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

First Industrial Realty Trust's latest dividend was on Mar 31, 2025 (ex-date) with a payout of $0.445 per share. On an annualized basis, the company has a current payout of $1.56 per share. This brings the dividend yield to 3.42% based on its recent close price. The latest dividend has increased by $0.08, or 20% from the prior distribution.

Key dates

  • FR last dividend date: Mar 31, 2025
FR dividend stats
DPS
$1.56
Dividend yield
3.42%
Payout ratio
77%
vs. Real Estate sector
Dividend yield
7.25%
Payout ratio
149.9%

Dividend yield

What is First Industrial Realty Trust current dividend yield

FR has a dividend yield of 3.42% which is lower than the Real Estate sector and the industry average. If we compare it with the Real Estate sector average of 7.25%, First Industrial Realty Trust's dividend yield is 53% lower. The historical 5-year average of FR's dividend yield is 2.4%, which is less 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 12 consecutive years with dividend payouts. FR has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 17% for the last twelve months. And with the price of the stock down by 0.4% from a year ago, the dividend yield has increased by 17%.

Recent dividends

Ex-date Amount Yield (TTM)
Mar 31, 2025 $0.445 2.88%
Dec 31, 2024 $0.37 2.95%
Sep 30, 2024 $0.37 2.55%
Jun 28, 2024 $0.37 2.9%
Mar 27, 2024 $0.37 2.55%
Dec 28, 2023 $0.32 2.4%
Sep 28, 2023 $0.32 2.64%
Jun 29, 2023 $0.32 2.35%
Mar 30, 2023 $0.32 2.31%
Dec 29, 2022 $0.295 2.42%
Sep 29, 2022 $0.295 2.62%
Jun 29, 2022 $0.295 2.37%
Mar 30, 2022 $0.295 1.76%
Dec 30, 2021 $0.27 1.64%
Sep 29, 2021 $0.27 2.01%
Jun 29, 2021 $0.27 1.97%
Mar 30, 2021 $0.27 2.19%
Dec 30, 2020 $0.25 2.4%
Sep 29, 2020 $0.25 2.43%
Jun 29, 2020 $0.25 2.54%
Mar 30, 2020 $0.25 2.79%
Dec 30, 2019 $0.23 2.23%
Sep 27, 2019 $0.23 2.29%
Jun 27, 2019 $0.23 2.48%
Mar 28, 2019 $0.23 2.49%
Dec 28, 2018 $0.218 3.07%
Sep 27, 2018 $0.218 2.8%
Jun 28, 2018 $0.218 2.56%
Mar 28, 2018 $0.218 2.9%
Dec 28, 2017 $0.21 2.67%
Sep 28, 2017 $0.21 2.71%
Jun 28, 2017 $0.21 2.78%
Mar 29, 2017 $0.21 2.99%
Dec 28, 2016 $0.19 2.78%
Sep 28, 2016 $0.19 2.42%
Jun 28, 2016 $0.19 2.36%
Mar 29, 2016 $0.19 2.49%
Dec 29, 2015 $0.128 2.27%
Sep 28, 2015 $0.128 2.35%
Jun 26, 2015 $0.128 2.39%
Mar 27, 2015 $0.128 2.09%

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 77% which is lower than the Real Estate sector and the industry average. In comparison with the Real Estate sector average of 149.9%, First Industrial Realty Trust's payout ratio is 49% 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
ALX Alexanders Inc 9.1% $18 212.8%
UDR UDR Inc 4.19% $1.71 655.8%
UE Urban Edge Properties 3.88% $0.7 116.7%
FR First Industrial Realty Trust Inc 3.42% $1.56 77%
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 was FR's last dividend?

First Industrial Realty Trust's last regular dividend was on Mar 31, 2025 (ex-date) with the amount of $0.445 per share.

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

FR has paid dividend of $1.56 per share in the last year.

What is First Industrial Realty Trust's dividend yield?

Currently First Industrial Realty Trust's dividend yield is 3.42%.

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 77%.

Does First Industrial Realty Trust pay a good dividend?

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

Special dividends are included in TTM DPS and yield. Data from and Sharadar.