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Prologis (PLD) approved a plan to raise the company's annualized dividend to $1.68 per share, representing an increase of 10.5 percent over the 2015 aggregate dividend paid to stockholders. A dividend of $0.42 per share of the company's common stock, representing an increase of 5 percent over the December 2015 quarterly common stock dividend, is payable March 31, 2016, to common stockholders of record at the close of business on March 18, 2016.
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