Forward Air's most recent quarterly dividend of $0.24 per share was on Mar 2, 2022 (ex-date). The annualized payout of $0.87 per share represents a current dividend yield of 0.94%. The latest FWRD distribution of $0.24 marks a dividend growth of 14%.
FWRD has a dividend yield of 0.94% which is lower than the Industrials sector and the industry average.
Forward Air has a dividend history dating as far as 1998, but lately the company has recorded 17 consecutive years of dividend payments. Our records of FWRD show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 12% for the last twelve months. And since the stock price has gone down by 1.9% from a year ago, the dividend yield has increased by 13%.
| Declared on | Ex-date | Payment date | Amount | Type |
|---|---|---|---|---|
| Feb 8, 2022 | Mar 2, 2022 | Mar 18, 2022 | $0.24 | normal |
| Oct 26, 2021 | Nov 23, 2021 | Dec 9, 2021 | $0.21 | normal |
| Jul 29, 2021 | Aug 19, 2021 | Sep 9, 2021 | $0.21 | normal |
| Apr 26, 2021 | May 26, 2021 | Jun 14, 2021 | $0.21 | normal |
| Feb 2, 2021 | Mar 3, 2021 | Mar 19, 2021 | $0.21 | normal |
| Oct 27, 2020 | Nov 24, 2020 | Dec 10, 2020 | $0.21 | normal |
| Jul 21, 2020 | Aug 19, 2020 | Sep 9, 2020 | $0.18 | normal |
| Apr 29, 2020 | May 21, 2020 | Jun 10, 2020 | $0.18 | normal |
| Feb 4, 2020 | Mar 4, 2020 | Mar 20, 2020 | $0.18 | normal |
| Oct 22, 2019 | Nov 20, 2019 | Dec 6, 2019 | $0.18 | normal |
| Jul 23, 2019 | Aug 21, 2019 | Sep 6, 2019 | $0.18 | normal |
| Apr 19, 2019 | May 23, 2019 | Jun 7, 2019 | $0.18 | normal |
| Feb 5, 2019 | Mar 6, 2019 | Mar 22, 2019 | $0.18 | normal |
| Oct 23, 2018 | Nov 21, 2018 | Dec 7, 2018 | $0.18 | normal |
| Jul 24, 2018 | Aug 22, 2018 | Sep 7, 2018 | $0.15 | normal |
| Apr 20, 2018 | May 24, 2018 | Jun 8, 2018 | $0.15 | normal |
| Feb 6, 2018 | Mar 7, 2018 | Mar 23, 2018 | $0.15 | normal |
| Oct 24, 2017 | Nov 21, 2017 | Dec 8, 2017 | $0.15 | normal |
| Jul 25, 2017 | Aug 23, 2017 | Sep 8, 2017 | $0.15 | normal |
| Apr 25, 2017 | May 23, 2017 | Jun 9, 2017 | $0.15 | normal |
| Feb 7, 2017 | Mar 7, 2017 | Mar 24, 2017 | $0.15 | normal |
| Oct 25, 2016 | Nov 21, 2016 | Dec 9, 2016 | $0.15 | normal |
| Jul 21, 2016 | Aug 18, 2016 | Sep 6, 2016 | $0.12 | normal |
| Apr 29, 2016 | May 26, 2016 | Jun 13, 2016 | $0.12 | normal |
| Feb 9, 2016 | Mar 8, 2016 | Mar 28, 2016 | $0.12 | normal |
FWRD has a payout ratio of 17.3% which is lower than the Industrials sector and the industry average.