FWRD Dividend History & Analysis | Yield

FWRD has a dividend yield of and paid per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m -
Payout Ratio -
Growth Rate CAGR 5y -100%
Consistency Lifetime 39%
Yield on Cost 5y -
Payout FCF -
Streak Years -
Dividend Rating 1%
Chowder Number yield + growth -
Yield vs Average 5y -100% avg 0.83% vs now %
Debt / EBITDA leverage 24.4x elevated
Income per 10k invested -
Dividends Cash Amount per Share Yearly FWRD annual dividends paid per share, showing the total cash Forward Air distributed to shareholders each year.
Dividend Growth Year over Year FWRD year-over-year dividend growth rate, showing how Forward Air's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History FWRD dividend yield history versus share price over the past 5 years, showing how Forward Air's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) Price (left)

Top Dividend Payers in Air Freight & Logistics

Top 7 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
LOG MC
Cia de Distribucion Integral
5,059 M 6.73% 16.76%
DHL XETRA
Deutsche Post
71,452 M 4.21% 4.07%
CTT LS
CTT Correios de Portugal
884 M 3.06% 4.29%
FDX NYSE
FedEx
73,911 M 1.94% 2.61%
CHRW NASDAQ
CH Robinson Worldwide
22,227 M 1.59% 3.04%
HUBG NASDAQ
Hub
2,868 M 1.29% 1.53%
EXPD NYSE
Expeditors International of
21,677 M 1.05% 1.31%
Top 6 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
LOG MC
Cia de Distribucion Integral
5,059 M 17.02% 100.0%
CTT LS
CTT Correios de Portugal
884 M 12.99% 99.0%
FDX NYSE
FedEx
73,911 M 11.91% 100.0%
EXPD NYSE
Expeditors International of
21,677 M 5.49% 100.0%
CHRW NASDAQ
CH Robinson Worldwide
22,227 M 3.20% 100.0%
DHL XETRA
Deutsche Post
71,452 M 1.09% 98.0%

FWRD Dividend History

Dividend Monthly Return EX date, 4.9 years of data

Jan - -
Feb - -
Mar 0.09% 40
Apr - -
May 0.10% 40
Jun - -
Jul - -
Aug 0.16% 60
Sep - -
Oct - -
Nov 0.16% 60
Dec - -

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 10 Payments (USD) as of July 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2023-11-21 2023-11-22 2023-12-07 Quarterly 0.24 0% 0.37%
2023-08-16 2023-08-17 2023-09-07 Quarterly 0.24 0% 0.36%
2023-05-24 2023-05-25 2023-06-13 Quarterly 0.24 0% 0.25%
2023-03-01 2023-03-02 2023-03-17 Quarterly 0.24 0% 0.23%
2022-11-22 2022-11-23 2022-12-08 Quarterly 0.24 0% 0.22%
2022-08-17 2022-08-18 2022-09-08 Quarterly 0.24 0% 0.22%
2022-05-25 2022-05-26 2022-06-14 Quarterly 0.24 0% 0.26%
2022-03-02 2022-03-03 2022-03-18 Quarterly 0.24 +14.3% 0.24%
2021-11-23 2021-11-24 2021-12-09 Quarterly 0.21 0% 0.2%
2021-08-19 2021-08-20 2021-09-09 Quarterly 0.21 0% 0.24%

FWRD Dividend FAQ

What is the Dividend Yield of FWRD?

As of July 2026, FWRD's dividend yield is %. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of - USD by the current share price of 13.38.

Does FWRD pay a dividend?

As of July 2026 FWRD does not pay a dividend.

How often does FWRD pay dividends?

Over the last 12 months, FWRD has issued 0 dividend payments. The last dividend payment was made on 2023-11-21.

FWRD dividend forecast

Based on historical data, the forecasted dividends per share for FWRD for the next payments are between 0.239 (-0.4%) and 0.246 (+2.5%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 7.24%.

Will FWRD pay dividends in 2026?

The latest dividend paid per share was 0.24 USD with an Ex-Dividend Date of 2023-11-21. The next Ex-Dividend date for Forward Air (FWRD) is currently unknown.

What is the next Ex-Dividend Date for FWRD?

The next Ex-Dividend date for Forward Air (FWRD) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of FWRD?

FWRD's average dividend growth rate over the past 5 years is -100% per year. Negative growth: FWRD's dividend growth is negative and declining.

What is the Yield on Cost of FWRD?

FWRD's 5-Year Yield on Cost is -%. If you bought FWRD's shares at 86.76 USD five years ago, your current annual dividend income (- USD per share, trailing 12 months) equals -% of your original purchase price.

What is the Payout Consistency of FWRD?

FWRD Payout Consistency is 39.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very unstable: Forward Air has a poor track record of dividend payments over its lifetime.

Does FWRD have a good Dividend Yield?

FWRD's % Dividend Yield is considered as unknown.

What is the Dividend Payout Ratio of FWRD?

The Dividend Payout Ratio of FWRD is unknown.

What is the Dividend Rating of FWRD?

FWRD's Overall Dividend Rating is 1.00%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

FWRD Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in FWRD's Outstanding Shares?

Forward Air's outstanding shares have increased by approximately 8.13% annually over the past 3 years (Trend Reliability: 93.1%). Significant dilution: Heavy share issuance is diluting existing shareholders. Even if total dividends paid increase, your dividend per share may stagnate or decline.

Has FWRD ever had a Stock Split?

Yes, the last stock split was on Apr 4, 2005 with a ratio of 3:2. This was a forward split: Each share became 1.5 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
2011 29,000,000 0%
2012 30,000,000 +3.45%
2013 31,000,000 +3.33%
2014 31,000,000 0%
2015 31,000,000 0%
2016 30,000,000 -3.23%
2017 30,000,000 0%
2018 29,000,000 -3.33%
2019 28,000,000 -3.45%
2020 28,000,000 0%
2021 27,000,000 -3.57%
2022 27,000,000 0%
2023 26,000,000 -3.7%
2024 28,000,000 +7.69%
2025 31,000,000 +10.71%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-07-11 02:39 UTC