PLD announces the sale of data center development to HMC Capital in Chicago.
In 2025, dividend investors need to focus on stocks that can thrive even in uncertain markets. Look for companies with a proven track record of resilience. While many stocks face challenges, the right dividend picks can weather short-term volatility and deliver steady returns for the long haul. In this article, I reveal two of my favorite dividend stocks for 2025 - picks that combine growth potential and reliable income for years to come.
In the latest trading session, Prologis (PLD) closed at $113.15, marking a -1.97% move from the previous day.
Prologis (PLD) closed at $116.40 in the latest trading session, marking a +0.48% move from the prior day.
High-risk strategies may grab headlines, but they come with enormous risks that most investors cannot afford. I stick with proven strategies focusing on strong fundamentals, dividend growth, and risk management. My picks include two companies with solid business models, strong balance sheets, and potential for growth. They offer reliable dividends and are positioned to thrive in today's market.
We have been waiting for a lower entry price for Prologis. FFO estimates confirm that we got that part of the thesis correct. The stock is still levitating far higher than what we would expect.
In the most recent trading session, Prologis (PLD) closed at $117.80, indicating a +1.4% shift from the previous trading day.
Prologis (PLD) reachead $113.97 at the closing of the latest trading day, reflecting a -0.5% change compared to its last close.
Prologis offers a compelling investment opportunity with a 3.4% dividend yield, strong balance sheet, and discounted valuation relative to its historical P/FFO. PLD's high-quality industrial properties in prime locations provide strong barriers to entry and align with e-commerce growth trends. It demonstrates robust growth metrics, including high occupancy, strong rent spreads, and a strategic development pipeline, including solar energy initiatives.
Prologis excels in high-demand markets like Southern California and Chicago, providing a strategic edge and stability through top-tier tenants like Amazon and Walmart. Despite no competitive moat, Prologis leverages prime locations and mark-to-market rent potential to drive growth, outperforming the S&P 500 and REIT peers. The company's strong financials, including a 96.2% occupancy rate and robust dividend growth, highlight its resilience and attractiveness for long-term investors.
Prologis' accelerating earnings growth bodes well for its ability to continue increasing its dividend at a brisk pace.
Prologis, Inc. (NYSE:PLD ) Q3 2024 Earnings Conference Call October 16, 2024 12:00 PM ET Company Participants Justin Meng - Senior Vice President, Head of Investor Relations Tim Arndt - Chief Financial Officer Dan Letter - President Chris Caton - Managing Director Conference Call Participants Tom Catherwood - BTIG Vikram Malhotra - Mizuho John Kim - BMO Capital Markets Steve Sakwa - Evercore ISI Michael Goldsmith - UBS Craig Mailman - Citi Caitlin Burrows - Goldman Sachs Vince Tibone - Green Street Ronald Kamdem - Morgan Stanley Blaine Heck - Wells Fargo Nick Thillman - Baird Josh Dennerlein - Bank of America Mike Mueller - JPMorgan Nicholas Yulico - Scotiabank Todd Thomas - KeyBanc Capital Markets Brendan Lynch - Barclays Operator Greetings, and welcome to the Prologis Q3 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.