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First Trust Stock Dividends Overview

FMY pays dividends monthly. Last paid amount was $0.0825 at May 15, 2024. As of today, dividend yield (TTM) is 7.44%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 7.44%
Frequency Monthly
1Y Growth 50.00%
Payout Ratio 0
Amount Per Share $0.0825
First Trust has not yet announced its next dividend date. Last payment date was: May 15, 2024.

FMY Dividend Payout History

To ensure a understanding of FMY's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
51 Feb 20, 2020 Mar 02, 2020 Mar 16, 2020 $0.0600 0.474%
52 Jan 21, 2020 Feb 03, 2020 Feb 18, 2020 $0.0600 0.424%
53 Dec 19, 2019 Jan 02, 2020 Jan 15, 2020 $0.0600 0.427%
54 Nov 20, 2019 Dec 02, 2019 Dec 16, 2019 $0.0600 0.427%
55 Oct 21, 2019 Nov 01, 2019 Nov 15, 2019 $0.0600 0.429%
56 Sep 19, 2019 Oct 01, 2019 Oct 15, 2019 $0.0600 0.432%
57 Aug 20, 2019 Sep 03, 2019 Sep 16, 2019 $0.0600 0.438%
58 Jul 22, 2019 Aug 01, 2019 Aug 15, 2019 $0.0600 0.438%
59 Jun 20, 2019 Jul 01, 2019 Jul 15, 2019 $0.0600 0.427%
60 May 21, 2019 Jun 03, 2019 Jun 17, 2019 $0.0600 0.427%

Dividend Sustainability

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Sustainability score

Low (50.00%)

Growth potential

No dividend expected

FMY Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from FMY dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in FMY stock here.

Comparing FMY to Sector and Country

FMY pays a solid dividend yield of 7.44%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.83%). FMY’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.01%), which means that there are more attractive dividend stocks to consider.

FMY Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
CIF
Colonial Intermediate High Income Fund 32.071M $0.0145 10.32% 76.18%
FMY
First Trust 50.579M $0.0825 7.44% -

FAQ

What factors can affect the amount of FMY's dividend payments?
The amount of FMY's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in FMY sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from FMY stock be automatically reinvested?
If FMY offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy FMY stock.

How often does FMY pay dividend?
First Trust (FMY) pays dividends monthly. The most recent payout was on May 15, 2024.

How much does FMY pays per share?
The last recorder (May 01, 2024) dividend per share was $0.0825.

What is FMY dividend growth rate?
Over the last year, First Trust has witnessed growth rate of 50.00% . Looking back over the past 3 years, this growth rate has been 11.20%. Furthermore, examining the past 5 years, First Trust has maintained an average Dividends Per Share Growth Rate of 6.58%.
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About First Trust

First Trust Mortgage Income Fund is a closed-ended fixed income mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Brookfield Investment Management Inc. The fund invests in fixed income markets. It seeks to invest in fixed income securities including mortgage-backed securities, consisting of pass-through certificates, collateralized mortgage obligations, residential mortgage-backed securities, and commercial mortgag... FMY Profile

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