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FR First Industrial Realty Trust dividend history, payout ratio & dates

  1. Stocks
  2. Real Estate
  3. NYSE: FR
  4. Dividend

First Industrial Realty Trust's latest quarterly dividend was on Dec 29, 2022 (ex-date) with a payout of $0.295 per share. On an annualized basis, the company has a current payout of $1.18 per share. This brings the dividend yield to 2.19% based on its recent close price.

Key dates

  • FR last dividend date: Dec 29, 2022
  • FR next dividend date: Not announced
Peer dividends: STAR STWD GEO CMCT
FR dividend stats
DPS
$1.18
Dividend yield
2.19%
Payout ratio
39.6%
vs. Real Estate sector
Dividend yield
5.68%
Payout ratio
106.2%

Dividend yield

What is First Industrial Realty Trust current dividend yield

FR has a dividend yield of 2.19% which is lower than the Real Estate sector and the industry average. If we compare it with the Real Estate sector average of 5.68%, First Industrial Realty Trust's dividend yield is 61% lower. The historical 5-year average of FR's dividend yield is 2.4%, which is more than the current one.

Dividend history

What is FR dividend payout history and dates

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 11% from a year ago, the dividend yield has increased by 22%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Dec 29, 2022 Jan 17, 2023 Nov 1, 2022 $0.295 normal
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

First Industrial Realty Trust dividend payout ratio

What is First Industrial Realty Trust dividend payout ratio compared to the sector

Payout ratio

FR has a payout ratio of 39.6% which is lower than the Real Estate sector and the industry average. In comparison with the Real Estate sector average of 106.2%, First Industrial Realty Trust's payout ratio is 63% lower.

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

FR dividend vs peer dividends

How does FR dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
STWD Starwood Property Trust Inc 8.93% $1.92 72.5%
CMCT CIM Commercial Trust Corp 6.25% $0.34 N/A
STAR Istar Inc 5.24% $0.5 6.8%
FR First Industrial Realty Trust Inc 2.19% $1.18 39.6%
GEO Geo Group Inc N/A N/A N/A

Frequently asked questions

Does First Industrial Realty Trust pay a dividend?

Yes, First Industrial Realty Trust has paid four dividends in the last twelve months. FR has been paying dividends since 2013.

When is First Industrial Realty Trust's next dividend?

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 March 2023.

When was FR's last dividend?

First Industrial Realty Trust's last regular dividend was on Dec 29, 2022 (ex-date) with the amount of $0.295 per share.

How much dividend does First Industrial Realty Trust pay (per share)?

FR has paid dividend of $1.18 per share in the last year.

What is First Industrial Realty Trust's dividend yield?

Currently First Industrial Realty Trust's dividend yield is 2.19%.

How often does First Industrial Realty Trust pay dividends?

First Industrial Realty Trust has a quarterly dividend frequency.

What is First Industrial Realty Trust's dividend payout ratio?

First Industrial Realty Trust's dividend payout ratio is 39.6%.

Does First Industrial Realty Trust pay a good dividend?

First Industrial Realty Trust's dividend yield is less than the Real Estate sector average.