First Industrial Realty Trust, Inc.
FRReal Estate · Stock · quarterly payer
$61.68
Add to PortfolioForward Yield
3.06%
Annual Dividend
$1.89
Payout Ratio
71%
5-Yr Growth
12.2%
Ex-Date
Jun 30, 2026
Frequency
Quarterly
FR Dividend Safety Score
73/ 100
Grade B
Safe
Dividend-growth streak12 consecutive years of growth
Cut historyCut its dividend in 2013
Earnings payout coverage71% of earnings paid out
Balance-sheet strengthDebt/equity of 0.91
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is FR a good dividend stock?
Yes, with caveatsFirst Industrial Realty Trust, Inc. (FR) pays a quarterly dividend yielding 3.06% ($1.89/yr), with 12 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- 12 consecutive years of dividend growth
- Strong 12.2% 5-yr dividend growth
Risks
- Cut its dividend in 2013
Key Data
- Dividend Yield
- 3.06%
- Payout Ratio
- 71%
- Annual Dividend
- $1.89
- 5-Yr Avg Growth
- 12.2%
- Ex-Dividend Date
- Jun 30, 2026
- Years of Growth
- 12
- Frequency
- quarterly
- Beta
- 1.07
- Market Cap
- $8.5B
- P/E Ratio
- 23.8
- 5-Yr Total Return
- 19%
- 52-Week Range
- $47.36 – $64.66
- Dividend Safety
- B · 73/100
- Ever Cut?
- Yes (2013)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 31, 2026 | — | $0.5000 | regular |
| Dec 31, 2025 | — | $0.4450 | regular |
| Sep 30, 2025 | — | $0.4450 | regular |
| Jun 30, 2025 | — | $0.4450 | regular |
| Mar 31, 2025 | — | $0.4450 | regular |
| Dec 31, 2024 | — | $0.3700 | regular |
| Sep 30, 2024 | — | $0.3700 | regular |
| Jun 28, 2024 | — | $0.3700 | regular |
| Mar 27, 2024 | — | $0.3700 | regular |
| Dec 28, 2023 | — | $0.3200 | regular |
| Sep 28, 2023 | — | $0.3200 | regular |
| Jun 29, 2023 | — | $0.3200 | regular |
| Mar 30, 2023 | — | $0.3200 | regular |
| Dec 29, 2022 | — | $0.2950 | regular |
Income Calculator
At $1.89 / yr per share
Per payment (quarterly)$47.25
Annual$189.00
Monthly avg$15.75
