First Industrial Realty Trust
FR

First Industrial Realty Trust (FR) dividend history and yield

Dividend summary

Frequency
Quarterly
Trailing 12 months
$1.95
Forward yield
3.25%
Payout ratio
72.8%
Growth streak
5 years

First Industrial pays a quarterly dividend of $0.50 per share. Its most recent payment had an ex-date of September 30, 2026 and is payable on October 19, 2026. Over the trailing twelve months, it paid $1.95 per share, a yield of about 3.27% at a share price of $59.45.

The record shows a steady annual rhythm. First Industrial has raised its dividend once a year, each time with the payment that goes ex-dividend at the end of the first quarter. The rate went from $0.27 to $0.30 in 2022, then to $0.32 in 2023, $0.37 in 2024, $0.45 in 2025 and $0.50 in 2026. The raises ranged from two to eight cents, or roughly 6.7% to 21.6%. Since late 2021, the quarterly rate has grown about 85%. Payments by calendar year rose from $1.20 in 2022 to $1.80 in 2025, a 50% increase. The company has now increased its dividend for five consecutive years.

Ex-dates usually fall on or near the last day of each quarter, with payment about three weeks later. If the pattern holds, the next payment would go ex-dividend at the end of December 2026 and be paid around January 20, 2027.

Dividend per share by year

2025
$1.78
2024
$1.48
2023
$1.28
2022
$1.18
2021
$1.08
2020
$1.00

Dividend history

DeclaredEx-dividend datePay dateAmount
Aug 13, 2026Sep 30, 2026Oct 19, 2026$0.50
Apr 30, 2026Jun 30, 2026Jul 20, 2026$0.50
Feb 4, 2026Mar 31, 2026Apr 20, 2026$0.50
Oct 29, 2025Dec 31, 2025Jan 20, 2026$0.45
Aug 12, 2025Sep 30, 2025Oct 20, 2025$0.45
Apr 30, 2025Jun 30, 2025Jul 21, 2025$0.45
Feb 5, 2025Mar 31, 2025Apr 21, 2025$0.45
Oct 30, 2024Dec 31, 2024Jan 21, 2025$0.37
Aug 1, 2024Sep 30, 2024Oct 21, 2024$0.37
Apr 30, 2024Jun 28, 2024Jul 15, 2024$0.37
Feb 7, 2024Mar 27, 2024Apr 15, 2024$0.37
Nov 1, 2023Dec 28, 2023Jan 16, 2024$0.32
Aug 3, 2023Sep 28, 2023Oct 16, 2023$0.32
May 3, 2023Jun 29, 2023Jul 17, 2023$0.32
Feb 8, 2023Mar 30, 2023Apr 17, 2023$0.32
Nov 1, 2022Dec 29, 2022Jan 17, 2023$0.30
Aug 5, 2022Sep 29, 2022Oct 17, 2022$0.30
May 4, 2022Jun 29, 2022Jul 18, 2022$0.30
Feb 9, 2022Mar 30, 2022Apr 18, 2022$0.30
Nov 2, 2021Dec 30, 2021Jan 18, 2022$0.27

Frequently asked questions

  • Does First Industrial Realty Trust (FR) pay a dividend?

    Yes. First Industrial Realty Trust pays a quarterly dividend; the most recent payment was $0.50 per share.

  • What is FR's dividend yield?

    First Industrial Realty Trust paid $1.95 per share over the trailing twelve months, a yield of 3.25% at the last price of $59.90. Click here to learn more

  • When is FR's most recent ex-dividend date?

    First Industrial Realty Trust's most recent ex-dividend date is Sep 30, 2026, payable on Oct 19, 2026.

  • What is the difference between ex and payment dates?

    An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. Click here to learn more

  • Has FR been raising its dividend?

    Yes — First Industrial Realty Trust has increased its dividend for 5 consecutive calendar years.

Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

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