First Trust Mortgage Income Fund (FMY) Dividend Yield, History & Safety Analysis
First Trust Mortgage Income Fund (FMY) pays a high 7.30% dividend yield, or $0.82 per share annually at a stock price of $12.06. The payout ratio of 80% is moderate. The dividend is currently covered by earnings but leaves less room for growth. The most recent ex-dividend date was March 2, 2026.
- Dividend Yield
- 7.30%
- Annual Dividend
- $0.82
- Payout Ratio
- 79.6%
- Ex-Dividend Date
- 2026-03-02
Frequently Asked Questions
What is FMY's current dividend yield?
First Trust Mortgage Income Fund (FMY) has a dividend yield of 7.30%, paying $0.82 per share annually.
How often does FMY pay dividends?
First Trust Mortgage Income Fund typically pays dividends on a quarterly basis. The annual dividend totals $0.82 per share.
Is FMY's dividend safe?
First Trust Mortgage Income Fund's dividend safety is rated "Moderate." The payout ratio of 80% is moderate. The dividend is currently covered by earnings but leaves less room for growth.
When is FMY's next ex-dividend date?
The most recent ex-dividend date for First Trust Mortgage Income Fund was March 2, 2026. Ex-dividend dates are typically announced a few weeks before the payment date.
What is FMY's payout ratio?
First Trust Mortgage Income Fund has a payout ratio of 80%, meaning it distributes 80% of its earnings as dividends. This is a moderate level.
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