TRNO Terreno Realty Corporation — dividend yield, history & ex-dividend dates
Terreno Realty Corporation, together with its subsidiaries, focuses on the acquisition, ownership, and management of industrial real estate assets. Their operations are strategically located in six key coastal U.S. markets: Los Angeles, the Northern New Jersey/New York City metropolitan area, the San Francisco Bay Area, Seattle, Miami, and Washington, D.C. It should be noted that all measurements concerning property size (square footage, acreage), occupancy rates, and the total number of properties detailed within their condensed consolidated financial statements are provided on an unaudited basis. As of September 30, 2020, the company's portfolio included 219 buildings, encompassing a total area of approximately 13.1 million square feet. Additionally, they possessed 22 developed land parcels spanning about 85.0 acres, alongside one property currently undergoing redevelopment, which is projected to contribute roughly 0.2 million square feet upon completion. Terreno operates as an internally managed corporation chartered in Maryland. The company chose to be designated as a Real Estate Investment Trust (REIT) for tax purposes, pursuant to Sections 856 through 860 of the Internal Revenue Code of 1986, effective from its taxable year concluded on December 31, 2010.
Dividend Snapshot
Research Scores
Scores describe this security's published financial data on a 0–100 scale using the formulas on our methodology pages. They are the same for every reader, are not a probability or a forecast, and are not a recommendation. Past dividend growth does not guarantee future increases. Report a data error.
How the Dividend Safety Score is built for TRNO
| Input | Value | Points | Weight |
|---|---|---|---|
| Operating cash flow payout ratio | Operating cash flow payout ratio 75% (TTM to Jun 30, 2026) | 81 | 35% |
| Net debt / EBITDA | Net debt / EBITDA 1.8x (TTM to Jun 30, 2026) | 100 | 20% |
| Interest coverage | Interest coverage, EBITDA basis 15.7x (TTM to Jun 30, 2026) | 100 | 15% |
| Dividend record | 15 years of uninterrupted regular payments | 77 | 20% |
| Operating cash flow stability | Operating cash flow positive in 5 of the last 5 fiscal years (FY2021–FY2025) | 100 | 10% |
Inputs that are not available are left out and the remaining weights are scaled up. Profile: real estate investment trust. Formula version 2026-10-19.4.
How the Dividend Growth Score is built for TRNO
| Input | Value | Points | Weight |
|---|---|---|---|
| 5-year dividend growth | 5-year dividend CAGR 12.5% (2020–2025) | 100 | 25% |
| Consecutive annual increases | 14 consecutive annual increases (through 2025) | 85 | 20% |
| Payout headroom | Headroom from the operating cash flow payout ratio 75% (TTM to Jun 30, 2026) | 71 | 20% |
| Operating cash flow per share growth (3 years) | Operating cash flow per share CAGR 11.8% (FY2022–FY2025) | 100 | 15% |
| Revenue growth (3 years) | Revenue CAGR 19.9% (FY2022–FY2025) | 100 | 10% |
| 10-year dividend growth | 10-year dividend CAGR 11.8% (2015–2025) | 100 | 10% |
Inputs that are not available are left out and the remaining weights are scaled up. Profile: real estate investment trust. Formula version 2026-10-19.4.
How the Dividend Value Score is built for TRNO
| Input | Value | Points | Weight |
|---|---|---|---|
| Yield vs own history | Current yield at the 91st percentile of its 120 month-end yields | 91 | 40% |
| P/OCF vs own 5-year median | P/OCF 24.2 is 0.83x its 5-year median of 29.1 | 75 | 25% |
| Operating cash flow yield | Operating cash flow yield 4.1% (TTM to Jun 30, 2026) | 21 | 20% |
| P/OCF vs peers | P/OCF 24.2 vs peer median 12.6 (1.92x; 112 reit / Real Estate securities) | 0 | 15% |
Inputs that are not available are left out and the remaining weights are scaled up. Profile: real estate investment trust. Formula version 2026-10-19.4.
Key Metrics
Current Yield
3.58%
At the Oct 29, 2026 price
The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.Annualized Dividend
$2.2800
Declared Aug 05, 2026
The latest declared regular dividend scaled to a full year by how often it's paid (for semi-annual payers, the latest two payments), adjusted for stock splits. A $0.25 quarterly dividend annualizes to $1.00. Special dividends are excluded.Frequency
Q Quarterly
How often the dividend is paid, read from the dates of recent payments: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.RSI (14)
40
As of Oct 29, 2026
Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.52-Week Range
$57.13 – $75.08
Closes through Oct 23, 2026
The lowest and highest price over the past year, showing where today's price sits in its recent range.Payout Ratio (TTM)
55.02% (EPS-based)
12 months to Jun 30, 2026 (Q2 FY2026)
The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.Years Paying
15
How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.Price / Book (TTM)
1.57
Price as of Oct 25, 2026; latest reported book value
Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.S.A.F.E. Dividend Read
Quote & Key Data
Dividend Growth
How often a record like this ends in a cut
TRNO has raised its annual dividend in 14 separate years since April 2011, which ranks 787 among the 2,430 payers with a comparable record in our dataset. No year in that span saw the annual total fall by more than a fifth.
Of the 878 companies we track with 10 to 24 years of increases, 661 — 75 per cent — also have at least one year in which the dividend fell by more than 20 per cent. Across every company with twenty years of comparable history, only 277 of 1078 (26 per cent) have never cut. A long record of increases is common; a record with no cut anywhere in it is not.
Measured from annual totals using split-adjusted amounts, comparing only consecutive years with the same number of payments — a stock split and a payment shifting across a year boundary both look like cuts otherwise. The current year is excluded as incomplete. How we measure a cut, and what the corrections change. Figures are for information only, not a view on any security.
Why the Yield Moved (90 Days)
TRNO's dividend yield rose from 2.90% to 3.58% over the past ~90 days (+0.68 pp). Of that move, +0.31 pp came from changes in the dividend rate and +0.36 pp from the share price ($71.70 on Aug 03, 2026 → $63.69 on Oct 29, 2026). A yield that rises because the price fell is not an improvement in the payout itself.
Yield vs Its Own History
Across 272 daily observations over the past 13 months (through Oct 23, 2026), TRNO's current yield is higher than approximately 94% of them. Our stored price history for TRNO covers the past 13 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.
Adjusted Price History
Dividend History
Dividend Payment History
Ex-dividend calendar →| Amount | Type | Declared | Ex-Date | Record | Pay |
|---|---|---|---|---|---|
| $0.5700 Q | Regular | Aug 05, 2026 | Sep 30, 2026 | Sep 30, 2026 | Oct 09, 2026 |
| $0.5200 Q | Regular | May 06, 2026 | Jun 26, 2026 | Jun 26, 2026 | Jul 10, 2026 |
| $0.5200 Q | Regular | Feb 04, 2026 | Mar 27, 2026 | Mar 27, 2026 | Apr 10, 2026 |
| $0.5200 Q | Regular | Nov 05, 2025 | Dec 15, 2025 | Dec 15, 2025 | Jan 09, 2026 |
| $0.5200 Q | Regular | Aug 06, 2025 | Sep 29, 2025 | Sep 29, 2025 | Oct 10, 2025 |
| $0.4900 Q | Regular | May 07, 2025 | Jun 27, 2025 | Jun 27, 2025 | Jul 11, 2025 |
| $0.4900 Q | Regular | Feb 05, 2025 | Mar 27, 2025 | Mar 27, 2025 | Apr 04, 2025 |
| $0.4900 Q | Regular | Nov 06, 2024 | Dec 13, 2024 | Dec 13, 2024 | Jan 07, 2025 |
| $0.4900 Q | Regular | Aug 07, 2024 | Sep 30, 2024 | Sep 30, 2024 | Oct 11, 2024 |
| $0.4500 Q | Regular | May 08, 2024 | Jun 28, 2024 | Jun 28, 2024 | Jul 12, 2024 |
| $0.4500 Q | Regular | Feb 07, 2024 | Mar 27, 2024 | Mar 28, 2024 | Apr 05, 2024 |
| $0.4500 Q | Regular | Nov 01, 2023 | Dec 14, 2023 | Dec 15, 2023 | Jan 05, 2024 |
| $0.4500 Q | Regular | Aug 02, 2023 | Sep 28, 2023 | Sep 29, 2023 | Oct 13, 2023 |
| $0.4000 Q | Regular | May 03, 2023 | Jun 29, 2023 | Jun 30, 2023 | Jul 14, 2023 |
| $0.4000 Q | Regular | Feb 08, 2023 | Mar 30, 2023 | Mar 31, 2023 | Apr 06, 2023 |
| $0.4000 Q | Regular | Nov 02, 2022 | Dec 29, 2022 | Dec 30, 2022 | Jan 13, 2023 |
| $0.4000 Q | Regular | Aug 03, 2022 | Sep 29, 2022 | Sep 30, 2022 | Oct 14, 2022 |
| $0.3400 Q | Regular | May 04, 2022 | Jun 29, 2022 | Jun 30, 2022 | Jul 14, 2022 |
| $0.3400 Q | Regular | Feb 09, 2022 | Mar 24, 2022 | Mar 25, 2022 | Apr 08, 2022 |
| $0.3400 Q | Regular | Nov 03, 2021 | Dec 14, 2021 | Dec 15, 2021 | Jan 05, 2022 |
| $0.3400 Q | Regular | Aug 04, 2021 | Sep 30, 2021 | Oct 01, 2021 | Oct 15, 2021 |
| $0.2900 Q | Regular | May 05, 2021 | Jun 29, 2021 | Jun 30, 2021 | Jul 14, 2021 |
| $0.2900 Q | Regular | Feb 10, 2021 | Mar 25, 2021 | Mar 26, 2021 | Apr 09, 2021 |
| $0.2900 Q | Regular | Nov 04, 2020 | Dec 14, 2020 | Dec 15, 2020 | Jan 05, 2021 |
| $0.2900 Q | Regular | Aug 05, 2020 | Oct 01, 2020 | Oct 02, 2020 | Oct 16, 2020 |
| $0.2700 Q | Regular | May 06, 2020 | Jun 29, 2020 | Jun 30, 2020 | Jul 14, 2020 |
| $0.2700 Q | Regular | Feb 06, 2020 | Mar 26, 2020 | Mar 27, 2020 | Apr 10, 2020 |
| $0.2700 Q | Regular | Oct 30, 2019 | Dec 30, 2019 | Dec 31, 2019 | Jan 14, 2020 |
| $0.2700 Q | Regular | Jul 31, 2019 | Oct 03, 2019 | Oct 04, 2019 | Oct 18, 2019 |
| $0.2400 Q | Regular | May 01, 2019 | Jul 03, 2019 | Jul 05, 2019 | Jul 19, 2019 |
| $0.2400 Q | Regular | Feb 06, 2019 | Mar 28, 2019 | Mar 29, 2019 | Apr 12, 2019 |
| $0.2400 Q | Regular | Nov 01, 2018 | Dec 17, 2018 | Dec 18, 2018 | Jan 11, 2019 |
| $0.2400 Q | Regular | Aug 02, 2018 | Oct 04, 2018 | Oct 05, 2018 | Oct 19, 2018 |
| $0.2200 Q | Regular | May 02, 2018 | Jul 05, 2018 | Jul 06, 2018 | Jul 20, 2018 |
| $0.2200 Q | Regular | Feb 06, 2018 | Mar 27, 2018 | Mar 28, 2018 | Apr 12, 2018 |
| $0.2200 Q | Regular | Oct 31, 2017 | Dec 28, 2017 | Dec 29, 2017 | Jan 12, 2018 |
| $0.2200 Q | Regular | Aug 14, 2017 | Oct 05, 2017 | Oct 06, 2017 | Oct 20, 2017 |
| $0.2000 Q | Regular | May 30, 2017 | Jul 05, 2017 | Jul 07, 2017 | Jul 21, 2017 |
| $0.2000 Q | Regular | Feb 08, 2017 | Mar 24, 2017 | Mar 28, 2017 | Apr 12, 2017 |
| $0.2000 Q | Regular | Nov 21, 2016 | Dec 28, 2016 | Dec 30, 2016 | Jan 13, 2017 |
| $0.2000 Q | Regular | Aug 11, 2016 | Oct 05, 2016 | Oct 07, 2016 | Oct 21, 2016 |
| $0.1800 Q | Regular | May 24, 2016 | Jul 05, 2016 | Jul 07, 2016 | Jul 21, 2016 |
| $0.1800 Q | Regular | Feb 11, 2016 | Mar 23, 2016 | Mar 28, 2016 | Apr 12, 2016 |
| $0.1800 Q | Regular | Nov 24, 2015 | Dec 29, 2015 | Dec 31, 2015 | Jan 14, 2016 |
| $0.1600 Q | Regular | Aug 24, 2015 | Oct 05, 2015 | Oct 07, 2015 | Oct 21, 2015 |
| $0.1600 Q | Regular | May 26, 2015 | Jul 02, 2015 | Jul 07, 2015 | Jul 21, 2015 |
| $0.1600 Q | Regular | Feb 23, 2015 | Apr 02, 2015 | Apr 07, 2015 | Apr 21, 2015 |
| $0.1600 Q | Regular | Nov 04, 2014 | Dec 29, 2014 | Dec 31, 2014 | Jan 14, 2015 |
| $0.1400 Q | Regular | Aug 11, 2014 | Oct 03, 2014 | Oct 07, 2014 | Oct 21, 2014 |
| $0.1400 Q | Regular | May 12, 2014 | Jul 02, 2014 | Jul 07, 2014 | Jul 21, 2014 |
| $0.1300 Q | Regular | Feb 19, 2014 | Apr 03, 2014 | Apr 07, 2014 | Apr 21, 2014 |
| $0.1300 Q | Regular | Nov 07, 2013 | Dec 27, 2013 | Dec 31, 2013 | Jan 14, 2014 |
| $0.1300 Q | Regular | Aug 08, 2013 | Oct 03, 2013 | Oct 07, 2013 | Oct 21, 2013 |
| $0.1300 Q | Regular | May 08, 2013 | Jul 02, 2013 | Jul 05, 2013 | Jul 19, 2013 |
| $0.1200 Q | Regular | Feb 19, 2013 | Apr 03, 2013 | Apr 05, 2013 | Apr 19, 2013 |
| $0.1200 Q | Regular | Nov 06, 2012 | Dec 27, 2012 | Dec 31, 2012 | Jan 14, 2013 |
| $0.1200 Q | Regular | Aug 03, 2012 | Oct 03, 2012 | Oct 05, 2012 | Oct 26, 2012 |
| $0.1200 Q | Regular | May 08, 2012 | Jul 05, 2012 | Jul 09, 2012 | Jul 23, 2012 |
| $0.1000 Q | Regular | Feb 23, 2012 | Apr 03, 2012 | Apr 05, 2012 | Apr 19, 2012 |
| $0.1000 Q | Regular | Nov 10, 2011 | Jan 04, 2012 | Jan 06, 2012 | Jan 20, 2012 |
| $0.1000 Q | Regular | Aug 15, 2011 | Oct 04, 2011 | Oct 06, 2011 | Oct 20, 2011 |
| $0.1000 Q | Regular | May 19, 2011 | Jul 01, 2011 | Jul 06, 2011 | Jul 20, 2011 |
| $0.1000 Q | Regular | Feb 18, 2011 | Apr 01, 2011 | Apr 05, 2011 | Apr 19, 2011 |
Peer Comparison
Selected REIT - Industrial dividend payers we cover, strongest DividendRank first — for context, not a recommendation.
| Ticker | Name | Yield | 5-Yr Growth | Streak | Rank |
|---|---|---|---|---|---|
| FR | First Industrial Realty Trust, Inc. | 3.68% | 12.2% | 12 yrs | 84 |
| EGP | EastGroup Properties, Inc. | 3.59% | 13.9% | 14 yrs | 84 |
| PLD | Prologis, Inc. | 3.42% | 11.7% | 12 yrs | 76 |
| CUBE | CubeSmart | 5.26% | 9.4% | 15 yrs | 74 |
Related Guides & Lists
TRNO dividend — frequently asked questions
Does Terreno Realty Corporation pay a dividend?
Yes. Terreno Realty Corporation (TRNO) currently pays a dividend. The annualized dividend is about $2.28 per share, a yield of approximately 3.58%.
What is Terreno Realty Corporation's dividend yield?
Terreno Realty Corporation's dividend yield is approximately 3.58%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.
How often does Terreno Realty Corporation pay dividends?
Terreno Realty Corporation pays dividends quarterly — 4 times per year.
How long has Terreno Realty Corporation paid dividends?
Terreno Realty Corporation has 15 years of dividend payments on record, and has increased its dividend for 14 consecutive years.
Data updated Oct 29, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.