FR Dividend History & Analysis | 3.4% Yield

FR has a dividend yield of 3.4% and paid 2.34 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 3.42%
Payout Ratio 71.1%
Growth Rate CAGR 5y 13.3%
Consistency Lifetime 83.6%
Yield on Cost 5y 5.3%
Payout FCF 60.4%
Streak Years 13
Dividend Rating 73.1%
Dividends Cash Amount per Share Yearly This chart shows the yearly cash amount paid as dividends per share.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis) and average yield as orange dashed line.
■ Payout Yield (right) ■ Price (left) ┅┅ Avg Payout Yield

Top Dividend Payers in Industrial REITs

Top 5 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
HASI 5,190 M 5.36% 5.46%
STAG 7,361 M 3.79% 6.05%
PLD 134,891 M 3.44% 5.10%
TRNO 6,983 M 3.51% 4.67%
EGP 11,028 M 3.47% 4.47%
Top 5 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
LINE 10,042 M 132.60% 100.0%
REXR 8,371 M 15.69% 100.0%
EGP 11,028 M 13.30% 96.2%
PLD 134,891 M 12.52% 95.9%
TRNO 6,983 M 12.52% 99.4%
FR Dividend History: Last 50 Payments (USD) as of May 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-06-30 2026-06-30 2026-07-20 0.5 0% N/A
2026-03-31 2026-03-31 2026-04-20 Quarterly 0.5 +12.4% 0.87%
2025-12-31 2025-12-31 2026-01-20 Quarterly 0.445 0% 0.77%
2025-09-30 2025-09-30 2025-10-20 Quarterly 0.445 0% 0.87%
2025-06-30 2025-06-30 2025-07-21 Quarterly 0.445 0% 0.91%
2025-03-31 2025-03-31 2025-04-21 Quarterly 0.445 +20.3% 0.83%
2024-12-31 2024-12-31 2025-01-21 Quarterly 0.37 0% 0.74%
2024-09-30 2024-09-30 2024-10-21 Quarterly 0.37 0% 0.67%
2024-06-28 2024-06-28 2024-07-15 Quarterly 0.37 0% 0.79%
2024-03-27 2024-03-28 2024-04-15 Quarterly 0.37 +15.6% 0.73%
2023-12-28 2023-12-29 2024-01-16 Quarterly 0.32 0% 0.6%
2023-09-28 2023-09-29 2023-10-16 Quarterly 0.32 0% 0.67%
2023-06-29 2023-06-30 2023-07-17 Quarterly 0.32 0% 0.62%
2023-03-30 2023-03-31 2023-04-17 Quarterly 0.32 +8.5% 0.62%
2022-12-29 2022-12-31 2023-01-17 Quarterly 0.295 0% 0.62%
2022-09-29 2022-09-30 2022-10-17 Quarterly 0.295 0% 0.65%
2022-06-29 2022-06-30 2022-07-18 Quarterly 0.295 0% 0.62%
2022-03-30 2022-03-31 2022-04-18 Quarterly 0.295 +9.3% 0.47%
2021-12-30 2021-12-31 2022-01-18 Quarterly 0.27 0% 0.41%
2021-09-29 2021-09-30 2021-10-18 Quarterly 0.27 0% 0.52%
2021-06-29 2021-06-30 2021-07-19 Quarterly 0.27 0% 0.51%
2021-03-30 2021-03-31 2021-04-19 Quarterly 0.27 +8% N/A
2020-12-30 2020-12-31 2021-01-19 Quarterly 0.25 0% N/A
2020-09-29 2020-09-30 2020-10-19 Quarterly 0.25 0% N/A
2020-06-29 2020-06-30 2020-07-20 Quarterly 0.25 0% N/A
2020-03-30 2020-03-31 2020-04-20 Quarterly 0.25 +8.7% N/A
2019-12-30 2019-12-31 2020-01-21 Quarterly 0.23 0% N/A
2019-09-27 2019-09-30 2019-10-21 Quarterly 0.23 0% N/A
2019-06-27 2019-06-28 2019-07-15 Quarterly 0.23 0% N/A
2019-03-28 2019-03-29 2019-04-15 Quarterly 0.23 +5.5% N/A
2018-12-28 2018-12-31 2019-01-22 Quarterly 0.218 0% N/A
2018-09-27 2018-09-28 2018-10-15 Quarterly 0.218 0% N/A
2018-06-28 2018-06-29 2018-07-16 Quarterly 0.218 0% N/A
2018-03-28 2018-03-29 2018-04-16 Quarterly 0.218 +3.8% N/A
2017-12-28 2017-12-29 2018-01-16 Quarterly 0.21 0% N/A
2017-09-28 2017-09-29 2017-10-16 Quarterly 0.21 0% N/A
2017-06-28 2017-06-30 2017-07-17 Quarterly 0.21 0% N/A
2017-03-29 2017-03-31 2017-04-17 Quarterly 0.21 +10.5% N/A
2016-12-28 2016-12-30 2017-01-17 Quarterly 0.19 0% N/A
2016-09-28 2016-09-30 2016-10-17 Quarterly 0.19 0% N/A
2016-06-28 2016-06-30 2016-07-18 Quarterly 0.19 0% N/A
2016-03-29 2016-03-31 2016-04-18 Quarterly 0.19 +48.4% N/A
2015-12-29 2015-12-31 2016-01-19 Quarterly 0.128 0% N/A
2015-09-28 2015-09-30 2015-10-19 Quarterly 0.128 0% N/A
2015-06-26 2015-06-30 2015-07-20 Quarterly 0.128 0% N/A
2015-03-27 2015-03-31 2015-04-20 Quarterly 0.128 +25.5% N/A
2014-12-29 2014-12-31 2015-01-20 Quarterly 0.102 -1% N/A
2014-09-26 2014-09-30 2014-10-20 Quarterly 0.103 0% N/A
2014-06-26 2014-06-30 2014-07-21 Quarterly 0.103 0% N/A
2014-03-27 2014-03-31 2014-04-21 Quarterly 0.103 0% N/A

FR Dividend FAQ

What is the Dividend Yield of FR?

As of May 2026, FR's dividend yield is 3.42%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 2.34 USD by the current share price of 63.28.

Does FR pay a dividend?

As of May 2026, FR paid a dividend of 2.34 USD in the last 12 months. The last dividend was paid on 2026-06-30 and the payout was 0.5 USD.

How often does FR pay dividends?

FR pays dividends quarterly. Over the last 12 months, FR has issued 5 dividend payments. The last dividend payment was made on 2026-06-30.

FR dividend forecast

Based on historical data, the forecasted dividends per share for FR for the next payments are between 0.504 (+0.8%) and 0.553 (+10.6%). This indicates a solid dividend increase compared to the last payment. The expected Yield for the next 12 months is about 3.29%.

Will FR pay dividends in 2026?

The latest dividend paid per share was 0.5 USD with an Ex-Dividend Date of 2026-06-30. The next Ex-Dividend date for First Industrial Realty (FR) is 2026-06-30.

What is the next Ex-Dividend Date for FR?

The next Ex-Dividend date for First Industrial Realty (FR) is 2026-06-30.

What is the Dividend Growth of FR?

FR's average dividend growth rate over the past 5 years is 13.3% per year. Strong growth: FR's dividend growth is outpacing inflation.

What is the Yield on Cost of FR?

FR's 5-Year Yield on Cost is 5.32%. If you bought FR's shares at 43.90 USD five years ago, your current annual dividend income (2.34 USD per share, trailing 12 months) equals 5.32% of your original purchase price.

What is the Payout Consistency of FR?

FR Payout Consistency is 83.6%. 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. Moderately consistent: First Industrial Realty has a good track record of consistent dividend payments over its lifetime.

Does FR have a good Dividend Yield?

FR's 3.42% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of FR?

The Dividend Payout Ratio of FR is 71.1%. Moderate - Typically an acceptable payout ratio.

What is the Dividend Rating of FR?

FR's Overall Dividend Rating is 73.13%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

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

First Industrial Realty's outstanding shares have increased by approximately 0.05% annually over the past 3 years (Trend Reliability: 82.8%). Neutral: Share count is relatively stable with minor dilution. This has minimal impact on dividend per share calculations.

Has FR ever had a Stock Split?

No stock splits on record. The share count changes shown above reflect buybacks, new issuance, or employee compensation rather than structural splits.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
1994 18,800,000 0%
1995 19,090,900 +1.55%
1996 30,000,000 +57.14%
1997 36,603,000 +22.01%
1998 37,964,000 +3.72%
1999 38,707,700 +1.96%
2000 39,113,000 +1.05%
2001 39,236,700 +0.32%
2002 38,645,500 -1.51%
2003 39,648,300 +2.59%
2004 42,158,000 +6.33%
2005 43,887,000 +4.1%
2006 44,410,000 +1.19%
2007 42,984,000 -3.21%
2008 44,147,000 +2.71%
2009 61,797,000 +39.98%
2010 70,639,000 +14.31%
2011 86,575,000 +22.56%
2012 97,738,000 +12.89%
2013 109,975,000 +12.52%
2014 110,405,000 +0.39%
2015 110,916,000 +0.46%
2016 116,837,000 +5.34%
2017 119,846,000 +2.58%
2018 126,194,000 +5.3%
2019 127,030,000 +0.66%
2020 129,125,000 +1.65%
2021 131,002,000 +1.45%
2022 132,241,000 +0.95%
2023 132,360,000 +0.09%
2024 132,416,000 +0.04%
2025 132,504,000 +0.07%
2026 132,504,000 0%

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: 2026-05-22 02:51 UTC