# First Trust Morningstar Dividend Leaders Index Fund (FDL) — Dividends

FDL · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/fdl/dividends

## Dividend summary

| Metric | Value |
| --- | --- |
| Frequency | quarterly |
| Trailing 12 months | $1.94 |
| Forward yield | 3.78% |
| Growth streak | 3 years |

First Trust Morningstar Dividend Leaders Index Fund pays quarterly distributions. Its most recent distribution was $0.51 per share, with an [ex-date](/instructions/learning/ex-dividend-date) of September 24, 2026 and a pay date of September 30, 2026. Over the trailing twelve months, the fund paid $1.94 per share, a [yield](/instructions/learning/dividend-yield) of 3.92% at a share price of $49.40.

The amount changes from quarter to quarter. In the table, which starts in December 2021, it ranged from $0.24 in June 2022 to $0.55 in December 2025. Since 2023, the March distribution has been the smallest of each year. Ex-dates usually fall late in March, June and September and in mid-to-late December, with payment at the end of the month.

Distributions with ex-dates in each calendar year added up to $1.31 in 2022, $1.65 in 2023, $1.70 in 2024 and $1.79 in 2025. That is a rise of about 37% over three years. The source counts a growth streak of three consecutive calendar years. In 2026, three distributions so far, $0.40, $0.47 and $0.51, have added up to $1.38. If the pattern holds, the next distribution would go ex-distribution in mid-December 2026 and be paid at the end of that month.

## Payment history

| Ex-date | Pay date | Amount per share |
| --- | --- | --- |
| Sep 24, 2026 | Sep 30, 2026 | $0.51 |
| Jun 25, 2026 | Jun 30, 2026 | $0.47 |
| Mar 26, 2026 | Mar 31, 2026 | $0.40 |
| Dec 12, 2025 | Dec 31, 2025 | $0.55 |
| Sep 25, 2025 | Sep 30, 2025 | $0.42 |
| Jun 26, 2025 | Jun 30, 2025 | $0.46 |
| Mar 27, 2025 | Mar 31, 2025 | $0.36 |
| Dec 13, 2024 | Dec 31, 2024 | $0.49 |
| Sep 26, 2024 | Sep 30, 2024 | $0.39 |
| Jun 27, 2024 | Jun 28, 2024 | $0.49 |
| Mar 21, 2024 | Mar 28, 2024 | $0.33 |
| Dec 22, 2023 | Dec 29, 2023 | $0.52 |
| Sep 22, 2023 | Sep 29, 2023 | $0.36 |
| Jun 27, 2023 | Jun 30, 2023 | $0.46 |
| Mar 24, 2023 | Mar 31, 2023 | $0.31 |
| Dec 23, 2022 | Dec 30, 2022 | $0.39 |
| Sep 23, 2022 | Sep 30, 2022 | $0.40 |
| Jun 24, 2022 | Jun 30, 2022 | $0.24 |
| Mar 25, 2022 | Mar 31, 2022 | $0.28 |
| Dec 30, 2021 | Jan 10, 2022 | $0.35 |

## Frequently Asked Questions

### Does First Trust Morningstar Dividend Leaders Index Fund (FDL) pay a distribution?

Yes. First Trust Morningstar Dividend Leaders Index Fund pays a quarterly distribution; the most recent payment was $0.51 per share.

### What is FDL's distribution yield?

First Trust Morningstar Dividend Leaders Index Fund paid $1.94 per share over the trailing twelve months, a yield of 3.78% at the last price of $51.20. [Click here to learn more](https://www.lighthorse.io/instructions/learning/dividend-yield)

### When is FDL's most recent ex-distribution date?

First Trust Morningstar Dividend Leaders Index Fund's most recent ex-distribution date is Sep 24, 2026, payable on Sep 30, 2026.

### What is the difference between ex and payment dates?

An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. [Click here to learn more](https://www.lighthorse.io/instructions/learning/ex-dividend-date)

### Has FDL been raising its distribution?

Yes — First Trust Morningstar Dividend Leaders Index Fund has increased its distribution for 3 consecutive calendar years.

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Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).