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Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United States and Canada. It operates in two segments, Expedited Freight and Intermodal. The Expedited Freight segment provides expedited regional, inter-regional, and national less-than-truckload services; local pick-up and delivery services; and other services, which include final mile, truckload, shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling. This segment also offers expedited truckload brokerage, dedicated fleet, and high security and temperature-controlled logistics services. The Intermodal segment provides intermodal container drayage services; and contract, and container freight station warehouse and handling services. It serves freight forwarders, third-party logistics companies, integrated air cargo carriers and passenger, passenger and cargo airlines, steamship lines, and retailers. Forward Air Corporation was founded in 1981 and is headquartered in Greeneville, Tennessee.

Forward Air Dividend Announcement

Forward Air announced a quarterly dividend of $0.24 per ordinary share which will be made payable on 2023-12-07. Ex dividend date: 2023-11-21
Forward Air annual dividend for 2023 was $0.96
Forward Air's trailing twelve-month (TTM) dividend yield is 0.71%
Forward Air's payout ratio for the trailing twelve months (TTM) is -1.65%
Forward Air's dividend growth over the last five years (2018-2023) was 8.79% year
Forward Air's dividend growth over the last ten years (2013-2023) was 9.15% year

Forward Air Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-11-21$0.24quarterly2023-12-07
2023-08-16$0.24quarterly2023-09-07
2023-05-24$0.24quarterly2023-06-13
2023-03-01$0.24quarterly2023-03-17
2022-11-22$0.24quarterly2022-12-08
2022-08-17$0.24quarterly2022-09-08
2022-05-25$0.24quarterly2022-06-14
2022-03-02$0.24quarterly2022-03-18
2021-11-23$0.21quarterly2021-12-09
2021-08-19$0.21quarterly2021-09-09
2021-05-26$0.21quarterly2021-06-14
2021-03-03$0.21quarterly2021-03-19
2020-11-24$0.21quarterly2020-12-10
2020-08-19$0.18quarterly2020-09-09
2020-05-21$0.18quarterly2020-06-10
2020-03-04$0.18quarterly2020-03-20
2019-11-20$0.18quarterly2019-12-06
2019-08-21$0.18quarterly2019-09-06
2019-05-23$0.18quarterly2019-06-07
2019-03-06$0.18quarterly2019-03-22
2018-11-21$0.18quarterly2018-12-07
2018-08-22$0.15quarterly2018-09-07
2018-05-24$0.15quarterly2018-06-08
2018-03-07$0.15quarterly2018-03-23
2017-11-21$0.15quarterly2017-12-08
2017-08-23$0.15quarterly2017-09-08
2017-05-23$0.15quarterly2017-06-09
2017-03-07$0.15quarterly2017-03-24
2016-11-21$0.15quarterly2016-12-09
2016-08-18$0.12quarterly2016-09-06
2016-05-26$0.12quarterly2016-06-13
2016-03-08$0.12quarterly2016-03-28
2015-11-19$0.12quarterly2015-12-08
2015-08-20$0.12quarterly2015-09-08
2015-05-22$0.12quarterly2015-06-12
2015-03-10$0.12quarterly2015-03-27
2014-11-19$0.12quarterly2014-12-08
2014-08-19$0.12quarterly2014-09-05
2014-05-21$0.12quarterly2014-06-06
2014-03-06$0.12quarterly2014-03-24
2013-11-20$0.10quarterly2013-12-09
2013-08-21$0.10quarterly2013-09-07
2013-05-21$0.10quarterly2013-06-06
2013-03-06$0.10quarterly2013-03-22
2012-11-20$0.10quarterly2012-12-10
2012-08-21$0.10quarterly2012-09-07
2012-05-21$0.07quarterly2012-06-07
2012-03-06$0.07quarterly2012-03-23

Forward Air Dividend per year

Forward Air Dividend growth

Forward Air Dividend Yield

Forward Air current trailing twelve-month (TTM) dividend yield is 0.71%. Interested in purchasing Forward Air stock? Use our calculator to estimate your expected dividend yield:

Forward Air Financial Ratios

P/E ratio-1.20
PEG ratio0.04
P/B ratio3.19
ROE-113.92%
Payout ratio-1.65%
Current ratio1.33
Quick ratio1.33
Cash Ratio0.25

Forward Air Dividend FAQ

How much is the next Forward Air dividend?
Forward Air's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Forward Air dividend. The next Forward Air dividend will be released in March, May, August, or November.
When is Forward Air dividend paid?
Forward Air pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Forward Air pay?
The specific amount of Forward Air dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Forward Air's dividend history.
Does Forward Air stock pay dividends?
Yes, Forward Air does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Forward Air's dividend history.
How much dividend does Forward Air pay?
Forward Air paid $0.0 in 2024, $0.96 in 2023, $0.96 in 2022, $0.84 in 2021, and $0.75 in 2020.
How often does Forward Air pay dividends?
Forward Air typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, May, August, and November.
What is Forward Air's dividend yield?
The current dividend yield for Forward Air is 0.71%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Forward Air's exact dividend yield.
When does Forward Air go ex dividend?
Forward Air's ex-dividend date for the latest dividend was on 2023-11-21. Forward Air typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Forward Air dividend paid?
Forward Air pays dividends on a quarterly basis, typically around March, May, August, or November, but the exact dates can vary each year.
Will Forward Air increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Forward Air will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Forward Air dividend per share?
Forward Air paid $0.0 per share in 2024 and $0.96 per share in 2023. The amount of dividend per share that Forward Air pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Forward Air a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Forward Air a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Forward Air a dividend stock?
Yes, Forward Air is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Forward Air a good dividend stock?
Whether Forward Air is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Forward Air has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Forward Air as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Forward Air pay dividends monthly?
Forward Air typically pays dividends on a quarterly basis.
Does Forward Air pay dividends quarterly?
Forward Air currently pays dividends on a quarterly basis.
Has Forward Air ever paid a dividend?
Yes, Forward Air has a history of paying dividends to its shareholders. Forward Air is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Forward Air dividend stocks?
To buy Forward Air you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Forward Air stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Forward Air pay dividends 2024?
Forward Air pays dividends on a quarterly basis. 2024 dividend payments are in 2023-12-07. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Forward Air increase its dividend in 2024?
Decisions regarding Forward Air dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Forward Air dividend overview you can look into the above table of dividend history.
How Forward Air dividend works?
The Forward Air dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Forward Air's dividend process works:

1. Determination of Dividend: Forward Air's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Forward Air publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Forward Air distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Forward Air are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Forward Air dividends paid?
Forward Air dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Forward Air sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Forward Air distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Forward Air declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Forward Air pay dividends?
Forward Air typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Forward Air pay dividends?
The general pattern is that Forward Air pays dividends around March, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Forward Air dividend safe?
The safety of Forward Air's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Forward Air's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Forward Air's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.