FFSM Distribution History & Yield

Fidelity Covington Trust - Fidelity Fundamental Small-Mid Cap ETF · Cboe US

ETF Quarterly payer
$36.48
+0.63% today
as of Sep 9, 2026
TTM yield
0.44%
$0.162/share over the last 12 months
Forward yield
0.43%
$0.156/share indicated annual rate
Annual distribution
$0.156
per share, forward
Per payment
$0.039
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-distribution date
Sep 17, 2026 Estimated
in 8 days
Next pay date
Oct 1, 2026
in 22 days
Last ex-distribution date
Jun 18, 2026
$0.039 per share
Expense ratio
n/a
assets n/a
Consistency
82/100
fairly stable payouts
3y distribution CAGR
+6.0%
annualised (too young for 5y)
Growth streak
0 yrs
no current streak
Years paying
5.5
since Mar 19, 2021
1y total return
+27.1%
price +26.5% + distributions 0.6%

Upcoming distribution payments

Ex-datePay datePer sharePer 100 sharesStatus
Thu, Sep 17, 2026 (in 8 days) Oct 1, 2026 $0.039 $3.90 Estimated
Thu, Dec 17, 2026 (in 99 days) Dec 31, 2026 $0.039 $3.90 Estimated
Thu, Mar 18, 2027 (in 190 days) Apr 1, 2027 $0.039 $3.90 Estimated
Thu, Jun 17, 2027 (in 281 days) Jul 1, 2027 $0.039 $3.90 Estimated

Estimated dates and amounts are projected from FFSM's recent payment pattern and will be replaced by declared figures when the fund announces them. Total over the next 12 months: about $0.156 per share.

Distribution payment history

Last 22 payments per share. RegularSpecial

Last 22 payments per share from Mar 19, 2021 to Jun 18, 2026; most recent $0.039$0.00$0.04$0.08Mar 19, 2021: $0.01Mar '21Jun 18, 2021: $0.016Sep 17, 2021: $0.035Dec 17, 2021: $0.029Dec '21Mar 18, 2022: $0.017Jun 17, 2022: $0.026Sep 16, 2022: $0.041Sep '22Dec 16, 2022: $0.033Mar 17, 2023: $0.035Jun 16, 2023: $0.027Jun '23Sep 15, 2023: $0.03Dec 15, 2023: $0.04Mar 15, 2024: $0.032Mar '24Jun 21, 2024: $0.036Sep 20, 2024: $0.038Dec 20, 2024: $0.06Dec '24Mar 21, 2025: $0.045Jun 20, 2025: $0.045Sep 19, 2025: $0.043Sep '25Dec 19, 2025: $0.04Mar 20, 2026: $0.04Jun 18, 2026: $0.039Jun '26

Annual distributions per share

Annual dividend per share by calendar year, 2021 to 2026 (year to date)$0.00$0.10$0.202021: $0.09$0.0920212022: $0.117$0.11720222023: $0.132$0.13220232024: $0.166$0.16620242025: $0.173$0.17320252026 (YTD): $0.079$0.0792026 YTD

How much FFSM do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month7,693$280,615$1,200
$500 / month38,462$1,403,077$6,000
$1,000 / month76,924$2,806,154$12,000

Based on the forward yield of 0.43%. $10,000 in FFSM would currently pay about $43 a year ($4 a month on average). Model reinvestment and growth →

FFSM distribution history

Download CSV
Ex-datePay dateAmountChange
Jun 18, 2026 $0.039 -2.5%
Mar 20, 2026 $0.04 +0.0%
Dec 19, 2025 $0.04 -7.0%
Sep 19, 2025 $0.043 -4.4%
Jun 20, 2025 $0.045 +0.0%
Mar 21, 2025 $0.045 -25.0%
Dec 20, 2024 $0.06 +57.9%
Sep 20, 2024 $0.038 +5.6%
Jun 21, 2024 $0.036 +12.5%
Mar 15, 2024 $0.032 -20.0%
Dec 15, 2023 $0.04 +33.3%
Sep 15, 2023 $0.03 +11.1%
Jun 16, 2023 $0.027 -22.9%
Mar 17, 2023 $0.035 +6.1%
Dec 16, 2022 $0.033 -19.5%
Sep 16, 2022 $0.041 +57.7%
Jun 17, 2022 $0.026 +52.9%
Mar 18, 2022 $0.017 -41.4%
Dec 17, 2021 $0.029 -17.1%
Sep 17, 2021 $0.035 +118.8%
Jun 18, 2021 $0.016 +60.0%
Mar 19, 2021 $0.01

Payout risk check

Distribution stabilityLow risk

FFSM's last 12 distributions were fairly stable (consistency score 82/100).

Its share price moved +26.5% 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 Fidelity Covington Trust - Fidelity Fundamental Small-Mid Cap ETF

First distribution on our records: Mar 19, 2021. 22 payments tracked. Data last refreshed Sep 9, 2026. Spotted a mistake? Report it and we'll fix it.

FFSM distribution FAQ

When is FFSM's next ex-distribution date?

FFSM's next ex-distribution date is Sep 17, 2026 (in 8 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $0.039 per share, expected on Oct 1, 2026.

How often does FFSM pay distributions?

FFSM pays distributions every quarter, 4 times a year. The most recent payment was $0.039 per share with an ex-date of Jun 18, 2026.

What is FFSM's distribution yield?

FFSM's trailing 12-month distribution yield is 0.44%, based on $0.162 per share paid over the last year and a share price of $36.48. The forward yield, using the indicated annual rate of $0.156 per share, is 0.43%.

How much does FFSM pay per share?

FFSM pays about $0.039 per share each quarter, which works out to roughly $0.156 per share a year. 100 shares would collect about $15.60 a year.

Has FFSM grown or cut its distribution?

Over the last 3 years the regular payout changed +6.0% a year. There has been no cut to a regular payment in the last 5 years. As a fund, FFSM's distributions vary with the income its holdings generate, so payouts are not designed to rise every year the way a dividend-growth stock's are.

How many shares of FFSM do I need to earn $100 a month?

At the current forward yield of 0.43%, you would need about 7,693 shares of FFSM (roughly $280,615 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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