First Industrial Realty Trust Dividend
Dividend criteria checks 5/6
First Industrial Realty Trust is a dividend paying company with a current yield of 3.13% that is well covered by earnings. Next payment date is on 15th July, 2024 with an ex-dividend date of 28th June, 2024.
Key information
3.1%
Dividend yield
53%
Payout ratio
Industry average yield | 3.7% |
Next dividend pay date | 15 Jul 24 |
Ex dividend date | 28 Jun 24 |
Dividend per share | n/a |
Earnings per share | US$2.17 |
Dividend yield forecast in 3Y | 3.5% |
Recent dividend updates
Recent updates
First Industrial: Shares Attractive Despite Softer Q1 Results
Apr 18First Industrial Is Positioned For A Strong 2024
Jan 05First Industrial: Embedded Growth At A Discount
Oct 25First Industrial: Buy The Dip On This Fast-Growing REIT
Oct 07First Industrial: Is It A Buy Following Another Quarter Of Record Rental Growth?
Jul 21First Industrial Realty: The Speculative Exposure Still Warrants A Higher Risk Premium
Feb 15Should You Be Adding First Industrial Realty Trust (NYSE:FR) To Your Watchlist Today?
Feb 12First Industrial Realty Trust FFO of $0.59 beats by $0.03, revenue of $144.62M beats by $4.87M
Feb 08First Industrial: Not The Best Time For Speculative Development
Dec 07First Industrial Realty Trust Q3 2022 Earnings Preview
Oct 19Do First Industrial Realty Trust's (NYSE:FR) Earnings Warrant Your Attention?
Oct 11First Industrial Realty Trust: The Picture Keeps Getting Better
Aug 21First Industrial Realty Trust declares $0.295 dividend
Aug 05First Industrial Realty Trust FFO of $0.56 beats by $0.02, revenue of $130.05M beats by $2.5M
Jul 20Is Now The Time To Put First Industrial Realty Trust (NYSE:FR) On Your Watchlist?
Jun 23First Industrial's Growth Outpaces Its Valuation
Jun 13If You Like EPS Growth Then Check Out First Industrial Realty Trust (NYSE:FR) Before It's Too Late
Mar 07First Industrial Realty Trust: Still Not The Right Moment
Feb 27First Industrial Realty Trust: Shares Offer Limited, If Any, Upside
Nov 02First Industrial Realty (FR) Presents At REITweek 2021 Investor Virtual Conference - Slideshow
Jun 15First Industrial Realty Trust: Quality But Too Expensive
May 05Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: FR's dividends per share have been stable in the past 10 years.
Growing Dividend: FR's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
First Industrial Realty Trust Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (FR) | 3.1% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.7% |
Industry Average (Industrial REITs) | 3.7% |
Analyst forecast in 3 Years (FR) | 3.5% |
Notable Dividend: FR's dividend (3.13%) is higher than the bottom 25% of dividend payers in the US market (1.53%).
High Dividend: FR's dividend (3.13%) is low compared to the top 25% of dividend payers in the US market (4.72%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.2%), FR's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (67.8%), FR's dividend payments are covered by cash flows.