Back to FWRD overview

FWRD Forward Air dividend history, payout ratio & dates

Forward Air's most recent quarterly dividend of $0.24 per share was on Aug 17, 2022 (ex-date). The annualized payout of $0.93 per share represents a current dividend yield of 1.03%.

Key dates

  • FWRD last dividend date: Aug 17, 2022
  • FWRD next dividend date: Not announced
FWRD dividend stats
DPS
$0.93
Dividend yield
1%
Payout ratio
15.6%
vs. Industrials sector
Dividend yield
1.74%
Payout ratio
28.9%

Dividend yield

What is Forward Air current dividend yield

FWRD has a dividend yield of 1.03% which is lower than the Industrials sector, the industry and its peers average. If we compare it with the Industrials sector average of 1.74%, Forward Air's dividend yield is 41% lower. The historical 5-year average of FWRD's dividend yield is 1.0%, which is in line with the current one.

Dividend history

What is FWRD dividend payout history and dates

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 11% for the last twelve months. And since the stock price has gone up by 9% from a year ago, the dividend yield has increased by 1.4%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Aug 17, 2022 Sep 8, 2022 Jul 27, 2022 $0.24 normal
May 25, 2022 Jun 14, 2022 Apr 27, 2022 $0.24 normal
Mar 2, 2022 Mar 18, 2022 Feb 8, 2022 $0.24 normal
Nov 23, 2021 Dec 9, 2021 Oct 26, 2021 $0.21 normal
Aug 19, 2021 Sep 9, 2021 Jul 29, 2021 $0.21 normal
May 26, 2021 Jun 14, 2021 Apr 26, 2021 $0.21 normal
Mar 3, 2021 Mar 19, 2021 Feb 2, 2021 $0.21 normal
Nov 24, 2020 Dec 10, 2020 Oct 27, 2020 $0.21 normal
Aug 19, 2020 Sep 9, 2020 Jul 21, 2020 $0.18 normal
May 21, 2020 Jun 10, 2020 Apr 29, 2020 $0.18 normal
Mar 4, 2020 Mar 20, 2020 Feb 4, 2020 $0.18 normal
Nov 20, 2019 Dec 6, 2019 Oct 22, 2019 $0.18 normal
Aug 21, 2019 Sep 6, 2019 Jul 23, 2019 $0.18 normal
May 23, 2019 Jun 7, 2019 Apr 19, 2019 $0.18 normal
Mar 6, 2019 Mar 22, 2019 Feb 5, 2019 $0.18 normal
Nov 21, 2018 Dec 7, 2018 Oct 23, 2018 $0.18 normal
Aug 22, 2018 Sep 7, 2018 Jul 24, 2018 $0.15 normal
May 24, 2018 Jun 8, 2018 Apr 20, 2018 $0.15 normal
Mar 7, 2018 Mar 23, 2018 Feb 6, 2018 $0.15 normal
Nov 21, 2017 Dec 8, 2017 Oct 24, 2017 $0.15 normal
Aug 23, 2017 Sep 8, 2017 Jul 25, 2017 $0.15 normal
May 23, 2017 Jun 9, 2017 Apr 25, 2017 $0.15 normal
Mar 7, 2017 Mar 24, 2017 Feb 7, 2017 $0.15 normal
Nov 21, 2016 Dec 9, 2016 Oct 25, 2016 $0.15 normal
Aug 18, 2016 Sep 6, 2016 Jul 21, 2016 $0.12 normal
May 26, 2016 Jun 13, 2016 Apr 29, 2016 $0.12 normal
Mar 8, 2016 Mar 28, 2016 Feb 9, 2016 $0.12 normal

Forward Air dividend payout ratio

What is Forward Air dividend payout ratio compared to the sector

Payout ratio

FWRD has a payout ratio of 15.6% which is higher than its peers average but lower than the Industrials sector and the industry average. If we compare it with the Industrials sector average of 28.9%, Forward Air's payout ratio is 46% lower.

Total amount of dividends paid per financial year (from cash flow)

FWRD dividend vs peer dividends

How does FWRD dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
FDX Fedex Corp 2.51% $3.8 27.6%
EXPD Expeditors International Of Washington Inc 1.39% $1.25 13.6%
FWRD Forward Air Corp 1% $0.93 15.6%
ARCB Arcbest Corp 0.53% $0.4 3.3%
ODFL Old Dominion Freight Line Inc 0.42% $1.1 10.1%

Frequently asked questions

Does Forward Air pay a dividend?

Yes, Forward Air has paid four dividends in the last twelve months. FWRD has been paying dividends since 2005.

When is Forward Air's next dividend?

FWRD hasn't announced its next dividend date yet, but if we take into consideration its recent dividend schedule, it is likely that its next dividend will be in November 2022.

When was FWRD's last dividend?

Forward Air's last regular dividend was on Aug 17, 2022 (ex-date) with the amount of $0.24 per share.

How much dividend does Forward Air pay (per share)?

FWRD has paid dividend of $0.93 per share in the last year.

What is Forward Air's dividend yield?

Forward Air's current dividend yield is 1.03%.

How often does Forward Air pay dividends?

Forward Air has a quarterly dividend frequency.

What is Forward Air's dividend payout ratio?

Forward Air's dividend payout ratio is 15.6%.

Does Forward Air pay a good dividend?

Forward Air's dividend yield is less than the Industrials sector average.