First Industrial Realty Trust Announces $0.445 Common Stock Dividend

First Industrial Realty Trust has declared a common stock dividend of $0.445 per share/unit for Q3 2025, payable on October 20, 2025 to stockholders of record on September 30, 2025. The company is a leading owner, operator, and developer of industrial real estate with a portfolio of approximately 70.5 million square feet of industrial space as of June 30, 2025.

First Industrial Realty Trust, Inc. (NYSE: FR) has announced a common stock dividend of $0.445 per share/unit for the quarter ending September 30, 2025, payable on October 20, 2025. This dividend is a significant milestone for the company, which is a leading owner, operator, and developer of industrial real estate with a portfolio of approximately 70.5 million square feet of industrial space as of June 30, 2025 [1].

The dividend is part of the company's ongoing strategy to distribute value to its shareholders while continuing to invest in its portfolio. First Industrial Realty Trust's portfolio is concentrated in 15 target MSAs (Metropolitan Statistical Areas) with an emphasis on supply-constrained, coastally oriented markets. The company's integrated operating and investing platform provides high-quality facilities and industry-leading customer service to multinational corporations and regional firms essential for their supply chains [1].

The declaration of the dividend comes amidst a challenging retail environment, where e-commerce and shifting consumer preferences have significantly impacted traditional retail real estate. However, First Industrial Realty Trust has positioned itself to capitalize on the hybridization of retail and industrial demand, as seen in its acquisition of Crabtree Mall in Raleigh, North Carolina [2].

First Industrial Realty Trust's forward-looking statements highlight the company's ability to navigate the complexities of the real estate market. The company's success in managing its portfolio and executing strategic acquisitions is a testament to its operational excellence and commitment to shareholder value. As the company continues to invest in its portfolio and execute its growth strategy, investors can expect to see consistent NOI (Net Operating Income) growth, even in a challenging retail environment [2].

References:
[1] https://www.prnewswire.com/news-releases/first-industrial-realty-trust-declares-common-stock-dividends-302528213.html
[2] https://www.ainvest.com/news/macerich-strategic-acceleration-crabtree-acquisition-130m-sno-pipeline-position-reit-retail-industrial-real-estate-outperformance-2508/