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Forward Air (Forward Air) Dividend Yield %

: 2.94% (As of Today)
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As of today (2024-04-16), the Trailing Annual Dividend Yield of Forward Air is 2.94%.

Good Sign:

Forward Air Corp stock dividend yield is close to 10-year high.

The historical rank and industry rank for Forward Air's Dividend Yield % or its related term are showing as below:

FWRD' s Dividend Yield % Range Over the Past 10 Years
Min: 0.69   Med: 1.01   Max: 3.91
Current: 2.94

During the past 13 years, the highest Dividend Yield of Forward Air was 3.91%. The lowest was 0.69%. And the median was 1.01%.

FWRD's Dividend Yield % is ranked better than
60.67% of 623 companies
in the Transportation industry
Industry Median: 2.96 vs FWRD: 2.94

Forward Air's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.30.

During the past 13 years, the highest Dividend Payout Ratio of Forward Air was 0.40. The lowest was 0.15. And the median was 0.25.

As of today (2024-04-16), the Forward Dividend Yield % of Forward Air is 3.91%.

Forward Air's Dividends per Share for the three months ended in Dec. 2023 was $0.24.

During the past 3 years, the average Dividends Per Share Growth Rate was 8.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Forward Air was 19.70% per year. The lowest was 5.30% per year. And the median was 9.50% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Forward Air Dividend Yield % Historical Data

The historical data trend for Forward Air's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Forward Air Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.03 0.98 0.69 0.91 1.53

Forward Air Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.91 0.89 0.90 1.40 1.53

Competitive Comparison

For the Integrated Freight & Logistics subindustry, Forward Air's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Forward Air Dividend Yield % Distribution

For the Transportation industry and Industrials sector, Forward Air's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Forward Air's Dividend Yield % falls into.



Forward Air Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Forward Air Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2402023-11-212023-11-222023-12-07Cash DividendquarterlyUSD:USD 1.000000
USD 0.2402023-08-162023-08-172023-09-07Cash DividendquarterlyUSD:USD 1.000000
USD 0.2402023-05-242023-05-252023-06-13Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Forward Air's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.72/24.53
=2.94 %

Current Share Price is $24.53.
Forward Air's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.72.

Forward Air's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.96/24.53
=3.91 %

Current Share Price is $24.53.
Forward Air's Dividends per Share for the forward twelve months is calculated as $0.24 * 4 = $0.96.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Forward Air  (NAS:FWRD) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Forward Air Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Forward Air's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Forward Air (Forward Air) Business Description

Traded in Other Exchanges
N/A
Address
1915 Snapps Ferry Road, Building N, Greeneville, TN, USA, 37745
Forward Air Corp is an asset-light freight and logistics company. The company's operating segment includes Expedited Freight and Intermodal. It generates maximum revenue from the Expedited Freight segment. Expedited Freight segment operates a comprehensive national network to provide expedited regional, inter-regional and national LTL (less-than-truckload) services. It also offers customers local pick-up and delivery and other services including final mile, truckload, shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling.
Executives
Chris C Ruble officer: Sr. Vice President, Operations PO BOX 1058, GREENVILLIE TN 37744
Kyle R Mitchin officer: Senior VP, Human Resources 1915 SNAPPS FERRY ROAD, BUILDING N, GREENEVILLE TN 37745
Nancee L Ronning officer: Chief Commercial Officer 1915 SNAPPS FERRY ROAD, BUILDING N, GREENEVILLE TN 37745
Javier Polit director 1915 SNAPPS FERRY ROAD, BUILDING N, GREENEVILLE TN 37745
Mayes George S Jr director 5995 MAYFAIR ROAD, NORTH CANTON OH 44720
Craig Carlock director C/O THE FRESH MARKET, INC., 628 GREEN VALLEY ROAD, SUITE 500, GREENSBORO NC 27408
George M Lynch director 2566 KENT RIDGE COURT, BLOOMFIELD HILLS MI 48025
C Robert Campbell director 800 DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES FL 33134
Michael L Hance officer: Senior VP, CLO and Secretary 430 AIRPORT ROAD, GREENEVILLE TN 37745
Chitra Nayak director 1400 16TH STREET, SAN FRANCISCO CA 94103
Thomas Schmitt officer: President & CEO 1915 SNAPPS FERRY ROAD, BUILDING N, GREENEVILLE TN 37745
Ronald W Allen director P O BOX 1734, ATLANTA GA 30301
Laurie Anne Tucker director 65 MARYS CREEK COVE NORTH, EADS TN 38028
Scott M Niswonger director, 10 percent owner, officer: CEO & Chairman 165 MADISON AVENUE, MEMPHIS TN 38103
Rebecca J Garbrick officer: CAO, VP and Controller 1915 SNAPPS FERRY ROAD, BUILDING N, GREENEVILLE TN 37745