FDL Distribution History & Yield
First Trust Morningstar Dividend Leaders Index Fund · NYSEArca
Upcoming distribution payments
| Ex-date | Pay date | Per share | Per 100 shares | Status |
|---|---|---|---|---|
| Thu, Dec 24, 2026 (in 60 days) | Jan 7, 2027 | $0.514 | $51.40 | Estimated |
| Thu, Mar 25, 2027 (in 151 days) | Apr 8, 2027 | $0.514 | $51.40 | Estimated |
| Thu, Jun 24, 2027 (in 242 days) | Jul 8, 2027 | $0.514 | $51.40 | Estimated |
| Thu, Sep 23, 2027 (in 333 days) | Oct 7, 2027 | $0.514 | $51.40 | Estimated |
Estimated dates and amounts are projected from FDL's recent payment pattern and will be replaced by declared figures when the fund announces them. Total over the next 12 months: about $2.056 per share.
Distribution payment history
Last 40 payments per share. RegularSpecial
Annual distributions per share
How much FDL do you need for monthly income?
| Target income | Shares needed | Capital at today's price | Per year |
|---|---|---|---|
| $100 / month | 584 | $30,905 | $1,200 |
| $500 / month | 2,919 | $154,523 | $6,000 |
| $1,000 / month | 5,837 | $309,047 | $12,000 |
Based on the forward yield of 3.88%. $10,000 in FDL would currently pay about $388 a year ($32 a month on average). Model reinvestment and growth →
FDL distribution history
| Ex-date | Pay date | Amount | Change |
|---|---|---|---|
| Sep 24, 2026 | — | $0.514 | +8.7% |
| Jun 25, 2026 | — | $0.473 | +18.0% |
| Mar 26, 2026 | — | $0.401 | -27.1% |
| Dec 12, 2025 | — | $0.55 | +29.7% |
| Sep 25, 2025 | — | $0.424 | -7.4% |
| Jun 26, 2025 | — | $0.458 | +28.3% |
| Mar 27, 2025 | — | $0.357 | +19.0% |
| Dec 31, 2024 | — | $0.30 | -38.8% |
| Dec 13, 2024 | — | $0.49 | +26.3% |
| Sep 26, 2024 | — | $0.388 | -20.0% |
| Jun 27, 2024 | — | $0.485 | +46.1% |
| Mar 21, 2024 | — | $0.332 | -35.8% |
| Dec 22, 2023 | — | $0.517 | +43.2% |
| Sep 22, 2023 | — | $0.361 | -21.0% |
| Jun 27, 2023 | — | $0.457 | +47.4% |
| Mar 24, 2023 | — | $0.31 | -20.3% |
| Dec 23, 2022 | — | $0.389 | -3.2% |
| Sep 23, 2022 | — | $0.402 | +69.6% |
| Jun 24, 2022 | — | $0.237 | -15.1% |
| Mar 25, 2022 | — | $0.279 | -19.1% |
| Dec 30, 2021 | — | $0.345 | -19.4% |
| Dec 23, 2021 | — | $0.428 | +55.6% |
| Sep 23, 2021 | — | $0.275 | -21.0% |
| Jun 24, 2021 | — | $0.348 | +46.8% |
Payout risk check
FDL's last 12 distributions were fairly stable (consistency score 83/100).
Its share price moved +22.0% over the past year.
This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.
About First Trust Morningstar Dividend Leaders Index Fund
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index is designed to measure the performance of the 100 highest-yielding stocks that have a consistent record of dividend payment and have the ability to sustain their dividend payments. It is non-diversified.
Fund family: First Trust. Category: Large Value. First distribution on our records: Jun 23, 2006. 84 payments tracked. Data last refreshed Oct 24, 2026. Spotted a mistake? Report it and we'll fix it.
FDL distribution FAQ
When is FDL's next ex-distribution date?
FDL's next ex-distribution date is Dec 24, 2026 (in 60 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $0.514 per share, expected on Jan 7, 2027.
How often does FDL pay distributions?
FDL pays distributions every quarter, 4 times a year. The most recent payment was $0.514 per share with an ex-date of Sep 24, 2026.
What is FDL's distribution yield?
FDL's trailing 12-month distribution yield is 3.66%, based on $1.938 per share paid over the last year and a share price of $52.95. The forward yield, using the indicated annual rate of $2.056 per share, is 3.88%.
How much does FDL pay per share?
FDL pays about $0.514 per share each quarter, which works out to roughly $2.056 per share a year. 100 shares would collect about $205.60 a year.
Has FDL grown or cut its distribution?
FDL has raised its annual distribution for 1 consecutive year. Over the last 5 years the regular payout has grown at 9.6% a year (-4.5% over the last year). There has been no cut to a regular payment in the last 5 years.
How many shares of FDL do I need to earn $100 a month?
At the current forward yield of 3.88%, you would need about 584 shares of FDL (roughly $30,905 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.
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