FELC Dividend History - Fidelity Covington Trust

Track the latest FELC dividend history! 0.77% Dividend Yield, 395.98% Annual Growth - Explore FELC's complete dividend history

Yield 12m 0.77%
Cash Amount 12m 0.26
Dividend Growth 5y avg 395.98%
Dividend Rating 40.23%
Yield on Cost 5y 1.03%
Payout Ratio current -
Payout Frequency 12m 4
Payout Consistency 100.0%
Total Return 12m: 28.03%
#28 in Group
Total Return 5y: 33.31%
#128 in Group

Dividends Cash Amount per Share Yearly

Number of Payouts Yearly

5 Years Chart with Price and Dividend Yield

Top Dividend Payers in Large Blend
Top Dividend Yield
Symbol Market Cap in USD Yield Yield on Cost
FELC 4,155m 0.77% 1.03%
YMAX 429m 40.6% 52.2%
YMAG 264m 33.3% 45.9%
QDTE 623m 29.2% 34.3%
Top Dividend Grower
Symbol Market Cap in USD Grow Rating
FELC 4,155m 396% 40.2%
EQTY 1,223m 98.1% 48.9%
QLTY 1,443m 96.9% 49.6%
OALC 128m 92.6% 45.9%

FELC Dividend History - Last 4 Dividends (Paid in USD)

Ex-Date Record Date Payment Date Period Cash Amount Growth Rate Payout Yield
2024-09-20 2024-09-20 2024-09-24 Quarterly 0.078 -1.3% 0.25%
2024-06-21 2024-06-21 2024-06-25 Quarterly 0.079 -11.2% 0.26%
2024-03-15 2024-03-18 2024-03-20 Quarterly 0.089 790% 0.31%
2023-12-28 2023-12-29 2024-01-03 Other 0.01 0.04%

FELC Dividend History - FAQ

What is the Dividend Yield of FELC?

As of December 2024 FELC`s Dividend Yield is 0.77%. It is calculated by dividing the dividend payments of the last 12-Months (TTM) of 0.26 USD by the current stock price of 33.26.

What is the long-term Dividend Growth Rate of FELC?

In the last 5 Years the Average Dividend Growth Rate was 395.98% per year. This shows that the dividend payments have been growing over time. It is a good sign, as it indicates that the dividend payments have been growing faster than the inflation rate.

How often does FELC pay dividends?

Within the last 12 Months (TTM, Trailing Twelve Months) FELC paid 4 times a dividend.

What is the Yield on Cost of FELC?

The 5 Year Yield-On-Cost is 1.03%. That's the effective dividend income you'd receive today if you purchased Fidelity Covington Trust five years ago. It is calculated by the Rate of the last 12 Months (0.26) divided by the price 5 years ago (24.95).

What is the Payout Consistency of FELC?

FELC has a Payout Consistency of 100.0%. It shows how stable (Values above 85%) or unstable (Values below 65%) the dividend payouts have been over time. Cutting a dividend is considered negative, while increasing it is considered positive. Equally paying dividends is considered moderate positive.

What is the Dividend Rating of FELC?

The Overall Dividend Rating of 40.23 is quantified on a scale from 0 to 100. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional. The calculations includes: Yield, Yield on Cost, Dividend History, Consistency of Payouts and Growth Rates over time.

Does FELC have a good Dividend Yield?

FELC`s 0.77% Dividend Yield is considered as: low.
A good Dividend Yield is generally considered to be at least 4%, while a high dividend yield is considered to be anything over 6%.

What is the next Dividend Date for FELC?

The next Dividend Date for FELC is unknown.

What is the Dividend Payout Ratio of FELC?

The Dividend Payout Ratio of FELC is unknown. A lower payout ratio, such as 30-60%, means there's more room for dividends to grow and better protection to pay dividends even in a recession. If it’s over 80-90%, it could be a red flag that dividends might not be sustainable. However, certain sectors have exceptions due to regulatory requirements or industry norms. For example, REITs and BDCs are required by law to distribute 90% or more of their taxable income as dividends, making high payout ratios standard. Banks, on the other hand, often maintain moderate payout ratios (40-60%) to comply with regulatory capital requirements and ensure stability. If companies outside these regulated sectors have payout ratios exceeding 80-90%, it could be a red flag for unsustainable dividends.