Terreno Realty Corporation (TRNO) Dividend History
Income profile from 2011 to 2026 with payout safety and yield-on-cost trend
3-Second Income Check
Safety
Payout ratio data not available yet.
Consistency
15 straight years of dividend increases.
Income Trend
Yield on cost is 3.0% and trend is rising.
Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
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.
Income Growth Story
Dividend per share and yield on cost over time (16 years of payments)
Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Terreno Realty Corporation has limited earnings payout data (Unknown). When measured against free cash flow—a stricter test—the payout ratio stands at 65.8%, rated "Adequate".
Piotroski F-Score: 4/9 — moderate financial health.
Growth Track Record
TRNO has raised its dividend for 15 consecutive years, with a 3-year CAGR of 4.1% and 5-year CAGR of 8.3%.
Total Shareholder Returns
Beyond cash dividends, TRNO returns capital through share repurchases. The combined picture: 3.0% dividend yield, 0.0% buyback yield, 3.1% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 3.0% and is currently rising. The 5-year total return is 31.3%, with dividends contributing 14.2% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $35,552 today.
Recent Dividend Payments
Last 20 payments · Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Mar 27, 2026Latest | $0.5200 | ↑ +202.3% | 2.58% | Apr 10, 2026 |
| Dec 15, 2025 | $0.1720 | ↓ -66.9% | 2.76% | 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 |
| Jun 28, 2024 | $0.4500 | — | 3.04% | Jul 12, 2024 |
Dividend Peer Comparison
Peer group: Industrial Logistics Warehouse REITs
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
TRNOTerreno Realty Corpo… | $6.8B | 3.0% | — | 15 | Unknown |
PLDPrologis, Inc. | $132.4B | 2.6% | 95.7% | 11 | At Risk |
EGPEastGroup Properties… | $10.5B | 2.6% | 1.1% | 6 | Sustainable |
REXRRexford Industrial R… | $8.7B | 0.1% | 3.4% | 0 | Sustainable |
FRFirst Industrial Rea… | $8.4B | 2.3% | 67.3% | 13 | Watch |
2nd STAGSTAG Industrial, Inc… | $7.3B | 3.9% | — | 2 | Unknown |
3rd GRP-UNGranite Real Estate … | $3.9B | 3.7% | 57.6% | 4 | Sustainable |
LXPLXP Industrial Trust | $2.9B | 0.6% | — | 0 | Unknown |
1st PLYMPlymouth Industrial … | $979M | 4.4% | 31.3% | 1 | Sustainable |
Annual Dividend History
17 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.52 | — | 1 | — | — | — | 0.9% |
| 2025 | $1.67 | -11.1% | 4 | $3.92 | 42.7% | 2.34x | 3.0% |
| 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% |
See TRNO's True Return
Price is only half the story. See total return with reinvested dividends.
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See how TRNO stacks up against sector leader Welltower Inc..
Start ComparisonFrequently Asked Questions
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 +3.0%. Payments are made 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 Annual.
Is TRNO's dividend safe?
TRNO's dividend safety is rated "Unknown" based on an earnings payout ratio of N/A and FCF payout ratio of +65.8%. 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 +8.3%, demonstrating above-inflation dividend growth.
How often does TRNO pay dividends?
Terreno Realty Corporation pays dividends 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 $13,130 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 +3.0% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +3.0% market yield, thanks to consistent dividend growth.