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Terreno Realty Corporation (TRNO)
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TRNO Dividends

Terreno Realty Corporation (TRNO) pays $2.05 in dividends per share, with a current dividend yield of 3.06%. The company has dividend history for 12 consecutive years.

TRNO Dividend Summary

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 list

This 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

YearDividend/ShareYoY 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$0.51N/A
2012$0.56N/A
2011$0.30N/A

Quarterly Dividend History

QuarterDividend/ShareYoY 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
3.06%
Average Yield (TTM)
3.06%
Average Yield (3Y)
2.78%
Forward Yield on Cost (3Y)
4.90%
Forward Yield on Cost (5Y)
6.71%
Forward Yield on Cost (10Y)
14.74%

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

Payout Ratio
52.2%
Dividends / net income
FCF Payout Ratio
103.4%
Dividends / free cash flow
Consecutive Years
12 years
Years with regular dividend payments
5Y Dividend Growth
12.5%
Compound annual dividend growth

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.

Bellevue, WA
49 employees
Real Estate / REIT - Industrial
Sector
Real Estate
Industry
REIT - Industrial
CEO
W. Blake Baird