How often does FDL pay dividends?

FDL currently distributes every quarter, based on its recent payment history. Its most recent ex-dividend date was Jun 25, 2026 at $0.4732 per share.

When is FDL's next ex-dividend date?

Based on its recent schedule, FDL's next ex-dividend date is estimated around Dec 21, 2026, with payment around Jan 20, 2027. This is an estimate — the fund's official announcement is authoritative.

What is FDL's dividend yield?

Over the trailing 12 months, FDL paid $1.85 per share, a trailing 12-month yield of 3.7% at the current share price. The recent payout yield, from the latest payments annualized, is 3.7%. High-yield fund distributions vary, so these two yields can differ.

What is FDL's total return with dividends reinvested?

A $10,000 investment in FDL on Sep 22, 2021 would be worth about $19,069 on Sep 23, 2026 with all distributions reinvested (+90.7%). Share price alone moved +52.5% over the same period.

Dividend ETF

FDL Dividend: Next Ex-Date, History & Total Return

First Trust Morningstar Dividend Leaders Index Fund

Price: $50.40
Trailing 12-month yield: 3.7%
Recent payout yield: 3.7%
Next ex-date: Dec 21, 2026; Estimated

52-week range $42.27–$53.46 · +15.6% over 12 months · Data as of Sep 24, 2026

Next FDL Dividend

EstimatedQuarterly payer

Estimated next ex-dividend date

Dec 21, 2026

Estimated pay date

Jan 20, 2027

Estimated amount per share

$0.4486

Estimated from FDL's recent distribution schedule (last actual ex-date: Jun 25, 2026 at $0.4732/share). Amounts vary each period — confirm with the fund's official announcement.

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FDL Dividend History

83 distributions since Jun 23, 2006 · trailing 12-month total $1.85/share (3.7% of current price)

Ex-dividend date	Pay date	Amount per share
Jun 25, 2026	Jul 25, 2026	$0.4732
Mar 26, 2026	Apr 26, 2026	$0.4005
Dec 12, 2025	Jan 12, 2026	$0.5499
Sep 25, 2025	Oct 25, 2025	$0.4240
Jun 26, 2025	Jul 26, 2025	$0.4584
Mar 27, 2025	Apr 27, 2025	$0.3573
Dec 31, 2024	Jan 31, 2025	$0.3000
Dec 13, 2024	Jan 13, 2025	$0.4898
Sep 26, 2024	Oct 26, 2024	$0.3881
Jun 27, 2024	Jul 27, 2024	$0.4854
Mar 21, 2024	Apr 21, 2024	$0.3320
Dec 22, 2023	Jan 22, 2024	$0.5172

Total distributions by year

2026 (2 payments)

$0.87/share

2025 (4 payments)

$1.79/share

2024 (5 payments)

$2.00/share

2023 (4 payments)

$1.64/share

2022 (4 payments)

$1.31/share

2021 (5 payments)

$1.63/share

2020 (4 payments)

$1.33/share

2019 (4 payments)

$1.22/share

2018 (4 payments)

$1.08/share

2017 (4 payments)

$0.96/share

2016 (4 payments)

$0.81/share

2015 (4 payments)

$0.86/share

2014 (4 payments)

$0.80/share

2013 (4 payments)

$0.69/share

2012 (4 payments)

$0.71/share

2011 (4 payments)

$0.61/share

2010 (4 payments)

$0.58/share

2009 (4 payments)

$0.57/share

2008 (4 payments)

$0.80/share

2007 (4 payments)

$0.88/share

2006 (3 payments)

$0.60/share

If You Invested $10,000 in FDL

Sep 22, 2021 to Sep 23, 2026, using actual prices and distributions

Show cash-dividend line

End value with DRIP

$19,069

+90.7%

End value, dividends as cash

$17,875

+78.7% · $2,621 cash collected

Share price alone

+52.5%

excluding all dividends

Annualized (DRIP)

+13.8%

over 5.0 years

Historical performance. Reinvestment modeled at the closing price on the first trading day on or after each ex-dividend date. Past results do not predict future returns.

FDL vs SPY

$10,000 invested Sep 22, 2021 to Sep 23, 2026, all dividends reinvested

SPY

FDL (this fund)

$19,069

+90.7% total

SPY

$18,752

+87.5% total

An honest yardstick for income funds: high distributions can still trail simply holding a broad index. All series use actual prices and distributions with reinvestment on the ex-date.

FDL Income Goal Calculator

How much you would need invested today to reach a monthly income target, at the trailing 12-month payout rate

Target monthly income

Investment needed

$163,672

Shares needed

3,248

at $50.40

Effective yield used

3.7%

trailing 12 months

Based on the trailing 12-month distributions per share. Future distributions can be higher or lower; this is not a guarantee of income.

About FDL

Seeks income by holding Morningstar Dividend Leaders Index.

Income: Dividends from the underlying stocks. No options overlay.

Underlying: Morningstar Dividend Leaders Index
Payout: quarterly

FDL Dividend FAQ

How often does FDL pay dividends?: FDL currently distributes every quarter, based on its recent payment history. Its most recent ex-dividend date was Jun 25, 2026 at $0.4732 per share.
When is FDL's next ex-dividend date?: Based on its recent schedule, FDL's next ex-dividend date is estimated around Dec 21, 2026, with payment around Jan 20, 2027. This is an estimate — the fund's official announcement is authoritative.
What is FDL's dividend yield?: Over the trailing 12 months, FDL paid $1.85 per share, a trailing 12-month yield of 3.7% at the current share price. The recent payout yield, from the latest payments annualized, is 3.7%. High-yield fund distributions vary, so these two yields can differ.
What is FDL's total return with dividends reinvested?: A $10,000 investment in FDL on Sep 22, 2021 would be worth about $19,069 on Sep 23, 2026 with all distributions reinvested (+90.7%). Share price alone moved +52.5% over the same period.

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Data as of Sep 24, 2026 (quotes delayed 15+ minutes). Data is refreshed daily from market sources. Nothing on this page is investment advice. Estimates (next dividend date, amounts, breakeven timelines) are derived from historical distributions and can differ from actual fund announcements. See how these numbers are calculated.