FR Dividends
First Industrial Realty Trust, Inc. (FR) pays $1.83 in dividends per share, with a current dividend yield of 2.97%. The company has dividend history for 12 consecutive years.
FR Dividend Summary
2.97%
$1.83
71.11%
50.32%
Consecutive Years
12
Next Ex-Dividend Date
Jun 30, 2026
Next Payment Date
Jul 20, 2026
FR Dividends per Share (Nominal History)
View full nominal table listThis step chart displays the nominal dividend payouts over time on their actual payment dates, matching the distribution frequency.
FR Dividends CAGR Chart
First Industrial Realty Trust, Inc. (FR)
Annual Dividend History
| Year | Dividend/Share | YoY Growth |
|---|---|---|
| 2026(YTD) | $1.00 | — |
| 2025 | $1.78 | +20.27% |
| 2024 | $1.48 | +15.62% |
| 2023 | $1.28 | +8.47% |
| 2022 | $1.18 | +9.26% |
| 2021 | $1.08 | +8.00% |
| 2020 | $1.00 | +8.70% |
| 2019 | $0.92 | +5.75% |
| 2018 | $0.87 | +3.57% |
| 2017 | $0.84 | +10.53% |
| 2016 | $0.76 | +49.02% |
| 2015 | $0.51 | +24.54% |
| 2014 | $0.41 | +20.44% |
| 2013 | $0.34 | -85.89% |
| 2008 | $2.41 | -15.44% |
| 2007 | $2.85 | +1.42% |
| 2006 | $2.81 | +0.90% |
| 2005 | $2.79 | +1.27% |
| 2004 | $2.75 | +0.36% |
| 2003 | $2.74 | +0.55% |
Quarterly Dividend History
| Quarter | Dividend/Share | YoY Growth |
|---|---|---|
| Q2 2026 | $0.50 | +12.36% |
| Q1 2026 | $0.50 | +12.36% |
| Q4 2025 | $0.45 | +20.27% |
| Q3 2025 | $0.45 | +20.27% |
| Q2 2025 | $0.45 | +20.27% |
| Q1 2025 | $0.45 | +20.27% |
| Q4 2024 | $0.37 | +15.62% |
| Q3 2024 | $0.37 | +15.62% |
| Q2 2024 | $0.37 | +15.62% |
| Q1 2024 | $0.37 | +15.62% |
| Q4 2023 | $0.32 | +8.47% |
| Q3 2023 | $0.32 | +8.47% |
| Q2 2023 | $0.32 | +8.47% |
| Q1 2023 | $0.32 | +8.47% |
| Q4 2022 | $0.29 | +9.26% |
| Q3 2022 | $0.29 | +9.26% |
| Q2 2022 | $0.29 | +9.26% |
| Q1 2022 | $0.29 | +9.26% |
| Q4 2021 | $0.27 | +8.00% |
| Q3 2021 | $0.27 | +8.00% |
| Q2 2021 | $0.27 | +8.00% |
| Q1 2021 | $0.27 | +8.00% |
| Q4 2020 | $0.25 | +8.70% |
| Q3 2020 | $0.25 | +8.70% |
Dividend Yield Metrics
- Current Yield
- 2.97%
- Average Yield (TTM)
- 2.97%
- Average Yield (3Y)
- 2.45%
- Forward Yield on Cost (3Y)
- 4.89%
- Forward Yield on Cost (5Y)
- 6.83%
- Forward Yield on Cost (10Y)
- 15.70%
Payout Ratio Analysis
- Payout Ratio (Current)
- 71.11%
- FCF Payout Ratio
- 50.32%
- Payout Ratio (3Y Avg)
- 74.98%
- Payout Ratio (5Y Avg)
- 64.00%
- FCF Payout (3Y Avg)
- 254.74%
- FCF Payout (5Y Avg)
- 228.53%
For REITs, the net-income payout ratio overstates sustainability — large non-cash depreciation depresses net income, so it often reads >100%. The FCF payout ratio above (or FFO/AFFO, the REIT-standard basis) is the more meaningful gauge.
Dividend Coverage
About First Industrial Realty Trust, Inc.
First Industrial Realty Trust, Inc. (NYSE: FR) is a preeminent, fully integrated real estate firm specializing in the ownership, operation, and development of industrial properties. The company is recognized for its consistent delivery of market-leading customer service to a diverse clientele, encompassing both global corporations and regional businesses. Operating in significant markets throughout the United States, First Industrial's localized teams skillfully acquire, divest, manage, lease, and either develop new or redevelop existing industrial assets. These assets include large-scale distribution centers, regional logistics facilities, light industrial spaces, and other types of industrial properties. As of September 30, 2020, their combined portfolio of owned and actively developed industrial space amounted to roughly 64.1 million square feet.
- Sector
- Real Estate
- Industry
- REIT - Industrial
- CEO
- Peter E. Baccile