First Industrial Realty Trust's latest quarterly dividend was on Sep 29, 2022 (ex-date) with a payout of $0.295 per share. On an annualized basis, the company has a current payout of $1.16 per share. This brings the dividend yield to 2.58% based on its recent close price.
FR has a dividend yield of 2.58% which is lower than the Real Estate sector and the industry average. If we compare it with the Real Estate sector average of 6.35%, First Industrial Realty Trust's dividend yield is 59% lower. The historical 5-year average of FR's dividend yield is 2.4%, which is less than the current one.
First Industrial Realty Trust has a long history of dividend payments, including the last nine consecutive years with dividend payouts. FR has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 9% for the last twelve months. And with the price of the stock down by 16% from a year ago, the dividend yield has increased by 29%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Sep 29, 2022 | Oct 17, 2022 | Aug 5, 2022 | $0.295 | normal |
| Jun 29, 2022 | Jul 18, 2022 | $0.295 | normal | |
| Mar 30, 2022 | Apr 18, 2022 | Feb 9, 2022 | $0.295 | normal |
| Dec 30, 2021 | Jan 18, 2022 | Nov 2, 2021 | $0.27 | normal |
| Sep 29, 2021 | Oct 18, 2021 | Aug 6, 2021 | $0.27 | normal |
| Jun 29, 2021 | Jul 19, 2021 | May 5, 2021 | $0.27 | normal |
| Mar 30, 2021 | Apr 19, 2021 | Feb 10, 2021 | $0.27 | normal |
| Dec 30, 2020 | Jan 19, 2021 | Nov 3, 2020 | $0.25 | normal |
| Sep 29, 2020 | Oct 19, 2020 | Aug 4, 2020 | $0.25 | normal |
| Jun 29, 2020 | Jul 20, 2020 | May 6, 2020 | $0.25 | normal |
| Mar 30, 2020 | Apr 20, 2020 | Feb 12, 2020 | $0.25 | normal |
| Dec 30, 2019 | Jan 21, 2020 | Nov 5, 2019 | $0.23 | normal |
| Sep 27, 2019 | Oct 21, 2019 | Aug 6, 2019 | $0.23 | normal |
| Jun 27, 2019 | Jul 15, 2019 | May 8, 2019 | $0.23 | normal |
| Mar 28, 2019 | Apr 15, 2019 | Feb 13, 2019 | $0.23 | normal |
| Dec 28, 2018 | Jan 22, 2019 | Nov 6, 2018 | $0.218 | normal |
| Sep 27, 2018 | Oct 15, 2018 | Aug 7, 2018 | $0.218 | normal |
| Jun 28, 2018 | Jul 16, 2018 | May 10, 2018 | $0.218 | normal |
| Mar 28, 2018 | Apr 16, 2018 | Feb 21, 2018 | $0.218 | normal |
| Dec 28, 2017 | Jan 16, 2018 | Nov 7, 2017 | $0.21 | normal |
| Sep 28, 2017 | Oct 16, 2017 | Aug 2, 2017 | $0.21 | normal |
| Jun 28, 2017 | Jul 17, 2017 | May 11, 2017 | $0.21 | normal |
| Mar 29, 2017 | Apr 17, 2017 | Feb 22, 2017 | $0.21 | normal |
| Dec 28, 2016 | Jan 17, 2017 | Nov 8, 2016 | $0.19 | normal |
| Sep 28, 2016 | Oct 17, 2016 | Aug 2, 2016 | $0.19 | normal |
| Jun 28, 2016 | Jul 18, 2016 | May 11, 2016 | $0.19 | normal |
| Mar 29, 2016 | Apr 18, 2016 | $0.19 | normal |
FR has a payout ratio of 48.7% which is lower than the Real Estate sector and the industry average. In comparison with the Real Estate sector average of 116.2%, First Industrial Realty Trust's payout ratio is 58% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| STWD Starwood Property Trust Inc | 10.54% | $1.92 | 77.7% |
| STAR Istar Inc | 5.4% | $0.5 | 5.6% |
| CMCT CIM Commercial Trust Corp | 5.16% | $0.33 | N/A |
| FR First Industrial Realty Trust Inc | 2.58% | $1.16 | 48.7% |
| GEO Geo Group Inc | N/A | N/A | N/A |
Yes, First Industrial Realty Trust has paid four dividends in the last twelve months. FR has been paying dividends since 2013.
FR hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in December 2022.
First Industrial Realty Trust's last regular dividend was on Sep 29, 2022 (ex-date) with the amount of $0.295 per share.
FR has paid dividend of $1.16 per share in the last year.
Currently First Industrial Realty Trust's dividend yield is 2.58%.
First Industrial Realty Trust has a quarterly dividend frequency.
First Industrial Realty Trust's dividend payout ratio is 48.7%.
First Industrial Realty Trust's dividend yield is less than the Real Estate sector average.