Breaking News: Prologis Announces Quarterly Dividend!
SAN FRANCISCO, Dec. 4, 2024 /PRNewswire/ — The Board of Directors of Prologis, Inc. (NYSE: PLD) declared a regular cash dividend for the quarter ending December 31, 2024
Prologis, Inc., a leading logistics real estate company, has recently made an exciting announcement that will surely delight its investors. The Board of Directors has declared a regular cash dividend for the quarter ending December 31, 2024. This news has sent ripples of anticipation throughout the financial world, as investors eagerly await the upcoming payout.
Dividend Details
The dividend declaration includes a payout of $0.96 per share of Prologis’ common stock. This dividend will be payable on December 31, 2024, to common stockholders of record as of the close of business on December 16, 2024. 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 December 31, 2024, to Series Q stockholders of record as of December 16, 2024.
Prologis, Inc. is known for its focus on high-barrier, high-growth markets and has established itself as a global leader in logistics real estate. With this quarterly dividend announcement, the company reaffirms its commitment to delivering value to its shareholders.
Effect on Individuals
As an individual investor, the announcement of Prologis’ quarterly dividend can have a direct impact on your investment portfolio. If you are a common stockholder or hold shares of the Series Q Cumulative Redeemable Preferred Stock, you can expect to receive a payout in December 2024. This dividend can provide additional income and contribute to your overall investment returns.
Effect on the World
Prologis’ announcement of a quarterly dividend reflects the company’s strong financial performance and stability in the global logistics real estate market. As a leading player in this industry, Prologis sets a benchmark for other companies and contributes to the overall growth and development of the logistics sector worldwide. The company’s success can also attract investors and boost confidence in the market.
Conclusion
In conclusion, Prologis’ declaration of a quarterly dividend signals a positive outlook for the company and its investors. The consistent payment of dividends underscores Prologis’ financial strength and commitment to delivering value to its shareholders. As we eagerly await the dividend payout in December 2024, it is clear that Prologis continues to lead the way in logistics real estate and contribute to the global economy’s growth.
