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Dividend Vision

FWRD Stock — Forward Air Corporation

Forward Air Corporation (FWRD)

Updated October 16, 2026.

FWRD is a Stock. Its deepest 1-year drawdown was 72.5%.

Forward Air Corporation is an operating company in the air cargo and transportation logistics industry. The company does not currently distribute dividends to shareholders. This security appeals primarily to growth-oriented investors rather than those seeking current income.

FWRD dividend yield and income

Price as of 2026-10-16.

The ex-dividend date is 11/21/2023. The payment date is 12/07/2023.

Recorded distribution timeline (77)
Ex-dateAs paidPer current shareChange from previous payment
2023-11-21$0.24$0.240.0%
Unclassified cash
2023-08-16$0.24$0.240.0%
Unclassified cash
2023-05-24$0.24$0.240.0%
Unclassified cash
2023-03-01$0.24$0.240.0%
Unclassified cash
2022-11-22$0.24$0.240.0%
Unclassified cash
2022-08-17$0.24$0.240.0%
Unclassified cash
2022-05-25$0.24$0.240.0%
Unclassified cash
2022-03-02$0.24$0.2414.3%
Unclassified cash
2021-11-23$0.21$0.210.0%
Unclassified cash
2021-08-19$0.21$0.210.0%
Unclassified cash
2021-05-26$0.21$0.210.0%
Unclassified cash
2021-03-03$0.21$0.210.0%
Unclassified cash
2020-11-24$0.21$0.2116.7%
Unclassified cash
2020-08-19$0.18$0.180.0%
Unclassified cash
2020-05-21$0.18$0.180.0%
Unclassified cash
2020-03-04$0.18$0.180.0%
Unclassified cash
2019-11-20$0.18$0.180.0%
Unclassified cash
2019-08-21$0.18$0.180.0%
Unclassified cash
2019-05-23$0.18$0.180.0%
Unclassified cash
2019-03-06$0.18$0.180.0%
Unclassified cash
2018-11-21$0.18$0.1820.0%
Unclassified cash
2018-08-22$0.15$0.150.0%
Unclassified cash
2018-05-24$0.15$0.150.0%
Unclassified cash
2018-03-07$0.15$0.150.0%
Unclassified cash
2017-11-21$0.15$0.150.0%
Unclassified cash
2017-08-23$0.15$0.150.0%
Unclassified cash
2017-05-23$0.15$0.150.0%
Unclassified cash
2017-03-07$0.15$0.150.0%
Unclassified cash
2016-11-21$0.15$0.1525.0%
Unclassified cash
2016-08-18$0.12$0.120.0%
Unclassified cash
2016-05-26$0.12$0.120.0%
Unclassified cash
2016-03-08$0.12$0.120.0%
Unclassified cash
2015-11-19$0.12$0.120.0%
Unclassified cash
2015-08-20$0.12$0.120.0%
Unclassified cash
2015-05-22$0.12$0.120.0%
Unclassified cash
2015-03-10$0.12$0.120.0%
Unclassified cash
2014-11-19$0.12$0.120.0%
Unclassified cash
2014-08-19$0.12$0.120.0%
Unclassified cash
2014-05-21$0.12$0.120.0%
Unclassified cash
2014-03-06$0.12$0.1220.0%
Unclassified cash
2013-11-20$0.1$0.10.0%
Unclassified cash
2013-08-21$0.1$0.10.0%
Unclassified cash
2013-05-21$0.1$0.10.0%
Unclassified cash
2013-03-06$0.1$0.10.0%
Unclassified cash
2012-11-20$0.1$0.10.0%
Unclassified cash
2012-08-21$0.1$0.142.9%
Unclassified cash
2012-05-21$0.07$0.070.0%
Unclassified cash
2012-03-06$0.07$0.070.0%
Unclassified cash
2011-11-22$0.07$0.070.0%
Unclassified cash
2011-08-22$0.07$0.070.0%
Unclassified cash
2011-05-19$0.07$0.070.0%
Unclassified cash
2011-03-09$0.07$0.070.0%
Unclassified cash
2010-11-18$0.07$0.070.0%
Unclassified cash
2010-08-23$0.07$0.070.0%
Unclassified cash
2010-05-24$0.07$0.070.0%
Unclassified cash
2010-03-08$0.07$0.070.0%
Unclassified cash
2009-11-18$0.07$0.070.0%
Unclassified cash
2009-08-25$0.07$0.070.0%
Unclassified cash
2009-05-20$0.07$0.070.0%
Unclassified cash
2009-03-09$0.07$0.070.0%
Unclassified cash
2008-11-19$0.07$0.070.0%
Unclassified cash
2008-08-20$0.07$0.070.0%
Unclassified cash
2008-05-21$0.07$0.070.0%
Unclassified cash
2008-03-10$0.07$0.070.0%
Unclassified cash
2007-11-28$0.07$0.070.0%
Unclassified cash
2007-08-28$0.07$0.070.0%
Unclassified cash
2007-05-23$0.07$0.070.0%
Unclassified cash
2007-03-13$0.07$0.070.0%
Unclassified cash
2006-11-21$0.07$0.070.0%
Unclassified cash
2006-08-23$0.07$0.070.0%
Unclassified cash
2006-05-24$0.07$0.070.0%
Unclassified cash
2006-03-15$0.07$0.0716.7%
Unclassified cash
2005-11-30$0.06$0.060.0%
Unclassified cash
2005-08-17$0.06$0.06N/A
2005-05-18$0.06$0.0650.0%
Unclassified cash
2005-03-31$0.06$0.04-97.5%
Unclassified cash
1998-09-24$7.25$1.6111—
1998 total—$1.6111—
2005 total—$0.22-86.3%
2006 total—$0.2827.3%
2007 total—$0.280.0%
2008 total—$0.280.0%
2009 total—$0.280.0%
2010 total—$0.280.0%
2011 total—$0.280.0%
2012 total—$0.3421.4%
2013 total—$0.417.6%
2014 total—$0.4820.0%
2015 total—$0.480.0%
2016 total—$0.516.3%
2017 total—$0.617.6%
2018 total—$0.635.0%
2019 total—$0.7214.3%
2020 total—$0.754.2%
2021 total—$0.8412.0%
2022 total—$0.9614.3%
2023 total—$0.960.0%

FWRD dividend growth

Trailing-12-month distributions versus the preceding 12 months changed +0.0%. The 1Y row below uses this same adjacent TTM cash-window comparison.

TTM income vs TTM N years earlier
WindowChange
1Y+0.0%
3Y28.0%
5Y52.4%
10Y140.0%

FWRD performance

Returns are updating. FWRD's total return appears here after the next nightly update.

Its deepest 1-year drawdown was 72.5%.

FWRD key facts

Asset type
Stock
Asset class
Equity
Inception date
11/16/1993
Distribution frequency
None
5-year average yield
1.03
Last close
$15.04 (as of 2026-10-16)
Market cap
$508,064,164
Average volume
267435.0
Ex-dividend date
11/21/2023
Payment date
12/07/2023
Beta
1.389
Payout ratio
0.0%
Forward P/E
19.9203
EPS
$-8.91

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.

FWRD risks and drawbacks

The deepest 1-year drawdown on record here is 72.5%.

Who may consider FWRD — and who may not

It is a weaker fit for investors who need monthly cash flow (FWRD does not currently distribute). This is educational context, not a recommendation to buy or sell.

More on FWRD

Tagged: Industrials.

Frequently asked questions

Does FWRD pay monthly?

No. FWRD does not currently distribute.

How has FWRD's dividend grown?

Trailing-12-month distributions versus the preceding 12 months changed +0.0%. That is the same adjacent TTM cash-window comparison used in the dividend-history table.

When does FWRD pay a dividend?

FWRD does not currently distribute. The ex-dividend date is 11/21/2023. The payment date is 12/07/2023.

How has FWRD performed?

Its deepest 1-year drawdown was 72.5%.

DividendVision analysis is generated from public SEC filing data and may not capture every change. Review the original filing for complete information.