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Prologis Declares Quarterly Dividends and Announces Results from Stockholder Meeting

SAN FRANCISCO, May 4, 2016 /PRNewswire/ -- The Board of Directors of Prologis, Inc. PLD, +1.06% declared a regular cash dividend for the quarter ending June 30, 2016 on the following securities:

  • A dividend of $0.42 per share of the company's common stock, which will be payable on June 30, 2016 to common stockholders of record at the close of business on June 13, 2016; and
  • A dividend of $1.0675 per share on the company's 8.54% Series Q Cumulative Redeemable Preferred Stock, which will be payable on June 30, 2016 to Series Q stockholders of record at the close of business on June 17, 2016.

Annual Meeting Results

At the company's 2016 annual stockholder meeting, three proposals were approved: the election of directors to serve until the next annual meeting and until their successors are duly elected and qualified; the advisory vote for the company's executive compensation for 2015; and the ratification of the appointment of KPMG LLP as the company's independent registered public accounting firm for the year 2016.

The stockholders of Prologis, Inc. elected Hamid R. Moghadam (chairman), George L. Fotiades, Christine N. Garvey, Lydia H. Kennard, J. Michael Losh, Irving F. Lyons III, David P. O'Connor, Jeffrey L. Skelton, Carl B. Webb and William D. Zollars as directors of the company.

About Prologis

Prologis, Inc., is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. As of March 31, 2016, the company owned or had investments in, on a wholly owned basis or through co-investment...


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