Investor Relations

Dividend Policy

Prologis' Board set a projected annual common share dividend level for 2011 of $0.45 per share. The actual quarterly dividends payable will be determined by ProLogis’ Board based upon the circumstances prevailing at the time of authorization, and the actual dividend payable may vary from such expected amount.

Issue Details

Common Stock

CUSIP Number: 743410102

Preferred Stock

Series C 8.54% Cumulative Redeemable Preferred
CUSIP Number: 743410409
Issued: 1996
Traded: OTC
Distribution: $4.27 per share per annum, payable on or about the last business day of March, June, September and December
Liquidation preference: $50 per share
Optional redemption: At ProLogis’ option after 11/13/26 with 30 day notice or at anytime to preserve the company’s status as a REIT

Series F 6.75% Cumulative Redeemable Preferred
CUSIP Number: 743410706
Issued: 2003
Traded: NYSE
Distribution: $1.6875 per share per annum, payable on or about the last business day of March, June, September and December
Liquidation preference: $25 per share
Optional redemption: At ProLogis’ option after 11/28/08 with 30 day notice or at anytime to preserve the company’s status as a REIT

Series G 6.75% Cumulative Redeemable Preferred
CUSIP Number: 743410805
Issued: 2003
Traded: NYSE
Distribution: $1.6875 per share per annum, payable on or about the last business day of March, June, September and December
Liquidation preference: $25 per share
Optional redemption: At ProLogis’ option after 12/30/08 with 30 day notice or at anytime to preserve the company’s status as a REIT

Preferred Stock Ratings
Moody’s Baa3
S&P BB
Fitch BB+
Composite BB+