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FDL Dividend Calculator

Project dividend-reinvestment (DRIP) growth, income, and yield on cost for First Trust Morningstar Dividend Leaders Index Fund (FDL). Pre-filled with FDL’s current yield of about 3.74% (as of Jul 10, 2026) — edit the growth and tax assumptions to fit your plan.

Your scenario
$
$
%
% / yr
% / yr
yrs
%
Projected value at year 20

$403,291

You'll have invested

$130,000

Dividends received (net)

$160,609

Capital growth

$112,682

Annualized return

9.56%

Final annual dividend

$27,748

Yield on cost

21.34%

Growth over time

Line chart plotting three series by year: portfolio value, cumulative contributions, and cumulative net dividends. Over 20 years the portfolio grows to $403,291 from $130,000 contributed, including $160,609 in net dividends. The exact figures are listed in the results above this chart.

FDL dividend: yield, amount & dates

Snapshot of First Trust Morningstar Dividend Leaders Index Fund (FDL) dividend data as of Jul 10, 2026. Figures change — verify the current numbers with your broker before investing.

Current dividend

Dividend yield

~3.74%

Annual dividend (TTM)

$1.85

Frequency

Quarterly

Latest dividend
$0.4732 / share
Ex-dividend date
Jun 25, 2026
Pay date
Jun 30, 2026

Source: dividend records via stockanalysis.com. For the latest figures, check that source or your broker. Not financial advice.

FDL dividend history

Recent FDL dividend payments: ex-dividend date, amount per share, and pay date.
Ex-dividend dateAmount / sharePay date
Jun 25, 2026$0.4732Jun 30, 2026
Mar 26, 2026$0.4005Mar 31, 2026
Dec 12, 2025$0.5499Dec 31, 2025
Sep 25, 2025$0.424Sep 30, 2025
Jun 26, 2025$0.4584Jun 30, 2025
Mar 27, 2025$0.3573Mar 31, 2025

Recent FDL dividend payments (most recent first), as of Jul 10, 2026. Amounts are per share, before any tax withholding. For the complete history see stockanalysis.com.

FDL dividend income calculator

Pre-filled with FDL’s current yield of about 3.74%. See the income an amount of First Trust Morningstar Dividend Leaders Index Fund would pay, or how much you’d need for a target monthly income.

$

Estimated annual dividend income from FDL

$374

Per month (avg)

$31

Per payment (4×/yr)

$93.50

≈ shares (est.)

202

FDL pays roughly once a quarter (4× a year). Figures use FDL’s current yield and assume it stays constant; real yields move with the share price and the dividend. Share counts are approximate, based on an estimated price of about $49.40. For a covered-call or variable-payout fund the yield is backward-looking, not a promise. Educational only — not financial advice.

FDL dividend snapshot

Varies by period

As of Jul 10, 2026, FDL yields about 3.74%, having distributed $1.8476 per share over the trailing twelve months.

Its most recent payment was $0.4732 per share, which went ex-dividend on Jun 25, 2026 and paid on Jun 30, 2026.

FDL's quarterly payments have varied over the period shown, from $0.3573 to $0.5499 per share, with the latest at $0.4732.

Based on FDL’s published payment record as of Jul 10, 2026 — a description of what the dividend has done, not a rating or a forecast.

About FDL

FDL tracks the Morningstar Dividend Leaders Index, which holds the 100 highest-yielding US stocks that have a consistent record of paying dividends and the apparent ability to sustain them. The yield-weighted screen tilts toward established, higher-yielding companies.

FDL is a high-dividend etf from First Trust that distributes quarterly. Because dividend investing is about both income and the growth of that income, the calculator above lets you model three things independently for FDL: the starting yield, how fast the dividend grows each year, and how fast the share price appreciates. That separation matters most for high-yield versus dividend-growth choices, where a lower starting yield that grows quickly can overtake a higher static yield over time.

How to use the FDL calculator

  1. Replace the pre-filled yield with FDL’s current dividend yield from your broker or the fund’s page.
  2. Set your initial investment and monthly contribution.
  3. Estimate the dividend growth rate and price growth rate. For a high-dividend etf these can differ a lot — be realistic rather than optimistic.
  4. Choose your dividend tax rate and whether to reinvest (DRIP), then read the projected value, dividends received, and yield on cost.

The full math, including how the money-weighted return is computed, is on the methodology page.

FDL dividend calculator FAQ

How does this FDL dividend calculator work?
It runs a month-by-month projection: each month it adds your contribution, pays a dividend based on the yield, optionally reinvests it (DRIP), then applies price growth. The page loads pre-filled with FDL's current yield (about 3.74% as of Jul 10, 2026); adjust the dividend-growth, price-growth, and tax assumptions to fit your own outlook.
What yield should I use for FDL?
As of Jul 10, 2026, FDL's dividend yield was about 3.74% ($1.8476 per share over the trailing year). Yields move with the share price, so use the current figure from your broker rather than a fixed number. Enter the trailing or forward yield, whichever you prefer to model.
How often does FDL pay dividends, and when?
First Trust Morningstar Dividend Leaders Index Fund pays a quarterly dividend; its most recent payment was $0.4732 per share, ex-dividend Jun 25, 2026. This calculator compounds monthly and projects annual totals, so it works the same regardless of the payment schedule — the cadence just affects when cash actually lands in your account.
Is the FDL projection a guarantee?
No. It is an educational projection based on the assumptions you enter, held constant. Real dividends can rise, be cut, or stop, and prices fluctuate. Use it to compare scenarios, not to predict returns, and never rely on a single calculator for an investment decision.

Add the FDL widget to your site

Writers and site owners can embed FDL’s live dividend yield and income table free — it updates as the data refreshes.

Embed the FDL widget

Paste this on your site to show FDL’s live dividend yield and income table. Free — it stays current as the data updates.

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