FGNV Stock — Forge Innovation Development Corp

Forge Innovation Development Corp (FGNV)

Updated October 9, 2026.

FGNV is a Stock. Total return is -99.6% over the past 8 years, 301.4 points behind SPY at 201.8%.

Forge Innovation Development Corp. is a real estate development company engaged in commercial and residential land development across the United States, including land purchasing and selling and property management activities. The company does not currently have an established distribution schedule. This security may appeal to investors seeking exposure to real estate development operations rather than those focused on regular dividend income.

FGNV performance versus SPY

Price and return data through 2026-10-09.

Total return is -99.6% over the past 8 years, 301.4 points behind SPY at 201.8%. Over the past year its total return — price change plus distributions reinvested — is -97.7%. Its deepest 1-year drawdown was 97.8%.

FGNV key facts

Asset type

Stock

Asset class

Equity

Inception date

09/25/2018

Distribution frequency

None

Last close

$0.0011 (stale; as of 2026-10-09)

Market cap

$55,428

Average volume

0.0

Beta

1.251

Payout ratio

0.0%

EPS

$-0.01

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

FGNV risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 97.8%.

Who may consider FGNV — and who may not

It is a weaker fit for investors who need monthly cash flow (FGNV does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on FGNV

• All tickers starting with F

Tagged: Real Estate.

Frequently asked questions