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First Industrial Realty Trust (FR) Dividend Yield, Date & History

First Industrial Realty Trust logo
$50.73 +1.13 (+2.28%)
(As of 12/20/2024 05:31 PM ET)

First Industrial Realty Trust Dividend Summary

Dividend Yield
2.92%
Annual Dividend
$1.48
Next
Dividend Payment
Jan. 21
Dividend Increase
Track Record
11 Years
Annualized 3-Year
Dividend Growth
8.58%
Dividend Payout Ratio
63.52%

First Industrial Realty Trust (FR) pays an annual dividend of $1.48 per share, with a dividend yield of 2.92%. The next quarterly payment of $0.37 per share is scheduled for Tuesday, January 21, to investors who own the stock before the ex-dividend date of Tuesday, December 31. FR has grown its dividend for 11 consecutive years, with an average annual increase of 2.78%. The company currently pays out 63.52% of its earnings and 45.34% of its cash flow as dividends.

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FR Dividend Payments by Quarter

The chart below displays up to four years of First Industrial Realty Trust's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

FR Dividend Yield Over Time

The chart below tracks First Industrial Realty Trust's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

First Industrial Realty Trust vs. The Competition

Compare First Industrial Realty Trust's annual dividend, yield, and 3-year growth rate with averages for Finance and NYSE companies to evaluate its performance against the market.

TypeFirst Industrial Realty TrustFinance CompaniesNYSE Companies
Annual Dividend$1.48$0.02$1.39
Dividend Yield2.92%10.52%3.58%
Annualized 3-Year Dividend Growth8.58%12.89%15.78%
Track Record11 years17 years24 years

First Industrial Realty Trust Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings63.52%
Based on This Year's Estimate56.27%
Based on Next Year's Estimate51.57%
Based on Cashflow45.34%

First Industrial Realty Trust Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/30/2024Quarterly$0.37 - 2.82%12/31/202412/31/20241/21/2025
8/1/2024quarterly$0.37 - 2.8%9/30/20249/30/202410/21/2024
4/30/2024quarterly$0.37 - 3.2%6/28/20246/28/20247/15/2024
2/7/2024quarterly$0.37+$0.05
15.63%
2.4%3/27/20243/28/20244/15/2024
11/1/2023quarterly$0.32 - 2.9%12/28/202312/29/20231/16/2024
8/3/2023Quarterly$0.32 - 2.5%9/28/20239/29/202310/16/2023
5/3/2023quarterly$0.32 - 2.4%6/29/20236/30/20237/17/2023
2/8/2023quarterly$0.32+$0.0250
8.47%
2.2%3/30/20233/31/20234/17/2023

This table shows First Industrial Realty Trust's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

First Industrial Realty Trust Dividend - Frequently Asked Questions

The current dividend yield for First Industrial Realty Trust is 2.92%. Learn more on FR's dividend yield history.

The annual dividend for FR shares is $1.48. Learn more on FR's annual dividend history.

First Industrial Realty Trust pays quarterly dividends to shareholders.

First Industrial Realty Trust's next quarterly dividend payment of $0.37 per share will be made to shareholders on Tuesday, January 21, 2025.

First Industrial Realty Trust's most recent quarterly dividend payment of $0.37 per share was made to shareholders on Monday, October 21, 2024.

First Industrial Realty Trust's next ex-dividend date is Tuesday, December 31, 2024.

First Industrial Realty Trust's most recent ex-dividend date was Monday, September 30, 2024.

Over the past three years, the company's dividend has grown by an average of 8.58% per year.

First Industrial Realty Trust has increased its dividend for the past 11 consecutive years.

The most recent change in the company's dividend was an increase of $0.05 on Wednesday, February 7, 2024.

The dividend payout ratio for FR is:
  • 63.52% based on the trailing year of earnings
  • 56.27% based on this year's estimates
  • 51.57% based on next year's estimates
  • 45.34% based on cash flow

First Industrial Realty Trust's dividend yield of 2.82% is lower than the average Finance company that issues a dividend. The company's 11 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. First Industrial Realty Trust's dividend payout ratio of 63.52% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate First Industrial Realty Trust stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NYSE:FR) was last updated on 12/21/2024 by MarketBeat.com Staff
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