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Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First Industrial Realty Trust (FR) have what it takes?

First Industrial Realty Trust, Inc. (NYSE:FR ) Q1 2024 Earnings Conference Call April 18, 2024 11:00 AM ET Company Participants Art Harmon - SVP of IR and Marketing Peter Baccile - President and CEO Scott Musil - CFO Jojo Yap - CIO Peter Schultz - EVP Chris Schneider - EVP, Operations Conference Call Participants Ki Bin Kim - Truist Rob Stevenson - Janney Vikram Malhotra - Mizuho Todd Thomas - KeyBanc Capital Markets Rich Anderson - Wedbush Craig Mailman - Citi Nicholas Yulico - Scotiabank Nick Thillman - Baird Jessica Zheng - Green Street Blaine Heck - Wells Fargo Caitlin Burrows - Goldman Sachs Bill Crow - Raymond James Nikita Bely - JPMorgan Jon Petersen - Jefferies Operator Good day, and welcome to the First Industrial Realty Trust, Inc. First Quarter Results Call. [Operator Instructions] Please note this event is being recorded.

First Industrial Realty has underperformed in the past year due to higher interest rates and a slowdown in industrial leasing activity. The company reported mixed results and reduced guidance, which may put pressure on its shares. The weakness in leasing activity, particularly in Southern California, and uncertainties in US-China relations are impacting First Industrial Realty's performance.

First Industrial Realty Trust (FR) came out with quarterly funds from operations (FFO) of $0.60 per share, missing the Zacks Consensus Estimate of $0.62 per share. This compares to FFO of $0.59 per share a year ago.

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First Industrial Realty Trust (FR) have what it takes?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First Industrial Realty Trust (FR) have what it takes?

CHICAGO , March 20, 2024 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, will host its first quarter 2024 results conference call on Thursday, April 18, 2024 at 10:00 a.m. CDT (11:00 a.m.

E-commerce growth has led to increased demand for logistics space and a surge in industrial rents. New development deliveries are expected to drop materially in 2025. Industrial REITs have the potential for outsized growth through lease mark-to-market and supply/demand balance.

CHICAGO , Feb. 29, 2024 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, today announced that it will present at Citi's 2024 Global Property CEO Conference. The presentation is scheduled for Monday, March 4, 2024 at 3:35 p.m.

CHICAGO , Jan. 17, 2024 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, will host its fourth quarter and full year 2023 results conference call on Thursday, February 8, 2024 at 9:00 a.m. CST (10:00 a.m.