FDL Dividend History & Analysis | 4.2% Yield

FDL has a dividend yield of 4.2% and paid 1.79 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 4.16%
Payout Ratio -
Growth Rate CAGR 5y 2.31%
Consistency Lifetime 95.5%
Yield on Cost 5y 7.33%
Payout FCF -
Streak Years 20
Dividend Rating 58.94%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.
■ Yield (right) | ■ Price (left) | ┅ Avg Yield
Total Return 12m: 23.6%
Total Return 5y: 103.2%

Top Dividend Payers in Large Value

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
SPHD 3,087 M 4.13% 6.14%
SDOG 1,320 M 3.80% 5.74%
SCHD 76,497 M 3.85% 5.61%
DHS 1,360 M 3.50% 5.83%
CDL 366 M 3.44% 5.52%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
FDV 589 M 170% 88.6%
BKDV 876 M 163% 100%
CGCV 1,393 M 143% 100%
BGIG 414 M 74.8% 100%
TVAL 593 M 52.3% 100%

Quality Dividend Peers in Large Value

DFUV
Dimensional US
 1.66% Yield
SDOG
ALPS Sector Dividend
 3.80% Yield
SPVU
SP500 Enhanced Value
 2.58% Yield
VLU
S&P 1500 Value Tilt
 1.95% Yield
MGV
Mega Cap Value Shares
 2.14% Yield
VTV
Value Shares
 2.16% Yield

FDL Dividend History: Last 50 Payments (USD) as of February 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2025-12-12 2025-12-12 2025-12-31 0.55 29.7% 1.24%
2025-09-25 2025-09-25 2025-09-30 0.424 -7.4% 0.98%
2025-06-26 2025-06-26 2025-06-30 0.458 28.3% 1.1%
2025-03-27 2025-03-27 2025-03-31 Quarterly 0.357 19% 0.83%
2024-12-31 0.3 -38.8% 0.75%
2024-12-13 2024-12-13 2024-12-31 Quarterly 0.49 26.3% 1.18%
2024-09-26 2024-09-26 2024-09-30 Quarterly 0.388 -20% 0.94%
2024-06-27 2024-06-27 2024-06-28 Quarterly 0.485 46.1% 1.29%
2024-03-21 2024-03-22 2024-03-28 Quarterly 0.332 -35.8% 0.88%
2023-12-22 2023-12-26 2023-12-29 Quarterly 0.517 43.2% 1.45%
2023-09-22 2023-09-25 2023-09-29 Quarterly 0.361 -21% 1.06%
2023-06-27 2023-06-28 2023-06-30 Quarterly 0.457 47.4% 1.37%
2023-03-24 2023-03-27 2023-03-31 Quarterly 0.31 -20.3% 0.93%
2022-12-23 2022-12-27 2022-12-30 Quarterly 0.389 -3.2% 1.08%
2022-09-23 2022-09-26 2022-09-30 Quarterly 0.402 69.6% 1.2%
2022-06-24 2022-06-27 2022-06-30 Quarterly 0.237 -15.1% 0.67%
2022-03-25 2022-03-28 2022-03-31 Quarterly 0.279 -19.1% 0.75%
2021-12-30 2021-12-31 2022-01-10 Other 0.345 -19.4% 0.97%
2021-12-23 2021-12-27 2021-12-31 Quarterly 0.428 55.6% 1.22%
2021-09-23 2021-09-24 2021-09-30 Quarterly 0.275 -21% 0.84%
2021-06-24 2021-06-25 2021-06-30 Quarterly 0.348 46.8% 1.05%
2021-03-25 2021-03-26 2021-03-31 Quarterly 0.237 -35.6% 0.74%
2020-12-24 2020-12-28 2020-12-31 Quarterly 0.368 23.1% N/A
2020-09-24 2020-09-25 2020-09-30 Quarterly 0.299 -19% N/A
2020-06-25 2020-06-26 2020-06-30 Quarterly 0.369 27.2% N/A
2020-03-26 2020-03-27 2020-03-31 Quarterly 0.29 -18.8% N/A
2019-12-13 2019-12-16 2019-12-31 Quarterly 0.357 -6.5% N/A
2019-09-25 2019-09-26 2019-09-30 Quarterly 0.382 49.8% N/A
2019-06-14 2019-06-17 2019-06-28 Quarterly 0.255 11.4% N/A
2019-03-21 2019-03-22 2019-03-29 Quarterly 0.229 -34.9% N/A
2018-12-18 2018-12-19 2018-12-31 Quarterly 0.352 45.5% N/A
2018-09-14 2018-09-17 2018-09-28 Quarterly 0.242 -7.6% N/A
2018-06-21 2018-06-22 2018-06-29 Quarterly 0.262 15.9% N/A
2018-03-22 2018-03-23 2018-03-29 Quarterly 0.226 -21.8% N/A
2017-12-21 2017-12-22 2017-12-29 Quarterly 0.289 35.7% N/A
2017-09-21 2017-09-22 2017-09-29 Quarterly 0.213 -10.5% N/A
2017-06-22 2017-06-26 2017-06-30 Quarterly 0.238 10.2% N/A
2017-03-23 2017-03-27 2017-03-31 Quarterly 0.216 -18.8% N/A
2016-12-21 2016-12-23 2016-12-30 Quarterly 0.266 32.3% N/A
2016-09-21 2016-09-23 2016-09-30 Quarterly 0.201 11.7% N/A
2016-06-22 2016-06-24 2016-06-30 Quarterly 0.18 7.1% N/A
2016-03-23 2016-03-28 2016-03-31 Quarterly 0.168 -31.7% N/A
2015-12-23 2015-12-28 2015-12-31 Quarterly 0.246 28.1% N/A
2015-09-23 2015-09-25 2015-09-30 Quarterly 0.192 -12.3% N/A
2015-06-24 2015-06-26 2015-06-30 Quarterly 0.219 5.3% N/A
2015-03-25 2015-03-27 2015-03-31 Quarterly 0.208 -3.7% N/A
2014-12-23 2014-12-26 2014-12-31 Quarterly 0.216 6.9% N/A
2014-09-23 2014-09-25 2014-09-30 Quarterly 0.202 4.7% N/A
2014-06-24 2014-06-26 2014-06-30 Quarterly 0.193 0.5% N/A
2014-03-25 2014-03-27 2014-03-31 Quarterly 0.192 0% N/A

FDL Dividend FAQ

The First Trust Morningstar Dividend Leaders Index Fund (FDL) is a U.S.-based large-value ETF that aims to track an index of the 100 highest-yielding U.S. equities with a consistent dividend-payment history and demonstrated ability to sustain those payouts. By mandate, the fund allocates at least 90 % of its net assets-including any investment-borrowed capital-to the constituent securities, resulting in a relatively concentrated, non-diversified portfolio.

What is the Dividend Yield of FDL?

As of February 2026, FDL`s dividend yield is 4.16%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.79 USD by the current share price of 49.60.

Does FDL pay a dividend?

As of February 2026, FDL paid a dividend of 1.79 USD in the last 12 months. The last dividend was paid on 2025-12-12 and the payout was 0.55 USD.

How often does FDL pay dividends?

FDL pays dividends quarterly. Over the last 12 months, FDL has issued 4 dividend payments. The last dividend payment was made on 2025-12-12.

FDL dividend forecast

Based on historical data, the forecasted dividends per share for FDL for the next 4 payments are between 0.421 (-23.5%) and 0.461 (-16.2%).
This represents a significant dividend cut compared to the last payment.

Will FDL pay dividends in 2026?

The latest dividend paid per share was 0.55 USD with an Ex-Dividend Date of 2025-12-12. The next Ex-Dividend date for Morningstar Dividend (FDL) is currently unknown.

What is the next Ex-Dividend Date for FDL?

The next Ex-Dividend date for Morningstar Dividend (FDL) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of FDL?

FDL's average dividend growth rate over the past 5 years is 2.31% per year.
Weak growth: FDL's Dividend growth is lower than inflation.

What is the Yield on Cost of FDL?

FDL's 5-Year Yield on Cost is 7.33%. If you bought FDL's shares at 24.41 USD five years ago, your current annual dividend income (1.79 USD per share, trailing 12 months) equals 7.33% of your original purchase price.

What is the Payout Consistency of FDL?

FDL Payout Consistency is 95.5%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Very consistent: Morningstar Dividend has a strong track record of consistent dividend payments over its lifetime.

Does FDL have a good Dividend Yield?

FDL`s 4.16% Dividend Yield is considered as good. Make sure the dividend is sustainable: Check the Payouts-Ratio over time.

What is the Dividend Payout Ratio of FDL?

The Dividend Payout Ratio of FDL is unknown.

What is the Dividend Rating of FDL?

FDL`s Overall Dividend Rating is 58.94%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

Key Metric Definitions

Dividend Yield
Annual dividend per share divided by current share price.
Payout Ratio
Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.
Payout FCF
Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.
Growth Rate (CAGR)
Compound annual growth rate of dividends over the last 5 years.
Consistency
Reliability of dividend payments over lifetime. Penalizes cuts and pauses.
Yield on Cost
Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.
Streak
Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.
Dividend Rating
Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-01-30 14:22