Trailing Dividend / Share
$0.00
Forward Air Corporation (FWRD) Dividend History
Income profile from 1998 to 2025 with payout safety and yield-on-cost trend
Dividend Yield
N/A
Payout Ratio
N/A
Unknown
Dividend Streak
0 years
FWRD Dividend Income Check
Safety
Payout ratio data not available yet.
Consistency
0 straight years of dividend increases.
Income Trend
Yield on cost trend needs more history.
FWRD Dividend Scorecard
Yield & Income
Dividend YieldN/A
Trailing DPS$0.00
FrequencyQuarterly
Payments / 12M0
Payout Safety
Earnings PayoutN/A
Earnings SafetyUnknown
FCF PayoutN/A
FCF SafetyUnknown
Piotroski F-Score5/9
Growth
Growth Streak0 years
3Y CAGR4.6%
5Y CAGR5.9%
Yield on Cost (5Y)N/A
YOC Trendunknown
Total Returns
Buyback Yield0.2%
Total Shareholder Yield0.2%
1Y Total Return-38.5%
5Y Total Return-81.8%
Div Contribution (5Y)2.7%
Estimated $10K growth (return + dividends):
5Y ago$1,82010Y ago$4,20320Y ago$5,938
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
FWRD Income Growth Story
Dividend per share and yield on cost over time (20 years of payments)
FWRD Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
Forward Air Corporation has limited earnings payout data (Unknown).
Piotroski F-Score: 5/9 — moderate financial health.
Growth Track Record
FWRD does not have a current streak of consecutive dividend increases, with a 3-year CAGR of 4.6% and 5-year CAGR of 5.9%.
Total Shareholder Returns
Beyond cash dividends, FWRD returns capital through share repurchases. The combined picture: 0.2% buyback yield, 0.2% total shareholder yield.
Income Trend & Total Return
The 5-year total return is -81.8%, with dividends contributing 2.7% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $4,203 today.
FWRD Recent Dividend Payments
Last 20 payments · Quarterly
TTM Total$4.23
Avg/Payment$0.2115
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Nov 21, 2023Latest | $0.2400 | — | 1.48% | Dec 7, 2023 |
| Aug 16, 2023 | $0.2400 | — | 1.49% | Sep 7, 2023 |
| May 24, 2023 | $0.2400 | — | 1.01% | Jun 13, 2023 |
| Mar 1, 2023 | $0.2400 | — | 92.25% | Mar 17, 2023 |
| Nov 22, 2022 | $0.2400 | — | 87.78% | Dec 8, 2022 |
| Aug 17, 2022 | $0.2400 | — | 87.10% | Sep 8, 2022 |
| May 25, 2022 | $0.2400 | — | 97.19% | Jun 14, 2022 |
| Mar 2, 2022 | $0.2400 | ↑ +14.3% | 84.46% | Mar 18, 2022 |
FWRD Dividend vs Peers
Comparable companies in the same industry
Div Yield
—
—
Safety
Unknown
— payout
Streak
0Y
5.9% 5Y CAGR
Total Shareholder
0.2%
#6 of 6
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| FWRDForward Air Corporat… | $431M | — | — | 0 | Unknown |
 ARCBArcBest Corporation | $3.2B | 0.3% | 18.3% | 0 | Sustainable |
 ODFLOld Dominion Freight… | $46.1B | 0.5% | 23.0% | 9 | Sustainable |
1st  TFIITFI International In… | $11.9B | 1.7% | 48.7% | 10 | Sustainable |
2nd  CHRWC.H. Robinson Worldw… | $21.9B | 1.3% | 51.3% | 29 | Sustainable |
3rd  EXPDExpeditors Internati… | $21.5B | 0.9% | 25.5% | 31 | Sustainable |
FWRD Annual Dividend History (1993–2025)
33 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | — | 0 | $-3.48 | — | — | — |
| 2024 | $0.00 | -100.0% | 0 | $-29.66 | — | — | — |
| 2023 | $0.96 | 0.0% | 4 | $0.43 | 223.3% | 0.45x | 1.3% |
| 2022 | $0.96 | 14.3% | 4 | $7.14 | 13.4% | 7.44x | 1.3% |
| 2021 | $0.84 | 12.0% | 4 | $3.85 | 21.8% | 4.58x | 1.1% |
| 2020 | $0.75 | 4.2% | 4 | $0.84 | 89.3% | 1.12x | 1.0% |
| 2019 | $0.72 | 14.3% | 4 | $3.04 | 23.7% | 4.22x | 0.9% |
| 2018 | $0.63 | 5.0% | 4 | $3.15 | 20.0% | 5.00x | 0.8% |
| 2017 | $0.60 | 17.6% | 4 | $2.89 | 20.8% | 4.82x | 0.8% |
| 2016 | $0.51 | 6.3% | 4 | $0.90 | 56.7% | 1.76x | 0.7% |
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
28+ years return with dividends reinvested.
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Peer Comparison
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FWRD — Frequently Asked Questions
Quick answers to the most common questions about buying FWRD stock.
How much dividend does FWRD pay per share?
Forward Air Corporation (FWRD) pays a trailing 12-month dividend of N/A per share, with a current dividend yield of N/A. Payments are made Quarterly.
When is FWRD's next ex-dividend date?
FWRD's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. FWRD typically pays dividends Quarterly.
Is FWRD's dividend safe?
FWRD's dividend safety is rated "Unknown" based on an earnings payout ratio of N/A and FCF payout ratio of N/A. The dividend history does not yet show a prolonged growth streak.
How many years has FWRD increased its dividend?
FWRD has not maintained a consecutive growth streak recently. The 5-year dividend CAGR is +5.9%.
How often does FWRD pay dividends?
Forward Air Corporation pays dividends Quarterly. The trailing 12-month total is N/A per share. Dividend data on this page covers 27+ years from 1998 to 2025.
How much would $10,000 invested in FWRD grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in FWRD five years ago would be worth approximately $1,820 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is FWRD's yield on cost for long-term holders?
FWRD's yield on cost — the current dividend divided by the original purchase price — is N/A for a 5-year holding period. This means long-term holders earn a higher effective yield than today's N/A market yield, thanks to consistent dividend growth.