First Industrial Realty Trust, Inc. (FR) Dividend Payout Ratio: 71.11%
Is First Industrial Realty Trust, Inc.’s dividend payout ratio high or low?
First Industrial Realty Trust, Inc.'s dividend payout ratio of 71.11% is 13% above its 5-year average of 62.73%, around the middle of its 5-year range (39.01%–99.46%).
As of Saturday, June 20, 2026. 18.37% below its 12-month average of 87.12%.
Dividend Payout Ratio (71.11%) = TTM Dividends/Share ($1.83) / TTM EPS ($2.58)
FR Dividend Payout Ratio Chart
FR Average Dividend Payout Ratio Chart
FR Current vs Average Dividend Payout Ratio Chart
FR Dividend Payout Ratio Metrics
DIVIDEND PAYOUT RATIO
71.11%
DIVIDEND PAYOUT RATIO AVG TTM
87.12%
DIVIDEND PAYOUT RATIO AVG 3Y
70.53%
DIVIDEND PAYOUT RATIO AVG 5Y
58.88%
DIVIDEND PAYOUT RATIO AVG 10Y
62.33%
DIVIDEND PAYOUT RATIO AVG 15Y
66.47%
DIVIDEND PAYOUT RATIO AVG 20Y
75.07%
CURRENT VS TTM AVG
-18.37%
CURRENT VS 3Y AVG
+0.82%
CURRENT VS 5Y AVG
+20.79%
CURRENT VS 10Y AVG
+14.09%
CURRENT VS 15Y AVG
+6.99%
CURRENT VS 20Y AVG
-5.27%
Annual Payout Ratio History
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $1.87 | $1.78 | 95.2% |
| 2024 | $2.17 | $1.48 | 68.2% |
| 2023 | $2.08 | $1.28 | 61.5% |
| 2022 | $2.72 | $1.18 | 43.4% |
| 2021 | $2.09 | $1.08 | 51.7% |
| 2020 | $1.53 | $1.00 | 65.4% |
| 2019 | $1.89 | $0.92 | 48.7% |
| 2018 | $1.31 | $0.87 | 66.4% |
| 2017 | $1.70 | $0.84 | 49.4% |
| 2016 | $1.05 | $0.76 | 72.4% |
| 2015 | $0.67 | $0.51 | 76.1% |
| 2014 | $0.42 | $0.41 | 97.5% |
| 2013 | $0.24 | $0.34 | 141.7% |
| 2012 | ($0.24) | $0.00 | N/A (Loss) |
| 2011 | ($0.34) | $0.00 | N/A (Loss) |
| 2010 | ($3.53) | $0.00 | N/A (Loss) |
| 2009 | ($0.28) | $0.00 | N/A (Loss) |
| 2008 | $0.50 | $2.41 | 482.0% |
| 2007 | $2.99 | $2.85 | 95.3% |
| 2006 | $2.04 | $2.81 | 137.7% |
| 2005 | $1.80 | $2.79 | 154.7% |
| 2004 | $2.17 | $2.75 | 126.7% |
| 2003 | $2.43 | $2.74 | 112.8% |
| 2002 | $2.39 | $2.73 | 114.0% |
| 2001 | $2.26 | $2.65 | 117.4% |
| 2000 | $2.23 | $2.52 | 112.9% |
| 1999 | $2.42 | $2.42 | 100.0% |
| 1998 | $1.20 | $2.19 | 182.5% |
| 1997 | $1.27 | $2.04 | 161.0% |
| 1996 | $1.24 | $1.96 | 157.7% |
First Industrial Realty Trust, Inc. Dividend Payout Ratio Formula & Definition
The payout ratio shows the share of trailing-12-month earnings paid out as dividends. For REITs, GAAP earnings understate cash generation (large non-cash depreciation), so read this alongside the FCF payout ratio — FFO/AFFO payout is the industry standard.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
First Industrial Realty Trust, Inc. Dividend Payout Ratio FAQ
- What is the dividend payout ratio for First Industrial Realty Trust, Inc. (FR)?
- The dividend payout ratio for FR stock is 71.11%.
- Is First Industrial Realty Trust, Inc.'s dividend payout ratio high or low?
- First Industrial Realty Trust, Inc.'s dividend payout ratio of 71.11% is 13% above its 5-year average of 62.73%, around the middle of its 5-year range (39.01%–99.46%).
- What is the TTM average dividend payout ratio for First Industrial Realty Trust, Inc. (FR)?
- The TTM average dividend payout ratio for FR stock is 87.12%.
- What is the 3Y average dividend payout ratio for First Industrial Realty Trust, Inc. (FR)?
- The 3Y average dividend payout ratio for FR stock is 70.53%.
- What is the 5Y average dividend payout ratio for First Industrial Realty Trust, Inc. (FR)?
- The 5Y average dividend payout ratio for FR stock is 58.88%.
- What is the 10Y average dividend payout ratio for First Industrial Realty Trust, Inc. (FR)?
- The 10Y average dividend payout ratio for FR stock is 62.33%.
- What is the 15Y average dividend payout ratio for First Industrial Realty Trust, Inc. (FR)?
- The 15Y average dividend payout ratio for FR stock is 66.47%.
- What is the 20Y average dividend payout ratio for First Industrial Realty Trust, Inc. (FR)?
- The 20Y average dividend payout ratio for FR stock is 75.07%.
First Industrial Realty Trust, Inc. Dividend Payout Ratio History
| DATE | DIVIDEND PAYOUT RATIO |
|---|---|
| 2026-06-18 | 71.11% |
| 2026-06-16 | 71.11% |
| 2026-06-12 | 71.13% |
| 2026-06-10 | 71.12% |
| 2026-06-08 | 71.12% |
| 2026-06-04 | 71.13% |
| 2026-06-02 | 71.14% |
| 2026-05-29 | 71.12% |
| 2026-05-27 | 71.12% |
| 2026-05-22 | 71.13% |
| 2026-05-20 | 71.14% |
| 2026-05-18 | 71.11% |
| 2026-05-14 | 71.12% |
| 2026-05-12 | 71.12% |
| 2026-05-08 | 71.12% |
| 2026-05-06 | 71.12% |
| 2026-05-04 | 71.13% |
| 2026-04-30 | 71.11% |
| 2026-04-28 | 71.13% |
| 2026-04-24 | 71.13% |
| 2026-04-22 | 98.66% |
| 2026-04-20 | 98.65% |
| 2026-04-16 | 98.66% |
| 2026-04-14 | 98.66% |
| 2026-04-10 | 98.64% |
| 2026-04-08 | 98.67% |
| 2026-04-06 | 98.64% |
| 2026-04-01 | 98.65% |
| 2026-03-30 | 95.68% |
| 2026-03-26 | 95.69% |
| 2026-03-24 | 95.70% |
| 2026-03-20 | 95.71% |
| 2026-03-18 | 95.69% |
| 2026-03-16 | 95.70% |
| 2026-03-12 | 95.68% |
| 2026-03-10 | 95.71% |
| 2026-03-06 | 95.71% |
| 2026-03-04 | 95.71% |
| 2026-03-02 | 95.70% |
| 2026-02-26 | 95.70% |
| 2026-02-24 | 95.71% |
| 2026-02-20 | 95.71% |
| 2026-02-18 | 95.69% |
| 2026-02-13 | 95.71% |
| 2026-02-11 | 95.68% |
| 2026-02-09 | 99.45% |
| 2026-02-05 | 99.44% |
| 2026-02-03 | 99.43% |
| 2026-01-30 | 99.44% |
| 2026-01-28 | 99.44% |
| 2026-01-26 | 99.45% |
| 2026-01-22 | 99.46% |
| 2026-01-20 | 99.44% |
| 2026-01-15 | 99.43% |
| 2026-01-13 | 99.43% |
| 2026-01-09 | 99.45% |
| 2026-01-07 | 99.45% |
| 2026-01-05 | 99.43% |
| 2025-12-31 | 99.43% |
| 2025-12-29 | 95.26% |
| 2025-12-24 | 95.26% |
| 2025-12-22 | 95.26% |
| 2025-12-18 | 95.25% |
| 2025-12-16 | 95.24% |
| 2025-12-12 | 95.26% |
| 2025-12-10 | 95.26% |
| 2025-12-08 | 95.25% |
| 2025-12-04 | 95.27% |
| 2025-12-02 | 95.24% |
| 2025-11-28 | 95.26% |
| 2025-11-25 | 95.25% |
| 2025-11-21 | 95.24% |
| 2025-11-19 | 95.25% |
| 2025-11-17 | 95.25% |
| 2025-11-13 | 95.26% |
| 2025-11-11 | 95.24% |
| 2025-11-07 | 95.25% |
| 2025-11-05 | 95.27% |
| 2025-11-03 | 95.25% |
| 2025-10-30 | 95.25% |
| 2025-10-28 | 95.26% |
| 2025-10-24 | 95.25% |
| 2025-10-22 | 95.25% |
| 2025-10-20 | 95.24% |
| 2025-10-16 | 83.18% |
| 2025-10-14 | 83.17% |
| 2025-10-10 | 83.18% |
| 2025-10-08 | 83.16% |
| 2025-10-06 | 83.18% |
| 2025-10-02 | 83.16% |
| 2025-09-30 | 83.18% |
| 2025-09-26 | 79.52% |
| 2025-09-24 | 79.51% |
| 2025-09-22 | 79.53% |
| 2025-09-18 | 79.51% |
| 2025-09-16 | 79.51% |
| 2025-09-12 | 79.52% |
| 2025-09-10 | 79.51% |
| 2025-09-08 | 79.50% |
| 2025-09-04 | 79.51% |
| 2025-09-02 | 79.51% |
| 2025-08-28 | 79.52% |
| 2025-08-26 | 79.52% |
| 2025-08-22 | 79.52% |
| 2025-08-20 | 79.53% |
| 2025-08-18 | 79.52% |
| 2025-08-14 | 79.52% |
| 2025-08-12 | 79.51% |
| 2025-08-08 | 79.52% |
| 2025-08-06 | 79.50% |
| 2025-08-04 | 79.50% |
| 2025-07-31 | 79.53% |
| 2025-07-29 | 79.50% |
| 2025-07-25 | 79.52% |
| 2025-07-23 | 79.52% |
| 2025-07-21 | 79.52% |
| 2025-07-17 | 79.50% |
| 2025-07-15 | 80.69% |
| 2025-07-11 | 80.69% |
| 2025-07-09 | 80.69% |
| 2025-07-07 | 80.70% |
| 2025-07-02 | 80.71% |
| 2025-06-30 | 80.70% |
| 2025-06-26 | 76.99% |
| 2025-06-24 | 76.96% |
| 2025-06-20 | 76.99% |
| 2025-06-17 | 76.98% |
| 2025-06-13 | 76.99% |
| 2025-06-11 | 76.98% |
| 2025-06-09 | 76.99% |
| 2025-06-05 | 76.99% |
| 2025-06-03 | 76.99% |
| 2025-05-30 | 76.98% |
| 2025-05-28 | 76.97% |
| 2025-05-23 | 76.98% |
| 2025-05-21 | 76.97% |
| 2025-05-19 | 76.99% |
| 2025-05-15 | 76.99% |
| 2025-05-13 | 76.97% |
| 2025-05-09 | 76.98% |
| 2025-05-07 | 76.98% |
| 2025-05-05 | 76.99% |
| 2025-05-01 | 76.97% |
| 2025-04-29 | 76.97% |
| 2025-04-25 | 76.98% |
| 2025-04-23 | 76.99% |
| 2025-04-21 | 76.96% |
| 2025-04-16 | 71.33% |
| 2025-04-14 | 71.34% |
| 2025-04-10 | 71.32% |
| 2025-04-08 | 71.34% |
| 2025-04-04 | 71.33% |
| 2025-04-02 | 71.32% |
| 2025-03-31 | 71.32% |
| 2025-03-27 | 50.93% |
| 2025-03-25 | 67.90% |
| 2025-03-21 | 67.90% |
| 2025-03-19 | 67.89% |
| 2025-03-17 | 67.90% |
| 2025-03-13 | 67.89% |
| 2025-03-11 | 67.88% |
| 2025-03-07 | 67.90% |
| 2025-03-05 | 67.89% |
| 2025-03-03 | 67.90% |
| 2025-02-27 | 67.90% |
| 2025-02-25 | 67.89% |
| 2025-02-21 | 67.90% |
| 2025-02-19 | 67.88% |
| 2025-02-14 | 67.89% |
| 2025-02-12 | 63.52% |
| 2025-02-10 | 63.53% |
| 2025-02-06 | 63.52% |
| 2025-02-04 | 63.52% |
| 2025-01-31 | 63.51% |
| 2025-01-29 | 63.52% |
| 2025-01-27 | 63.52% |
| 2025-01-23 | 63.52% |
| 2025-01-21 | 63.51% |
| 2025-01-16 | 63.51% |
| 2025-01-14 | 63.53% |
| 2025-01-10 | 63.52% |
| 2025-01-07 | 63.51% |
| 2025-01-03 | 63.51% |
| 2024-12-31 | 63.53% |
| 2024-12-27 | 47.64% |
| 2024-12-24 | 61.37% |
| 2024-12-20 | 61.37% |
| 2024-12-18 | 61.36% |
| 2024-12-16 | 61.37% |
| 2024-12-12 | 61.37% |
| 2024-12-10 | 61.38% |
| 2024-12-06 | 61.38% |
| 2024-12-04 | 61.38% |
| 2024-12-02 | 61.38% |
| 2024-11-27 | 61.37% |
| 2024-11-25 | 61.38% |
| 2024-11-21 | 61.36% |
| 2024-11-19 | 61.37% |
| 2024-11-15 | 61.38% |
| 2024-11-13 | 61.38% |
| 2024-11-11 | 61.37% |
| 2024-11-07 | 61.37% |
| 2024-11-05 | 61.38% |
| 2024-11-01 | 61.38% |
| 2024-10-30 | 61.38% |
| 2024-10-28 | 61.37% |
| 2024-10-24 | 61.37% |
| 2024-10-22 | 61.39% |
| 2024-10-18 | 61.37% |
| 2024-10-16 | 66.51% |
| 2024-10-14 | 66.50% |
| 2024-10-10 | 66.50% |
| 2024-10-08 | 66.51% |
| 2024-10-04 | 66.50% |
| 2024-10-02 | 66.51% |
| 2024-09-30 | 66.52% |
| 2024-09-26 | 64.17% |
| 2024-09-24 | 64.20% |
| 2024-09-20 | 64.19% |
| 2024-09-18 | 64.18% |
| 2024-09-16 | 64.19% |
| 2024-09-12 | 64.18% |
| 2024-09-10 | 64.19% |
| 2024-09-06 | 64.17% |
| 2024-09-04 | 64.19% |
| 2024-08-30 | 64.20% |
| 2024-08-28 | 64.19% |
| 2024-08-26 | 64.19% |
| 2024-08-22 | 64.18% |
| 2024-08-20 | 64.19% |
| 2024-08-16 | 64.20% |
| 2024-08-14 | 64.19% |
| 2024-08-12 | 64.20% |
| 2024-08-08 | 64.20% |
| 2024-08-06 | 64.19% |
| 2024-08-02 | 64.18% |
| 2024-07-31 | 64.18% |
| 2024-07-29 | 64.18% |
| 2024-07-25 | 64.18% |
| 2024-07-23 | 64.19% |
| 2024-07-19 | 64.19% |
| 2024-07-17 | 63.61% |
| 2024-07-15 | 63.60% |
| 2024-07-11 | 63.59% |
| 2024-07-09 | 63.60% |
| 2024-07-05 | 63.60% |
| 2024-07-02 | 63.59% |
| 2024-06-28 | 63.58% |
| 2024-06-26 | 61.28% |
| 2024-06-24 | 61.30% |
| 2024-06-20 | 61.30% |
| 2024-06-17 | 61.30% |
| 2024-06-13 | 61.29% |
| 2024-06-11 | 61.30% |
| 2024-06-07 | 61.29% |
| 2024-06-05 | 61.30% |
| 2024-06-03 | 61.30% |
| 2024-05-30 | 61.30% |
| 2024-05-28 | 61.29% |
| 2024-05-23 | 61.28% |
Showing the most recent 260 of 1,856 data points. The chart above shows the full history.
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