonable assumptions, they caution that actual results may deviate from the forward-looking statements due to unforeseen risks and uncertainties. Factors such as economic and political climates, financial market dynamics, and competition in the industry may impact the company’s future performance and results.
Overall, Prologis’ commitment to excellence in the logistics sector is evident in their strategic decisions, such as the recent increase in dividends for common stockholders. As a pioneer in the industry, the company continues to set benchmarks for operational efficiency, sustainability, and growth, staying ahead of the curve and driving innovation in the logistics landscape.
