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First Industrial Realty Trust (FR) will raise its quarterly dividend by 24.4 percent to $0.1275 per share. This follows a 20.6 percent dividend hike last year. FR reinstated a quarterly dividend in 2013.

First Industrial Realty Trust, Inc. is a fully integrated owner, operator, and developer of industrial real estate. The company manages, leases, buys, (re)develops, and sells bulk and regional distribution centers, light industrial, and other industrial facility types.