FWRD Dividend History & Analysis | N/A Yield

FWRD has a dividend yield of N/A and paid N/A per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m -
Payout Ratio -
Growth Rate CAGR 5y -100.00%
Consistency Lifetime 67.9%
Yield on Cost 5y -
Payout FCF -
Streak Years -
Dividend Rating 9.25%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.
■ Yield (right) | ■ Price (left) | ┅ Avg Yield
Total Return 12m: -7.2%
Total Return 5y: -61.2%

Top Dividend Payers in Air Freight & Logistics

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
DHL 64,398 M 5.01% 5.43%
CHRW 23,697 M 2.15% 3.12%
FDX 85,878 M 2.35% 2.45%
HUBG 2,913 M 1.35% 1.75%
EXPD 22,228 M 1.22% 1.72%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
FDX 85,878 M 18.6% 99.8%
UPS 90,116 M 12.6% 99.6%
ZTO 17,413 M 27.0% 93.1%
EXPD 22,228 M 7.34% 95.7%
DHL 64,398 M 8.20% 97.2%

Quality Dividend Peers in Air Freight & Logistics

UPS
United Parcel Service
 6.71% Yield
FDX
FedEx
 2.35% Yield
DHL
Deutsche Post
 5.01% Yield
CHRW
CH Robinson Worldwide
 2.15% Yield
EXPD
Expeditors
 1.22% Yield
ZTO
ZTO Express (Cayman)
 3.54% Yield

FWRD Dividend History: Last 50 Payments (USD) as of February 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2023-11-21 2023-11-22 2023-12-07 Quarterly 0.24 0% 0.37%
2023-08-16 2023-08-17 2023-09-07 Quarterly 0.24 0% 0.36%
2023-05-24 2023-05-25 2023-06-13 Quarterly 0.24 0% 0.25%
2023-03-01 2023-03-02 2023-03-17 Quarterly 0.24 0% 0.23%
2022-11-22 2022-11-23 2022-12-08 Quarterly 0.24 0% 0.22%
2022-08-17 2022-08-18 2022-09-08 Quarterly 0.24 0% 0.22%
2022-05-25 2022-05-26 2022-06-14 Quarterly 0.24 0% 0.26%
2022-03-02 2022-03-03 2022-03-18 Quarterly 0.24 14.3% 0.24%
2021-11-23 2021-11-24 2021-12-09 Quarterly 0.21 0% 0.2%
2021-08-19 2021-08-20 2021-09-09 Quarterly 0.21 0% 0.24%
2021-05-26 2021-05-27 2021-06-14 Quarterly 0.21 0% 0.22%
2021-03-03 2021-03-04 2021-03-19 Quarterly 0.21 0% 0.24%
2020-11-24 2020-11-25 2020-12-10 Quarterly 0.21 16.7% N/A
2020-08-19 2020-08-20 2020-09-09 Quarterly 0.18 0% N/A
2020-05-21 2020-05-25 2020-06-10 Quarterly 0.18 0% N/A
2020-03-04 2020-03-05 2020-03-20 Quarterly 0.18 0% N/A
2019-11-20 2019-11-21 2019-12-06 Quarterly 0.18 0% N/A
2019-08-21 2019-08-22 2019-09-06 Quarterly 0.18 0% N/A
2019-05-23 2019-05-24 2019-06-07 Quarterly 0.18 0% N/A
2019-03-06 2019-03-07 2019-03-22 Quarterly 0.18 0% N/A
2018-11-21 2018-11-23 2018-12-07 Quarterly 0.18 20% N/A
2018-08-22 2018-08-23 2018-09-07 Quarterly 0.15 0% N/A
2018-05-24 2018-05-25 2018-06-08 Quarterly 0.15 0% N/A
2018-03-07 2018-03-08 2018-03-23 Quarterly 0.15 0% N/A
2017-11-21 2017-11-23 2017-12-08 Quarterly 0.15 0% N/A
2017-08-23 2017-08-25 2017-09-08 Quarterly 0.15 0% N/A
2017-05-23 2017-05-25 2017-06-09 Quarterly 0.15 0% N/A
2017-03-07 2017-03-09 2017-03-24 Quarterly 0.15 0% N/A
2016-11-21 2016-11-23 2016-12-09 Quarterly 0.15 25% N/A
2016-08-18 2016-08-22 2016-09-06 Quarterly 0.12 0% N/A
2016-05-26 2016-05-31 2016-06-13 Quarterly 0.12 0% N/A
2016-03-08 2016-03-10 2016-03-28 Quarterly 0.12 0% N/A
2015-11-19 2015-11-23 2015-12-08 Quarterly 0.12 0% N/A
2015-08-20 2015-08-24 2015-09-08 Quarterly 0.12 0% N/A
2015-05-22 2015-05-27 2015-06-12 Quarterly 0.12 0% N/A
2015-03-10 2015-03-12 2015-03-27 Quarterly 0.12 0% N/A
2014-11-19 2014-11-21 2014-12-08 Quarterly 0.12 0% N/A
2014-08-19 2014-08-21 2014-09-05 Quarterly 0.12 0% N/A
2014-05-21 2014-05-23 2014-06-06 Quarterly 0.12 0% N/A
2014-03-06 2014-03-10 2014-03-24 Quarterly 0.12 20% N/A
2013-11-20 2013-11-23 2013-12-09 Quarterly 0.1 0% N/A
2013-08-21 2013-08-23 2013-09-07 Quarterly 0.1 0% N/A
2013-05-21 2013-05-23 2013-06-06 Quarterly 0.1 0% N/A
2013-03-06 2013-03-08 2013-03-22 Quarterly 0.1 0% N/A
2012-11-20 2012-11-25 2012-12-10 Quarterly 0.1 0% N/A
2012-08-21 2012-08-23 2012-09-07 Quarterly 0.1 42.9% N/A
2012-05-21 2012-05-23 2012-06-07 Quarterly 0.07 0% N/A
2012-03-06 2012-03-08 2012-03-23 Quarterly 0.07 0% N/A
2011-11-22 2011-11-26 2011-12-11 Quarterly 0.07 0% N/A
2011-08-22 2011-08-24 2011-09-08 Quarterly 0.07 0% N/A

FWRD Dividend FAQ

Forward Air Corp. (NASDAQ:FWRD) runs an asset-light freight and logistics network across North America, Europe, and Asia, organized into three operating segments: Expedited Freight (regional LTL and dedicated-fleet services), Omni Logistics (global air/ocean consolidation, customs brokerage, and warehousing), and Intermodal (container drayage and CFS handling). The company primarily serves freight forwarders, third-party logistics providers, airlines, steamship lines, and large retailers.

What is the Dividend Yield of FWRD?

As of February 2026, FWRD`s dividend yield is %. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of - USD by the current share price of 29.89.

Does FWRD pay a dividend?

As of February 2026 FWRD does not pay a dividend.

How often does FWRD pay dividends?

Over the last 12 months, FWRD has issued 0 dividend payments. The last dividend payment was made on 2023-11-21.

FWRD dividend forecast

Based on historical data, the forecasted dividends per share for FWRD for the next 4 payments are between 0.245 (+2.1%) and 0.274 (+14.2%).
This indicates a solid dividend increase compared to the last payment.

Will FWRD pay dividends in 2026?

The latest dividend paid per share was 0.24 USD with an Ex-Dividend Date of 2023-11-21. The next Ex-Dividend date for Forward Air (FWRD) is currently unknown.

What is the next Ex-Dividend Date for FWRD?

The next Ex-Dividend date for Forward Air (FWRD) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of FWRD?

FWRD's average dividend growth rate over the past 5 years is -100% per year.
Negative growth: FWRD's Dividend growth is negative and declining.

What is the Yield on Cost of FWRD?

FWRD's 5-Year Yield on Cost is -%. If you bought FWRD's shares at 77.00 USD five years ago, your current annual dividend income (- USD per share, trailing 12 months) equals -% of your original purchase price.

What is the Payout Consistency of FWRD?

FWRD Payout Consistency is 67.9%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Unstable: Forward Air has an inconsistent track record of dividend payments over its lifetime.

Does FWRD have a good Dividend Yield?

FWRD`s % Dividend Yield is considered as unknown.

What is the Dividend Payout Ratio of FWRD?

The Dividend Payout Ratio of FWRD is unknown.

What is the Dividend Rating of FWRD?

FWRD`s Overall Dividend Rating is 9.25%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

FWRD Outstanding Shares Analysis

What is the Trend in FWRD's Outstanding Shares?

Forward Air's outstanding shares have increased by approximately 9.84% annually over the past 3 years (Trend Reliability: 100.0%).

Significant dilution: Heavy share issuance is diluting existing shareholders. Even if total dividends paid increase, your dividend per share may stagnate or decline.

Has FWRD ever had a Stock Split?

Yes, the last stock split was on Apr 4, 2005 with a ratio of 3:2.

This was a forward split: Each share became 1.5 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

Year Number of Shares Annual Growth Rate
1994 26,236,900
1995 26,433,300 +0.75%
1996 26,761,600 +1.24%
1997 27,725,600 +3.6%
1998 29,496,300 +6.39%
1999 32,778,600 +11.13%
2000 31,784,500 -3.03%
2001 33,388,600 +5.05%
2002 32,610,000 -2.33%
2003 32,941,900 +1.02%
2004 32,196,300 -2.26%
2005 31,451,400 -2.31%
2006 30,273,500 -3.75%
2007 28,982,000 -4.27%
2008 28,906,000 -0.26%
2009 29,074,000 +0.58%
2010 29,371,000 +1.02%
2011 29,363,000 -0.03%
2012 29,716,000 +1.2%
2013 31,129,000 +4.76%
2014 30,804,000 -1.04%
2015 30,970,700 +0.54%
2016 30,252,400 -2.32%
2017 29,725,200 -1.74%
2018 28,829,000 -3.01%
2019 28,432,900 -1.37%
2020 26,135,300 -8.08%
2021 27,157,700 +3.91%
2022 26,701,000 -1.68%
2023 25,670,700 -3.86%
2024 29,367,700 +14.4%
2025 30,972,000 +5.46%

Key Metric Definitions

Dividend Yield
Annual dividend per share divided by current share price.
Payout Ratio
Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.
Payout FCF
Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.
Growth Rate (CAGR)
Compound annual growth rate of dividends over the last 5 years.
Consistency
Reliability of dividend payments over lifetime. Penalizes cuts and pauses.
Yield on Cost
Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.
Streak
Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.
Dividend Rating
Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-02-03 04:24