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First Industrial Declares Common Stock Dividends

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First Industrial (NYSE: FR) declared a quarterly common stock dividend of $0.50 per share/unit for the quarter ending June 30, 2026. The dividend is payable on July 20, 2026 to shareholders of record on June 30, 2026.

First Industrial reports owning and having under development approximately 71.6 million square feet of industrial space across 15 target MSAs as of March 31, 2026.

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Positive

  • $0.50 per share common dividend declared for Q2 2026
  • Dividend payable July 20, 2026 with record date June 30, 2026
  • Portfolio size: 71.6 million sq ft across 15 target MSAs as of March 31, 2026

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  • None.

CHICAGO, April 30, 2026 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, today announced that its board of directors declared a common stock dividend of $0.50 per share/unit for the quarter ending June 30, 2026 payable on July 20, 2026 to stockholders of record on June 30, 2026.

About First Industrial Realty Trust, Inc.

First Industrial Realty Trust, Inc. (NYSE: FR) is a leading U.S.-only owner, operator, developer and acquirer of logistics properties. Through our fully integrated operating and investing platform, we provide high quality facilities and industry-leading customer service to multinational corporations and regional firms that are essential for their supply chains. In total, we own and have under development approximately 71.6 million square feet of industrial space concentrated in 15 target MSAs as of March 31, 2026. For more information, please visit us at www.firstindustrial.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934 (the "Exchange Act"). We intend for such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on certain assumptions and describe our future plans, strategies and expectations, and are generally identifiable by use of the words "believe," "expect," "plan," "intend," "anticipate," "estimate," "project," "seek," "target," "potential," "focus," "may," "will," "should" or similar words. Although we believe the expectations reflected in forward-looking statements are based upon reasonable assumptions, we can give no assurance that our expectations will be attained or that results will not materially differ. Factors that could have a materially adverse effect on our operations and future prospects include, but are not limited to: changes in national, international, regional and local economic conditions generally and real estate markets specifically, including impacts and uncertainties arising from trade disputes and tariffs on goods imported to or exported from the United States; changes in legislation/regulation (including laws governing the taxation of real estate investment trusts) and actions of regulatory authorities; our ability to qualify and maintain our status as a real estate investment trust; the availability, cost and attractiveness of financing (including both public and private capital), increases in or prolonged periods of elevated interest rates, and our ability to raise equity capital on attractive terms; the availability and attractiveness of terms of debt repurchases; our ability to retain our credit agency ratings; our ability to comply with applicable financial covenants; changes in the competitive environment in which we operate, including changes in supply, demand and valuation of industrial properties and land in our current and potential markets; our ability to identify, acquire, develop and/or manage properties on favorable terms; our ability to dispose of properties on favorable terms; our ability to successfully integrate acquired properties; potential liability relating to environmental matters; defaults on or non-renewal of leases by our tenants; decreases in rental rates or increases in vacancy rates; higher-than-expected real estate construction costs and delays in development or lease-up timelines; uncertainty and economic impacts of pandemics, epidemics or other public health emergencies or fear of such events; risks associated with cybersecurity breaches, cyberattacks, intrusions or other significant disruptions of our information technology networks or systems; potential natural disasters and other catastrophic events, including acts of war or terrorism; insufficient or unavailable insurance coverage; technological developments, particularly those affecting supply chains and logistics; litigation risks, including costs associated with prosecuting or defending claims and potential adverse outcomes; risks associated with our investments in joint ventures, including our lack of sole decision-making authority; and other risks and uncertainties described in Item A, "Risk Factors" and elsewhere in our annual report, on Form 10-K for the year ended December 31, 2025, as well as those risks and uncertainties discussed from time to time in our other Exchange Act reports and public filings with the Securities and Exchange Commission (the "SEC"). We caution you not to place undue reliance on forward-looking statements, which reflect our outlook only and speak only as of the date of this press release or the dates indicated in the statements. We assume no obligation to update or supplement forward-looking statements except as may be required by law. For further information on these and other factors that could impact us and the statements contained herein, reference should be made to our filings with the SEC.

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SOURCE First Industrial Realty Trust, Inc.

FAQ

What dividend did First Industrial (FR) declare for the quarter ending June 30, 2026?

The company declared a $0.50 per share/unit common stock dividend for the quarter ending June 30, 2026. According to the company, the dividend applies to shares/units outstanding with the stated record and payment dates.

When is the First Industrial (FR) dividend payable and what is the record date?

The dividend is payable on July 20, 2026 with a record date of June 30, 2026. According to the company, shareholders of record on June 30 will receive the July 20 payment.

How does First Industrial (FR) describe its portfolio size in the dividend announcement?

First Industrial reports owning and developing about 71.6 million square feet of industrial space across 15 target MSAs as of March 31, 2026. According to the company, this reflects its U.S.-only logistics property footprint.

Do First Industrial (FR) shareholders need to take action to receive the July 20, 2026 dividend?

No action is required if you are a shareholder of record by June 30, 2026; eligible shareholders will receive the payment. According to the company, the record date determines which shareholders qualify for the July 20 distribution.

Where can investors find more information about First Industrial (FR) dividend and properties?

Investors can review details and investor resources on the company website and filings. According to the company, additional information is available at www.firstindustrial.com and in its investor relations materials.