First Industrial Realty Trust (FR) Dividend Coverage Ratio (2013 - 2026)
First Industrial Realty Trust's Dividend Coverage Ratio was 1.13 in Q2 2026, up 23.9% from 0.91 a year earlier but down 52.2% from the prior quarter.
First Industrial Realty Trust (FR) Dividend Coverage Ratio (2013 - 2026) Analysis & Trends
On a trailing twelve-month basis, First Industrial Realty Trust's Dividend Coverage Ratio was 1.46 through Jun 30, 2026, up 13.6% year-over-year; for FY2025, it came in at 1.07, down 28.0% from FY2024.
- Dividend Coverage Ratio has now declined for three consecutive years.
- In earlier years, Dividend Coverage Ratio was 1.49 in FY2024 (-8.4%), 1.62 in FY2023 (-29.8%), 2.31 in FY2022 (+19.2%) and 1.94 in FY2021 (+25.9%).
- Quarterly Dividend Coverage Ratio has moved between 0.91 (Q2 2025) and 3.19 (Q4 2021) over five years.
- Compared with a year earlier, Dividend Coverage Ratio was higher in three of the last eight quarters, with growth averaging 6.4%.
- The best year-over-year quarter for Dividend Coverage Ratio over five years was Q3 2022 (growth of 160.9%); the worst was Q2 2023 (a decline of 57.1%).
- Per Business Quant data, FR's Dividend Coverage Ratio in the three quarters before Q2 2026 was 2.37 (Q1 2026), 1.31 (Q4 2025) and 1.08 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 164.16 Bn | 146.67 Bn | 1.39 Bn | - |
| 2 | Prologis | 120.28 Bn | 124.68 Bn | - | - |
| 3 | Simon Property | 68.97 Bn | 70.18 Bn | - | - |
| 4 | Realty Income | 51.22 Bn | 53.60 Bn | - | 0.45 |
| 5 | Public Storage | 49.85 Bn | 48.94 Bn | - | 0.78 |
| 6 | Ventas | 43.09 Bn | 42.28 Bn | - | 0.28 |
| 7 | Extra Space Storage | 28.15 Bn | 28.15 Bn | 642.43 Mn | 0.77 |
| 8 | Vici Properties | 24.95 Bn | 23.07 Bn | 1.05 Bn | 1.08 |
| 9 | Vivmark Residential | 22.41 Bn | 22.60 Bn | - | 0.43 |
| 10 | First Industrial Realty Trust | 7.88 Bn | 7.97 Bn | - | 1.13 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.13 |
| Mar 31, 2026 | 2.37 |
| Dec 31, 2025 | 1.31 |
| Sep 30, 2025 | 1.08 |
| Jun 30, 2025 | 0.91 |
| Mar 31, 2025 | 0.96 |
| Dec 31, 2024 | 1.37 |
| Sep 30, 2024 | 1.98 |
| Jun 30, 2024 | 1.02 |
| Mar 31, 2024 | 1.58 |
| Dec 31, 2023 | 2.06 |
| Sep 30, 2023 | 1.73 |
| Jun 30, 2023 | 1.26 |
| Mar 31, 2023 | 1.41 |
| Dec 31, 2022 | 2.06 |
| Sep 30, 2022 | 3.12 |
| Jun 30, 2022 | 2.95 |
| Mar 31, 2022 | 1.00 |
| Dec 31, 2021 | 3.19 |
| Sep 30, 2021 | 1.19 |
First Industrial Realty Trust Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=FR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "FR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=FR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();