FWRD - NASDAQ
Forward Air Corporation
$9.67
-5.2%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.
At a Glance
Live SnapshotForward Air Corporation Dividend History
FWRD Dividend Payment History
Total Payments
50
Latest Dividend
$0.2400
Annual Amount
$1.2000
Frequency
Quarterly
| Declaration | Ex-Date | Payment Date | Dividend | Adjusted | Frequency | Growth |
|---|---|---|---|---|---|---|
Oct 24, 2023 | Nov 22, 2023 | Dec 7, 2023 | $0.2400 | $0.2400 | Quarterly | 0.00% |
Jul 25, 2023 | Aug 17, 2023 | Sep 7, 2023 | $0.2400 | $0.2400 | Quarterly | 0.00% |
Apr 28, 2023 | May 25, 2023 | Jun 13, 2023 | $0.2400 | $0.2400 | Quarterly | 0.00% |
Feb 7, 2023 | Mar 2, 2023 | Mar 17, 2023 | $0.2400 | $0.2400 | Quarterly | 0.00% |
Oct 26, 2022 | Nov 23, 2022 | Dec 8, 2022 | $0.2400 | $0.2400 | Quarterly | 0.00% |
Jul 27, 2022 | Aug 18, 2022 | Sep 8, 2022 | $0.2400 | $0.2400 | Quarterly | 0.00% |
Apr 27, 2022 | May 26, 2022 | Jun 14, 2022 | $0.2400 | $0.2400 | Quarterly | 0.00% |
Feb 8, 2022 | Mar 3, 2022 | Mar 18, 2022 | $0.2400 | $0.2400 | Quarterly | +14.29% |
Oct 26, 2021 | Nov 24, 2021 | Dec 9, 2021 | $0.2100 | $0.2100 | Quarterly | 0.00% |
Jul 29, 2021 | Aug 20, 2021 | Sep 9, 2021 | $0.2100 | $0.2100 | Quarterly | 0.00% |
Apr 26, 2021 | May 27, 2021 | Jun 14, 2021 | $0.2100 | $0.2100 | Quarterly | 0.00% |
Feb 2, 2021 | Mar 4, 2021 | Mar 19, 2021 | $0.2100 | $0.2100 | Quarterly | 0.00% |
Oct 27, 2020 | Nov 25, 2020 | Dec 10, 2020 | $0.2100 | $0.2100 | Quarterly | +16.67% |
Jul 21, 2020 | Aug 20, 2020 | Sep 9, 2020 | $0.1800 | $0.1800 | Quarterly | 0.00% |
Apr 29, 2020 | May 25, 2020 | Jun 10, 2020 | $0.1800 | $0.1800 | Quarterly | 0.00% |
Feb 4, 2020 | Mar 5, 2020 | Mar 20, 2020 | $0.1800 | $0.1800 | Quarterly | 0.00% |
Oct 22, 2019 | Nov 21, 2019 | Dec 6, 2019 | $0.1800 | $0.1800 | Quarterly | 0.00% |
Jul 23, 2019 | Aug 22, 2019 | Sep 6, 2019 | $0.1800 | $0.1800 | Quarterly | 0.00% |
Apr 19, 2019 | May 24, 2019 | Jun 7, 2019 | $0.1800 | $0.1800 | Quarterly | 0.00% |
Feb 5, 2019 | Mar 7, 2019 | Mar 22, 2019 | $0.1800 | $0.1800 | Quarterly | 0.00% |
Oct 23, 2018 | Nov 23, 2018 | Dec 7, 2018 | $0.1800 | $0.1800 | Quarterly | +20.00% |
Jul 24, 2018 | Aug 23, 2018 | Sep 7, 2018 | $0.1500 | $0.1500 | Quarterly | 0.00% |
Apr 20, 2018 | May 25, 2018 | Jun 8, 2018 | $0.1500 | $0.1500 | Quarterly | 0.00% |
Feb 6, 2018 | Mar 8, 2018 | Mar 23, 2018 | $0.1500 | $0.1500 | Quarterly | 0.00% |
Oct 24, 2017 | Nov 23, 2017 | Dec 8, 2017 | $0.1500 | $0.1500 | Quarterly | 0.00% |
Jul 27, 2017 | Aug 25, 2017 | Sep 8, 2017 | $0.1500 | $0.1500 | Quarterly | 0.00% |
Apr 27, 2017 | May 25, 2017 | Jun 9, 2017 | $0.1500 | $0.1500 | Quarterly | 0.00% |
Feb 9, 2017 | Mar 9, 2017 | Mar 24, 2017 | $0.1500 | $0.1500 | Quarterly | 0.00% |
Oct 27, 2016 | Nov 23, 2016 | Dec 9, 2016 | $0.1500 | $0.1500 | Quarterly | +25.00% |
Jul 22, 2016 | Aug 22, 2016 | Sep 6, 2016 | $0.1200 | $0.1200 | Quarterly | 0.00% |
Apr 29, 2016 | May 31, 2016 | Jun 13, 2016 | $0.1200 | $0.1200 | Quarterly | 0.00% |
Feb 11, 2016 | Mar 10, 2016 | Mar 28, 2016 | $0.1200 | $0.1200 | Quarterly | 0.00% |
Oct 23, 2015 | Nov 23, 2015 | Dec 8, 2015 | $0.1200 | $0.1200 | Quarterly | 0.00% |
Jul 24, 2015 | Aug 24, 2015 | Sep 8, 2015 | $0.1200 | $0.1200 | Quarterly | 0.00% |
Apr 28, 2015 | May 27, 2015 | Jun 12, 2015 | $0.1200 | $0.1200 | Quarterly | 0.00% |
Feb 11, 2015 | Mar 12, 2015 | Mar 27, 2015 | $0.1200 | $0.1200 | Quarterly | 0.00% |
Oct 24, 2014 | Nov 21, 2014 | Dec 8, 2014 | $0.1200 | $0.1200 | Quarterly | 0.00% |
Jul 23, 2014 | Aug 21, 2014 | Sep 5, 2014 | $0.1200 | $0.1200 | Quarterly | 0.00% |
Apr 29, 2014 | May 23, 2014 | Jun 6, 2014 | $0.1200 | $0.1200 | Quarterly | 0.00% |
Feb 11, 2014 | Mar 10, 2014 | Mar 24, 2014 | $0.1200 | $0.1200 | Quarterly | +20.00% |
Oct 25, 2013 | Nov 23, 2013 | Dec 9, 2013 | $0.1000 | $0.1000 | Quarterly | 0.00% |
Jul 24, 2013 | Aug 23, 2013 | Sep 7, 2013 | $0.1000 | $0.1000 | Quarterly | 0.00% |
Apr 24, 2013 | May 23, 2013 | Jun 6, 2013 | $0.1000 | $0.1000 | Quarterly | 0.00% |
Feb 14, 2013 | Mar 8, 2013 | Mar 22, 2013 | $0.1000 | $0.1000 | Quarterly | 0.00% |
Oct 31, 2012 | Nov 25, 2012 | Dec 10, 2012 | $0.1000 | $0.1000 | Quarterly | 0.00% |
Jul 24, 2012 | Aug 23, 2012 | Sep 7, 2012 | $0.1000 | $0.1000 | Quarterly | +42.86% |
Apr 24, 2012 | May 23, 2012 | Jun 7, 2012 | $0.0700 | $0.0700 | Quarterly | 0.00% |
Feb 8, 2012 | Mar 8, 2012 | Mar 23, 2012 | $0.0700 | $0.0700 | Quarterly | 0.00% |
Oct 31, 2011 | Nov 26, 2011 | Dec 11, 2011 | $0.0700 | $0.0700 | Quarterly | 0.00% |
Jul 27, 2011 | Aug 24, 2011 | Sep 8, 2011 | $0.0700 | $0.0700 | Quarterly | - |
Forward Air Corporation Payout Ratio Analysis
Dividend Sustainability Analysis
Payout Ratio
Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.
FCF Payout Ratio
Excellent FCF coverage. Dividend is well-supported by actual cash generation with ample room for increases and business reinvestment.
Sustainability
Dividend sustainability questionable. Monitor closely for signs of stress. Consider whether yield justifies the risk.
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Research Paths
Snapshot
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Value Model
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Statements
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Earnings Call
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Dividends
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Analyst Expectations
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