TRNO Dividends
Terreno Realty Corporation (TRNO) pays $2.05 in dividends per share, with a current dividend yield of 3.10%. The company has dividend history for 12 consecutive years.
TRNO Dividend Summary
3.10%
$2.05
52.16%
103.36%
Consecutive Years
12
Next Ex-Dividend Date
Jun 26, 2026
Next Payment Date
Jul 10, 2026
TRNO 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.
TRNO Dividends CAGR Chart
Terreno Realty Corporation (TRNO)
Annual Dividend History
| Year | Dividend/Share | YoY Growth |
|---|---|---|
| 2026(YTD) | $1.04 | — |
| 2025 | $2.02 | +7.45% |
| 2024 | $1.88 | +10.59% |
| 2023 | $1.70 | +14.86% |
| 2022 | $1.48 | +17.46% |
| 2021 | $1.26 | +12.50% |
| 2020 | $1.12 | +9.80% |
| 2019 | $1.02 | +10.87% |
| 2018 | $0.92 | +9.52% |
| 2017 | $0.84 | +10.53% |
| 2016 | $0.76 | +15.15% |
| 2015 | $0.66 | +15.79% |
| 2014 | $0.57 | +11.76% |
| 2013 | $0.51 | N/A |
| 2012 | $0.56 | N/A |
| 2011 | $0.30 | N/A |
Quarterly Dividend History
| Quarter | Dividend/Share | YoY Growth |
|---|---|---|
| Q2 2026 | $0.52 | +6.12% |
| Q1 2026 | $0.52 | +6.12% |
| Q4 2025 | $0.52 | +6.12% |
| Q3 2025 | $0.52 | +6.12% |
| Q2 2025 | $0.49 | +8.89% |
| Q1 2025 | $0.49 | +8.89% |
| Q4 2024 | $0.49 | +8.89% |
| Q3 2024 | $0.49 | +8.89% |
| Q2 2024 | $0.45 | +12.50% |
| Q1 2024 | $0.45 | +12.50% |
| Q4 2023 | $0.45 | +12.50% |
| Q3 2023 | $0.45 | +12.50% |
| Q2 2023 | $0.40 | +17.65% |
| Q1 2023 | $0.40 | +17.65% |
| Q4 2022 | $0.40 | +17.65% |
| Q3 2022 | $0.40 | +17.65% |
| Q2 2022 | $0.34 | +17.24% |
| Q1 2022 | $0.34 | +17.24% |
| Q4 2021 | $0.34 | — |
| Q3 2021 | $0.34 | — |
| Q2 2021 | $0.29 | +7.41% |
| Q1 2021 | $0.29 | +7.41% |
| Q4 2020 | $0.58 | +7.41% |
| Q2 2020 | $0.27 | — |
Dividend Yield Metrics
- Current Yield
- 3.10%
- Average Yield (TTM)
- 3.10%
- Average Yield (3Y)
- 2.82%
- Forward Yield on Cost (3Y)
- 4.96%
- Forward Yield on Cost (5Y)
- 6.80%
- Forward Yield on Cost (10Y)
- 14.93%
Payout Ratio Analysis
- Payout Ratio (Current)
- 52.16%
- FCF Payout Ratio
- 103.36%
- Payout Ratio (3Y Avg)
- 81.08%
- Payout Ratio (5Y Avg)
- 88.95%
- FCF Payout (3Y Avg)
- 102.46%
- FCF Payout (5Y Avg)
- 112.61%
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 Terreno Realty Corporation
Terreno Realty Corporation, together with its subsidiaries, focuses on the acquisition, ownership, and management of industrial real estate assets. Their operations are strategically located in six key coastal U.S. markets: Los Angeles, the Northern New Jersey/New York City metropolitan area, the San Francisco Bay Area, Seattle, Miami, and Washington, D.C. It should be noted that all measurements concerning property size (square footage, acreage), occupancy rates, and the total number of properties detailed within their condensed consolidated financial statements are provided on an unaudited basis. As of September 30, 2020, the company's portfolio included 219 buildings, encompassing a total area of approximately 13.1 million square feet. Additionally, they possessed 22 developed land parcels spanning about 85.0 acres, alongside one property currently undergoing redevelopment, which is projected to contribute roughly 0.2 million square feet upon completion. Terreno operates as an internally managed corporation chartered in Maryland. The company chose to be designated as a Real Estate Investment Trust (REIT) for tax purposes, pursuant to Sections 856 through 860 of the Internal Revenue Code of 1986, effective from its taxable year concluded on December 31, 2010.
- Sector
- Real Estate
- Industry
- REIT - Industrial
- CEO
- W. Blake Baird