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Prologis, Inc. (NYSE:PLD) is heading toward its recommended $18.8 billion acquisition of SEGRO plc (OTC:SEGXF) with a 68.4% dividend payout against the midpoint of its current 2026 Core FFO guidance. The $1.07 quarterly dividend annualizes to $4.28, while the midpoint of the $6.22 to $6.30 Core FFO range is $6.26.

Shares of SEGRO (OTCMKTS:SEGXF - Get Free Report) have been assigned an average recommendation of "Hold" from the seven research firms that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, one has issued a buy rating and one

Segro PLC (LSE:SGRO) has agreed to a £14 billion takeover by US logistics property group Prologis, bringing one of Britain's largest real estate investment trusts under American control. Under the recommended offer, investors in the FTSE 100 warehouse owner will receive 0.092 Prologis shares for each share they own.

Segro's directors intend to unanimously recommend the offer to shareholders who will be entitled to receive 0.0920 newly issued shares in Prologis for each Segro share held, with a partial cash alternative.

British warehouse ​landlord Segro ‌said on ​Tuesday ​it had agreed ⁠to ​a takeover ​bid from U.S. ​logistics ​firm Prologis worth ‌up ⁠to £14.3 billion ($19.19 billion).