STOCK DIVIDEND AND STOCK SPLIT
The most common method for companies to distribute wealth among shareholders is to pay dividends in the form of cash or stock. When a company has a low level of liquid cash on hand, stock dividends are typically issued in lieu of cash dividends. It is the board of directors that decides whether a dividend should be declared and in what form it should be distributed. Dividend yield is also a financial ratio that shows how much a company pays out in dividends on its shares each year, which is something investors look for in a stock.
Dividend Rate
Trailing Annual Dividend Rate
$0.72
Forward Annual Dividend Rate
$0.96
Yield
Trailing Annual Dividend Yield
2.94%
Forward Annual Dividend Yield
N/A
Dividend Date
Dividend Date
Dec 07, 2023
Ex-dividend Date
Nov 21, 2023
1.26 %
N/A
Dividend History
| Announced | Amount | Ex-Dividend Date | Record Date | Payment Date |
|---|---|---|---|---|
| Oct 24, 2023 | 0.24 | Nov 21, 2023 | Nov 22, 2023 | Dec 07, 2023 |
| Aug 02, 2023 | 0.24 | Aug 16, 2023 | Aug 17, 2023 | Sep 07, 2023 |
| May 01, 2023 | 0.24 | May 24, 2023 | May 25, 2023 | Jun 13, 2023 |
| Feb 07, 2023 | 0.24 | Mar 01, 2023 | Mar 02, 2023 | Mar 17, 2023 |
| Oct 26, 2022 | 0.24 | Nov 22, 2022 | Nov 23, 2022 | Dec 08, 2022 |
| Jul 27, 2022 | 0.24 | Aug 17, 2022 | Aug 18, 2022 | Sep 08, 2022 |
| Apr 25, 2022 | 0.24 | May 25, 2022 | May 26, 2022 | Jun 14, 2022 |
| Feb 09, 2022 | 0.24 | Mar 02, 2022 | Mar 03, 2022 | Mar 18, 2022 |
| Oct 26, 2021 | 0.21 | Nov 23, 2021 | Nov 24, 2021 | Dec 09, 2021 |
| Jul 27, 2021 | 0.21 | Aug 19, 2021 | Aug 20, 2021 | Sep 09, 2021 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Apr 04, 2005 | 3:2 | -2.04% | -0.65% |
| Jan 31, 2000 | 3:2 | -6.35% | -2.78% |
| Mar 22, 1999 | 2:1 | +6.27% | -1.26% |
Frequently Asked Questions
Is Forward Air Corporation (FWRD) a dividend paying company?
In a company, dividends are a portion of profits paid out to shareholders - investors getting a little bit back on their investment. In particular, dividends benefit investors, especially income-seeking investors, because they provide mutual benefits both to companies and investors. Dividends are a strong indicator for a company's ability to produce profits consistently and reflect favorably on its management. Forward Air Corporation is also among the companies that regularly pay dividends.
What is FWRD's dividend yield?
Many factors affect dividend yields, including global market conditions, interest rates, and the financial status of an individual company.However, the average dividend yield for a good company is between 2% and 6%. FWRD's annual dividend yield for the trailing 12 months is 2.94.
When did FWRD last pay a dividend?
FWRD last paid dividends on 2023-12-07, with the ex-dividend date being 2023-11-21.
When was the last time FWRD stock split?
FWRD stock split took place on 04-04-2005.
How did FWRD's stock split work?
Its last split took place on Apr 4, 2005, when Forward Air Corporation went through a 3:2 split leaving the shareholder with 3 share(s) who previously owned 2 FWRD share(s).