FWRD Forward Air dividend history, payout ratio & dates
Forward Air's most recent dividend of $0.24 per share was on Nov 21, 2023 (ex-date). The annualized payout of $0.96 per share represents a current dividend yield of 2.59%.
Key dates
- FWRD last dividend date: Nov 21, 2023
FWRD dividend stats
vs. Industrials sector
Dividend yield
FWRD has a dividend yield of 2.59% which is higher than the Industrials sector, the industry and its peers average. If we compare it with the Industrials sector average of 1.38%, Forward Air's dividend yield is 88% higher. The historical 5-year average of FWRD's dividend yield is 1.1%, which is less than the current one.
Dividend history
Forward Air has a dividend history dating as far as 1998, but lately the company has recorded 19 consecutive years of dividend payments. Our records of FWRD show that the company has distributed one dividend in the past year. The annualized dividend per share has remained the same for the last twelve months. But since the stock price has gone down by 47% from a year ago, the dividend yield has increased by 90%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Nov 21, 2023 | $0.24 | 1.48% |
| Aug 16, 2023 | $0.24 | 1.49% |
| May 24, 2023 | $0.24 | 1.01% |
| Mar 1, 2023 | $0.24 | 0.92% |
| Nov 22, 2022 | $0.24 | 0.88% |
| Aug 17, 2022 | $0.24 | 0.87% |
| May 25, 2022 | $0.24 | 0.97% |
| Mar 2, 2022 | $0.24 | 0.84% |
| Nov 23, 2021 | $0.21 | 0.8% |
| Aug 19, 2021 | $0.21 | 0.98% |
| May 26, 2021 | $0.21 | 0.85% |
| Mar 3, 2021 | $0.21 | 0.88% |
| Nov 24, 2020 | $0.21 | 0.97% |
| Aug 19, 2020 | $0.18 | 1.24% |
| May 21, 2020 | $0.18 | 1.58% |
| Mar 4, 2020 | $0.18 | 1.21% |
| Nov 20, 2019 | $0.18 | 1.03% |
| Aug 21, 2019 | $0.18 | 1.17% |
| May 23, 2019 | $0.18 | 1.19% |
| Mar 6, 2019 | $0.18 | 1.07% |
| Nov 21, 2018 | $0.18 | 1.01% |
| Aug 22, 2018 | $0.15 | 0.94% |
| May 24, 2018 | $0.15 | 1.01% |
| Mar 7, 2018 | $0.15 | 1.11% |
| Nov 21, 2017 | $0.15 | 1.09% |
| Aug 23, 2017 | $0.15 | 1.19% |
| May 23, 2017 | $0.15 | 1.14% |
| Mar 7, 2017 | $0.15 | 1.14% |
| Nov 21, 2016 | $0.15 | 1.05% |
| Aug 18, 2016 | $0.12 | 1.05% |
| May 26, 2016 | $0.12 | 1.07% |
| Mar 8, 2016 | $0.12 | 1.17% |
| Nov 19, 2015 | $0.12 | 1% |
| Aug 20, 2015 | $0.12 | 1.02% |
| May 22, 2015 | $0.12 | 0.91% |
| Mar 10, 2015 | $0.12 | 0.91% |
Forward Air dividend payouts
Total amount of dividends paid per financial year (from cash flow)
FWRD dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| FWRD Forward Air Corp | 2.58% | $0.96 | N/A |
| FDX Fedex Corp | 1.9% | $5.28 | 32.3% |
| EXPD Expeditors International Of Washington Inc | 1.19% | $1.42 | 30.3% |
| ODFL Old Dominion Freight Line Inc | 0.48% | $0.98 | 16.7% |
| ARCB Arcbest Corp | 0.45% | $0.48 | 8.9% |
Frequently asked questions
Does Forward Air pay a dividend?
Forward Air has issued one dividend in the last twelve months.
When was FWRD's last dividend?
Forward Air's last regular dividend was on Nov 21, 2023 (ex-date) with the amount of $0.24 per share.
How much dividend does Forward Air pay (per share)?
FWRD has paid dividend of $0.96 per share in the last year.
What is Forward Air's dividend yield?
Forward Air's current dividend yield is 2.59%.
How often does Forward Air pay dividends?
Forward Air has a quarterly dividend frequency.
Does Forward Air pay a good dividend?
Forward Air's dividend yield is more than the Industrials sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.