REIT

Industrial Logistics Properties Trust (ILPT)

Industrial Logistics Properties Trust trades as ILPT on NASDAQ. This page collects what it has actually paid — every recorded payment, the calendar-year totals, the forward and trailing 12-month yields side by side against the last price, and the dates already declared.

$8.39 $-0.03 (-0.36%)
52-week range $4.92 – $9.43
REIT NASDAQReal EstateREIT - Industrial

Price as of Aug 25, 2026 (8 hours ago) · supplied by fmp. Quotes may be delayed. Verify with your broker before acting on anything here.

Forward yield 2.38% Last regular payment annualised, divided by the last price. An estimate of the next twelve months — not money that has been paid.
Trailing 12-month yield 2.98% Cash actually paid per share over the last 365 days ($0.2500) divided by the last price. Backward-looking, and not comparable with a bond's yield to maturity or an index yield.
Forward annual payment $0.2000 Forward estimate: the last regular payment multiplied by the number of payments a year. It is an estimate of the next twelve months, not cash that has been paid.
Pays Quarterly Cadence of the regular payment, accepted only after three consecutive payments were reported at the same frequency.
Next ex-date First day the shares trade without the next payment attached.
Next pay date When the declared payment reaches holders.
Growth streak 1 yr 1 consecutive complete years in which the highest regular payment was above the year before. Our stored payment history for this security begins in 2018. The run ends inside that history, so it is measured rather than a floor.
Years paying 8 Complete calendar years with a payment in our stored history, which begins in 2018. The issuer may have paid for longer than we hold.
Payout ratio Not meaningful for this structure — GAAP earnings do not describe what it pays out.
Income score 34 0-100 research screen, not a recommendation.

The two yields above are different measurements and are not interchangeable. The forward yield annualises the last regular payment; the trailing 12-month yield counts the cash actually paid over the last 365 days. Neither is an interest rate, a bond's yield to maturity or an index effective yield, and none of those may be compared with these as like for like. See how we compute these numbers.

Our stored payment history for ILPT begins in 2018. The run of increases above ends inside that history rather than at its edge, so the figure is measured within what we hold and is not a floor. A streak is counted on the split-adjusted payment, so a share split does not read as a cut.

A yield is just a payment divided by a price, so it moves every day even when the payment does not. The forward number is an estimate of the next twelve months; the trailing number is what was actually paid over the last twelve. Ex-date is the cut-off: own the shares before it and the next payment is yours, buy on or after it and the seller keeps it.

About the annual figure
The most recent payment was well above the recent norm — it looks like a supplemental or special distribution, so the annual figure here annualises the regular payment instead.

What ILPT is

How REITs work →

ILPT is a real estate investment trust: a company that owns or finances property and distributes the large majority of its taxable income to shareholders each year in exchange for paying little or no corporate tax on it. The distribution is therefore a structural obligation rather than a discretionary dividend, which is why REIT yields sit above the broad market's.

Because depreciation makes GAAP earnings a poor description of a property company, REITs are usually judged on funds from operations rather than net income. REIT distributions are mostly taxed as ordinary income and can include return of capital, so they are generally not qualified dividends. Read how REITs work.

Figures on this page are computed by Income Investing from the payment history and last price stored in our own database; the payment records come from fmp and the price from fmp, last recomputed Aug 25, 2026. They describe what has been paid, not what will be paid. Yield, payout ratio, our data sources and our methodology are explained elsewhere on the site.

Payment history

Each row is one payment as recorded by our data provider, newest first. The final column compares it with the nearest payment about a year earlier.

The table lists the 24 most recent recorded dividends for ILPT, newest first, with ex-dates running from Oct 23, 2020 to Jul 20, 2026. The latest is $0.1000 per share in USD, ex-date Jul 20, 2026, pay date Aug 13, 2026. Measured against the nearest payment about a year earlier, 5 are higher, 4 lower and 15 unchanged; the remaining 0 have no comparable payment in the record. None is flagged as a special or one-off payment. Payment records supplied by fmp.

How to read this table: one row is one payment, newest at the top, and the amount is what a single share received on that one date. It is not an annual figure — the yearly ones are in the tiles above and in the totals further down. A row marked Special is a one-off the issuer chose to make rather than part of the regular schedule, which is why it is left out of the year-on-year comparison and out of those yearly totals. Whether the amount repeats for several rows or moves every time is a fact about the structure rather than a sign of health: a company usually resets its dividend once a year, while a fund's distribution can change with every payment.

Recorded payments for ILPT. Amounts are per share as declared, in USD.
Ex-dateOwn it before this day and this payment is yours. Pay date Amount per shareWhat one share received on that date, before tax. Cadence tagged by provider Type vs. a year earlier
Jul 20, 2026 Aug 13, 2026 $0.1000 Quarterly Regular +100.00%
Apr 21, 2026 May 14, 2026 $0.0500 Quarterly Regular +400.00%
Jan 26, 2026 Feb 19, 2026 $0.0500 Quarterly Regular +400.00%
Oct 27, 2025 Nov 13, 2025 $0.0500 Quarterly Regular +400.00%
Jul 21, 2025 Aug 14, 2025 $0.0500 Quarterly Regular +400.00%
Apr 22, 2025 May 15, 2025 $0.0100 Quarterly Regular 0.00%
Jan 27, 2025 Feb 20, 2025 $0.0100 Quarterly Regular 0.00%
Oct 28, 2024 Nov 14, 2024 $0.0100 Quarterly Regular 0.00%
Jul 22, 2024 Aug 15, 2024 $0.0100 Quarterly Regular 0.00%
Apr 19, 2024 May 16, 2024 $0.0100 Quarterly Regular 0.00%
Jan 19, 2024 Feb 15, 2024 $0.0100 Quarterly Regular 0.00%
Oct 20, 2023 Nov 16, 2023 $0.0100 Quarterly Regular 0.00%
Jul 21, 2023 Aug 17, 2023 $0.0100 Quarterly Regular 0.00%
Apr 21, 2023 May 18, 2023 $0.0100 Quarterly Regular -96.97%
Jan 20, 2023 Feb 16, 2023 $0.0100 Quarterly Regular -96.97%
Oct 21, 2022 Nov 17, 2022 $0.0100 Quarterly Regular -96.97%
Jul 22, 2022 Aug 18, 2022 $0.0100 Quarterly Regular -96.97%
Apr 22, 2022 May 19, 2022 $0.3300 Quarterly Regular 0.00%
Jan 21, 2022 Feb 17, 2022 $0.3300 Quarterly Regular 0.00%
Oct 22, 2021 Nov 18, 2021 $0.3300 Quarterly Regular 0.00%
Jul 23, 2021 Aug 19, 2021 $0.3300 Quarterly Regular 0.00%
Apr 23, 2021 May 20, 2021 $0.3300 Quarterly Regular 0.00%
Jan 22, 2021 Feb 18, 2021 $0.3300 Quarterly Regular 0.00%
Oct 23, 2020 Nov 19, 2020 $0.3300 Quarterly Regular 0.00%

The cadence column is the tag our provider attached to that individual payment (fmp), not the security's established schedule. The two can disagree, which is why the cadence shown in the tiles above is only accepted after three consecutive payments were tagged the same way.

A blank comparison means there was no comparable payment within sixty days of the same point a year earlier — a new payer, a changed cadence, or a gap in the record. Special and one-off payments are labelled and are excluded from the comparison.

Dividends by calendar year

Calendar-year totals, bucketed by ex-dividend date: every regular dividend whose ex-dividend date fell in that year, for the last ten complete years on record. These are amounts actually paid, never a forward estimate, and they are not the issuer's own annual dividend figure.

The chart covers 8 complete calendar years for ILPT, 2018 to 2025, per share, in USD. Each bar totals the regular dividends with an ex-dividend date in that calendar year. The year is assigned by ex-dividend date, which is not necessarily the issuer's own dividend year. Our stored payment history for ILPT begins in 2018. The total went from $0.9300 in 2018 to $0.1200 in 2025 — 87% lower. Within that span 2 years were higher than the year before and 2 lower. The three most recent years shown are 2023 $0.0400, 2024 $0.0400 and 2025 $0.1200. The current year is still in progress and is left out, and special or one-off payments are excluded. This is a record of what was paid, not a projection. 1 of the years shown does not hold the 4 dividends the recorded cadence implies: 2018 (3 payments). Those years are marked on the chart and named in the table. A year with one more or one fewer payment than the cadence implies is usually a payment whose ex-dividend date moved across a year end rather than a change in the payment itself: the payment lands in the neighbouring calendar year, so one year reads high and the next reads low while the rate never moved. The change-on-the-year-before column carries the same distortion, because it compares two totals rather than two payment rates. 2018 is the first year of payments we hold for ILPT, so it is short because our record starts there, not because anything moved. These totals are arithmetically right for what they measure — regular dividends bucketed by ex-dividend date — but they are not the annual dividend the issuer reports for that year, and where the two disagree the issuer's own published dividend history is the authority.

Each bar, and each row underneath it, is one calendar year of regular payments added together for a single share. Read left to right and you are reading whether the payment has grown, held or been cut — a record of what was paid, never a forecast of what will be. One thing to watch for: a year here is decided by the date the payment went ex, so when that date slips across a year end one year holds an extra payment and its neighbour is one short while the payment itself never moved. Any year where that has happened is drawn as a dashed bar and marked with an asterisk, and it is the usual reason these totals differ from the annual figure the issuer itself publishes.

2018: $0.9300 per share from 3 payments — the recorded cadence implies 4 a year, so this year does not match. 0.93 2018* 2019: $1.3200 per share from 4 payments, matching the 4 a year the recorded cadence implies. 1.32 2019 2020: $1.3200 per share from 4 payments, matching the 4 a year the recorded cadence implies. 1.32 2020 2021: $1.3200 per share from 4 payments, matching the 4 a year the recorded cadence implies. 1.32 2021 2022: $0.6800 per share from 4 payments, matching the 4 a year the recorded cadence implies. 0.68 2022 2023: $0.0400 per share from 4 payments, matching the 4 a year the recorded cadence implies. 0.04 2023 2024: $0.0400 per share from 4 payments, matching the 4 a year the recorded cadence implies. 0.04 2024 2025: $0.1200 per share from 4 payments, matching the 4 a year the recorded cadence implies. 0.12 2025
Payment count matches the recorded cadence * Count does not match — 2018
Bar height is the total per share of the regular dividends whose ex-dividend date fell in that calendar year, in USD. The year is assigned by ex-dividend date, not by the issuer's own dividend year and not by the date the cash arrived. The dashed bars marked * hold more or fewer payments than the cadence on record implies: that is usually one payment whose ex-dividend date shifted across a year end, which leaves one year high and its neighbour low without the dividend itself changing. Where these totals disagree with the issuer's published annual figure, the issuer's own dividend history is the authority. These are a trailing record — never the forward estimate shown in the tiles above.
Complete calendar years only, bucketed by ex-dividend date — the current year is still in progress and is left out.
Year Paid per share that yearEvery regular payment dated in that year, added up, for one share. Payments in the yearA count that differs from the usual one means a payment moved across a year end. Change on the year before
2018 $0.93 3 — cadence implies 4
2019 $1.32 4 +41.94%
2020 $1.32 4 0.00%
2021 $1.32 4 0.00%
2022 $0.68 4 -48.48%
2023 $0.04 4 -94.12%
2024 $0.04 4 0.00%
2025 $0.12 4 +200.00%
What can go wrong
A REIT is a leveraged, cyclical property owner. Rents depend on tenant solvency and on leases signed years ago, debt has to be refinanced at whatever rate exists on the day, and rising rates hit both the cost of that debt and the value of the buildings. Mortgage REITs carry interest-rate and prepayment risk instead of tenant risk and have historically been far more volatile than equity REITs. Distributions are mostly taxed as ordinary income.

Similar securities

The eight closest reit entries by trailing 12-month yield, in the same sector. A research screen, not a recommendation.

Open Commercial Real Estate →

These are not the best-paying securities of this kind, and no ranking is meant by the order. They are the ones whose trailing 12-month yield sits nearest to this one, in the same structure and usually the same sector, so that this security can be seen in company rather than on its own. Every figure here is backward-looking cash that has already been paid. A row that sits well away from the rest is a question to take to that security's own page, not an answer.

Ticker Name Price Trailing 12m yieldCash paid out over the last year, over today's price. Paid over 12 months Pays
FISK Empire State Realty OP, L.P. $4.70 2.98% $0.14 Quarterly
OGCP Empire State Realty OP, L.P. $4.70 2.98% $0.14 Quarterly
ESBA Empire State Realty OP, L.P. $4.70 2.98% $0.14 Quarterly
FR First Industrial Realty Trust, Inc. $63.49 2.98% $1.89 Quarterly
IVT InvenTrust Properties Corp. $32.68 2.98% $0.98 Quarterly
ESRT Empire State Realty Trust, Inc. $4.77 2.94% $0.14 Quarterly
TRNO Terreno Realty Corporation $68.38 3.04% $2.08 Quarterly
PLD Prologis, Inc. $143.32 2.90% $4.16 Quarterly

Every row in this table is on the same basis — cash actually paid per share over the last 365 days, divided by that security's last price — so the column can be read down. Forward estimates are deliberately not used here, because they exist for some securities and not others and a mixed column would invite a comparison that does not hold. A dash means no payment was recorded in the last 365 days, or no price is on file. Open a security to see both of its yields.

Where these are traded

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Questions about ILPT

Does ILPT pay a dividend, and how often?
Yes. The regular payment cadence recorded for ILPT is quarterly. The annual figure works out at $0.2000 per share. Forward estimate: the last regular payment multiplied by the number of payments a year. It is an estimate of the next twelve months, not cash that has been paid. The last ex-date in our history is Jul 20, 2026.
What is the yield on ILPT, and is it forward or trailing?
There are two, and they measure different things. The forward yield is 2.38%: the last regular payment annualised to $0.2000 a year and divided by the last price of $8.39. That is an estimate of the next twelve months. The trailing 12-month yield is 2.98%: the $0.2500 per share actually paid over the last 365 days, divided by the same price. Neither number is a bond's yield to maturity, an index effective yield or an interest rate, and none of those should be compared with these as like for like. Yield also moves inversely with price, so it rises when the market marks the security down — a high number is a question, not an answer.
When is the next ILPT ex-dividend date?
No future ex-date has been declared or collected for ILPT yet. The last one on record was Jul 20, 2026.
Why is there no meaningful payout ratio for ILPT?
A payout ratio compares a dividend to accounting earnings. For a reit the payment is not funded out of GAAP net income — REITs and BDCs pay out of taxable income under distribution rules, funds pass through whatever the portfolio produced, and partnerships distribute cash flow. Analysts use structure-specific measures instead, such as funds from operations for REITs or net investment income for BDCs.
Has the ILPT payment grown?
Over the complete calendar years in our history, the total went from $0.9300 in 2018 to $0.1200 in 2025. The payment rose in 1 consecutive complete years to the end of that record, measured within the history we hold, which begins in 2018. The chart on this page shows every year in between, including any cuts. Those totals bucket each payment by its ex-dividend date, so a year can hold more or fewer payments than the cadence implies when a payment shifts across a year end. Past payment history describes what happened, not what will happen.
Why do the ILPT calendar-year totals differ from the annual dividend the issuer reports?
Because this page buckets every regular dividend into the calendar year of its ex-dividend date, and the issuer reports its own dividend year. At the recorded cadence a full year holds 4 payments, and in our record 2018 holds 3 payments. That is almost always a payment whose ex-dividend date moved across a year end — the payment falls into the neighbouring year, leaving one year high and the other low while the dividend rate itself did not change. The totals here are arithmetically right for what they measure and are not a restatement of the issuer's annual figure; ILPT's own published dividend history is the authority on that.
How to read this page
Nothing on this page is investment advice or a recommendation to buy, hold or sell ILPT. Figures are drawn from third-party market data and our own calculations, may be delayed or wrong, and can change without notice. Confirm every number with the issuer and with your own broker, tax adviser and financial adviser before acting.

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