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

The iShares Floating Rate Bond ETF (FLOT) seeks to track the investment results of the Bloomberg US Floating Rate Note < 5 Years Index, which measures the performance of U.S. dollar-denominated, investment-grade floating rate notes. Bloomberg, the index provider, determines which notes count as investment grade.^1,2

Each note in the index pays a variable coupon rate based on a reference rate such as the Secured Overnight Financing Rate (SOFR) and a fixed spread. According to the fact sheet, FLOT offers a way to help reduce interest rate risk while seeking income from corporate debt. Because most of the debt instruments FLOT holds will have floating or variable rates, the fund's income may decline when interest rates fall.^1,2

FLOT distributes monthly. The iShares schedule places it among the monthly-distributing bond and equity ETFs, which intend to go ex-dividend on the first business day of each month, except for January, which is expected to be recognized in mid-December.^2,3

Securities in the index have a remaining maturity of greater than or equal to one month and less than five years, and have $300 million or more of outstanding face value. The index is market capitalization-weighted, its securities are updated on the last calendar day of each month, and it may include U.S. registered, dollar-denominated bonds of non-U.S. corporations, governments and supranational entities.¹

BlackRock Fund Advisors (BFA) manages FLOT with representative sampling, an indexing strategy that involves investing in a representative sample of securities or other instruments that collectively has an investment profile similar to that of the index. The instruments selected are expected to have, in the aggregate, investment characteristics, fundamental characteristics and liquidity measures similar to those of the index. The fund may or may not hold all of the index components.¹

FLOT will invest at least 80% of its assets in the index's component securities. At least 90% will go into fixed income securities of the types included in the index that BFA believes will help the fund track it. No more than 10% will go into futures, options and swaps contracts and into fixed income securities other than the types included in the index that BFA believes will help the fund track the index.¹

Dividend Stacker's record of past FLOT payments, with per-share amounts adjusted for any share splits or reverse splits, shows 12 distributions in each completed year from 2012 through 2025. The 2012 total was $0.5091 per share, followed by declines of 52.9% in 2013 and 7.2% in 2014, when the total reached $0.2227.⁴

Annual totals then rose in each year from 2015 through 2019, with gains of 19.8%, 85.2%, 49.8%, 63.6% and 16.9%, reaching $1.42 per share in 2019. The total fell 55.2% in 2020 and another 65.8% in 2021, to $0.2166 per share.⁴

The 2022 total jumped 378.9% to $1.04 per share, and 2023 climbed 176.3% to $2.87. The total edged up 3.2% to $2.96 in 2024, then dropped 16.8% to $2.46 in 2025.⁴

The prospectus lists floating rate securities risk and interest rate risk for FLOT. Securities with floating or variable rates can be less sensitive to interest rate changes than fixed-rate securities, but may decline in value if their coupon rates do not reset as high, or as quickly, as comparable market interest rates, and generally carry lower yields than fixed securities of the same maturity. Interest rate risk refers to the risk of fluctuations in the value of a fixed-income security due to changes in the general level of interest rates.¹

Credit risk is the risk that an issuer, guarantor or liquidity provider of a fixed-income security may be unable or unwilling, or may be perceived as unable or unwilling, to make timely principal and/or interest payments or to otherwise honor its obligations. FLOT may be adversely affected if an investment it holds experiences a downgrade or a default.¹

Securities issued by non-U.S. issuers (including depositary receipts) are subject to different legal, regulatory, political, economic, and market risks than securities issued by U.S. issuers.¹

A supranational entity is an entity established or financially supported by the governments of several countries to promote reconstruction, economic development or trade, such as the World Bank. There is a risk that such entities may be unable or unwilling to repay principal or interest when due on obligations they have issued or guaranteed.¹

Financial services companies are subject to extensive governmental regulation and intervention, which may adversely affect their profitability, the scope of their activities, the prices they can charge, the amount of capital and liquid assets they must maintain and their size, among other things.¹