Trailing Dividend / Share
$1.98
Terreno Realty Corporation (TRNO) Dividend History
Income profile from 2011 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
3.1%
Payout Ratio
50.6%
Sustainable
Dividend Streak
15 years
TRNO Dividend Income Check
Safety
50.6% payout ratio with sustainable safety profile.
Consistency
15 straight years of dividend increases.
Income Trend
Yield on cost is 3.6% and trend is rising.
TRNO Dividend Scorecard
Yield & Income
Dividend Yield3.1%
Trailing DPS$1.98
FrequencySemi-Annual
Payments / 12M5
Payout Safety
Earnings Payout50.6%
Earnings SafetySustainable
FCF Payout103.8%
FCF SafetyStretched
Piotroski F-Score5/9
Growth
Growth Streak15 years
3Y CAGR10.9%
5Y CAGR12.5%
Yield on Cost (5Y)3.6%
YOC Trendrising
Total Returns
Buyback Yield0.0%
Total Shareholder Yield3.1%
1Y Total Return14.1%
5Y Total Return12.1%
Div Contribution (5Y)13.2%
Estimated $10K growth (return + dividends):
5Y ago$11,20810Y ago$30,94020Y ago$43,147
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.
TRNO Income Growth Story
Dividend per share and yield on cost over time (16 years of payments)
TRNO Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Dividend Analysis
Payout Safety
Terreno Realty Corporation distributes 50.6% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 103.8%, rated "Stretched".
Piotroski F-Score: 5/9 — moderate financial health.
Growth Track Record
TRNO has raised its dividend for 15 consecutive years, with a 3-year CAGR of 10.9% and 5-year CAGR of 12.5%.
Total Shareholder Returns
Beyond cash dividends, TRNO returns capital through share repurchases. The combined picture: 3.1% dividend yield, 3.1% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 3.6% and is currently rising. The 5-year total return is 12.1%, with dividends contributing 13.2% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $30,940 today.
FCF payout is stretched — the dividend consumes a large share of free cash flow.
TRNO Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$8.80
Avg/Payment$0.4400
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Jun 26, 2026Latest | $0.5200 | — | 3.25% | Jul 10, 2026 |
| Mar 27, 2026 | $0.5200 | — | 3.38% | Apr 10, 2026 |
| Dec 15, 2025 | $0.5200 | — | 3.33% | Jan 9, 2026 |
| Sep 29, 2025 | $0.5200 | ↑ +6.1% | 3.52% | Oct 10, 2025 |
| Jun 27, 2025 | $0.4900 | — | 3.49% | Jul 11, 2025 |
| Mar 27, 2025 | $0.4900 | — | 3.04% | Apr 4, 2025 |
| Dec 13, 2024 | $0.4900 | — | 3.02% | Jan 7, 2025 |
| Sep 30, 2024 | $0.4900 | ↑ +8.9% | 2.75% | Oct 11, 2024 |
TRNO Dividend vs Peers
Comparable companies in the same industry
#4 yield in peer group
Div Yield
3.1%
#4 of 8
Safety
Sustainable
50.6% payout
Streak
15Y
12.5% 5Y CAGR
Total Shareholder
3.1%
#4 of 8
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| TRNOTerreno Realty Corpo… | $6.8B | 3.1% | 50.6% | 15 | Sustainable |
 PLDPrologis, Inc. | $134.6B | 2.8% | 1.1% | 12 | Sustainable |
 EGPEastGroup Properties… | $10.7B | 2.8% | 1.2% | 14 | Sustainable |
1st  REXRRexford Industrial R… | $7.9B | 5.4% | 1.9% | 13 | Sustainable |
 FRFirst Industrial Rea… | $8.2B | 2.8% | 93.4% | 12 | At Risk |
3rd  STAGSTAG Industrial, Inc… | $7.2B | 4.0% | 1.0% | 15 | Sustainable |
 ILPTIndustrial Logistics… | $540M | 1.5% | — | 1 | Unknown |
2nd  PLYMPlymouth Industrial … | $979M | 4.4% | 31.3% | 0 | Sustainable |
TRNO Annual Dividend History (2010–2026)
17 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $1.04 | — | 2 | — | — | — | 1.9% |
| 2025 | $2.02 | 7.4% | 4 | $3.92 | 51.5% | 1.94x | 3.6% |
| 2024 | $1.88 | 10.6% | 4 | $1.92 | 97.9% | 1.02x | 3.4% |
| 2023 | $1.70 | 14.9% | 4 | $1.81 | 93.9% | 1.06x | 3.0% |
| 2022 | $1.48 | 17.5% | 4 | $2.61 | 56.7% | 1.76x | 2.6% |
| 2021 | $1.26 | 12.5% | 4 | $0.87 | 144.8% | 0.69x | 2.3% |
| 2020 | $1.12 | 9.8% | 4 | $0.86 | 130.2% | 0.77x | 2.0% |
| 2019 | $1.02 | 10.9% | 4 | $0.53 | 192.5% | 0.52x | 1.8% |
| 2018 | $0.92 | 9.5% | 4 | $1.10 | 83.6% | 1.20x | 1.6% |
| 2017 | $0.84 | 10.5% | 4 | $0.95 | 88.4% | 1.13x | 1.5% |
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
15+ years return with dividends reinvested.
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DCA Calculator
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Peer Comparison
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TRNO — Frequently Asked Questions
Quick answers to the most common questions about buying TRNO stock.
How much dividend does TRNO pay per share?
Terreno Realty Corporation (TRNO) pays a trailing 12-month dividend of $1.98 per share, with a current dividend yield of +3.1%. Payments are made Semi-Annual.
When is TRNO's next ex-dividend date?
TRNO's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. TRNO typically pays dividends Semi-Annual.
Is TRNO's dividend safe?
TRNO's dividend safety is rated "Sustainable" based on an earnings payout ratio of +50.6% and FCF payout ratio of +103.8%. With 15 consecutive years of dividend growth, the track record supports sustainability.
Is TRNO a Dividend Achiever?
Yes, Terreno Realty Corporation is classified as a Dividend Achiever with 15 consecutive years of dividend increases. The 5-year dividend CAGR is +12.5%, demonstrating above-inflation dividend growth.
How often does TRNO pay dividends?
Terreno Realty Corporation pays dividends Semi-Annual. The trailing 12-month total is $1.98 per share. Dividend data on this page covers 15+ years from 2011 to 2026.
How much would $10,000 invested in TRNO grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in TRNO five years ago would be worth approximately $11,208 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is TRNO's yield on cost for long-term holders?
TRNO's yield on cost — the current dividend divided by the original purchase price — is +3.6% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +3.1% market yield, thanks to consistent dividend growth.