First Trust Value Line Dividend Index Fund (FVD) Dividend
First Trust Value Line Dividend Index Fund (FVD) currently pays a dividend yield of 2.18%, distributing $1.02 per share annually ($0.26 per quarter). It is an exchange-traded fund, so its distribution reflects the dividends collected from its underlying holdings.
FVD has raised its dividend for 14 consecutive years.
FVD dividend at a glance
| Dividend Yield | 2.18% |
|---|---|
| Annual Dividend | $1.02 per share |
| Per Payment | $0.26 |
| Payout Frequency | Quarterly |
| Payments per Year | 4 |
| Next Ex-Dividend Date | December 24, 2026 |
| Next Payment Date | December 28, 2026 |
| Consecutive Years of Dividend Growth | 14 |
| Type | Exchange-Traded Fund |
| Implied Share Price (from yield) | $46.97 |
What FVD pays on a $10,000 investment
At a 2.18% yield, $10,000 invested in FVD generates about $218.00 per year, or roughly $54.50 every quarter. Share counts below use an implied price of $46.97, derived from the $1.02 annual dividend and the 2.18% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Quarter |
|---|---|---|---|
| $1,000 | 21.3 | $21.80 | $5.45 |
| $5,000 | 106.4 | $109.00 | $27.25 |
| $10,000 | 212.9 | $218.00 | $54.50 |
| $25,000 | 532.2 | $545.00 | $136.25 |
| $100,000 | 2,128.9 | $2,180.00 | $545.00 |
These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each quarter — see how the dividend snowball compounds.
FVD dividend payment schedule
FVD pays on a quarterly schedule — 4 payments a year. The next confirmed ex-dividend date is December 24, 2026, with payment on December 28, 2026. Later rows are projected forward at the same interval and will shift when First Trust Value Line Dividend Index Fund declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| December 24, 2026 | December 28, 2026 | $0.26 | Confirmed |
| March 24, 2027 | March 28, 2027 | $0.26 | Projected |
| June 24, 2027 | June 28, 2027 | $0.26 | Projected |
| September 24, 2027 | September 28, 2027 | $0.26 | Projected |
To collect a FVD dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.
How FVD's dividend compares
Across the 714 dividend stocks and ETFs DivTrkr tracks, the median yield is 4.23%. FVD's 2.18% is 2.05 percentage points below that median, ranking 497th of 714 by yield.
Among the 87 dividend ETFs we track, the median yield is 5.05% — putting FVD below that group.
Its 14-year run of dividend increases ranks 119th out of the 363 names in our data with an active growth streak.
What the numbers mean
Payout ratio is not reported for FVD because it is a fund rather than an operating company — an ETF distributes the income it collects from its holdings, so there are no company earnings to measure the payout against.
Like most US dividend payers, FVD distributes quarterly, so a full year of ownership produces four payments.
Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of fund pays them. See the qualified vs. ordinary dividend rules.
FVD dividend FAQ
When is the next FVD ex-dividend date?
The next FVD ex-dividend date is December 24, 2026, with the payment scheduled for December 28, 2026. You must own shares before the ex-dividend date to receive that payment.
What is FVD's dividend yield?
FVD currently yields 2.18%, based on $1.02 in dividends per share over the past year.
How often does FVD pay dividends?
FVD pays quarterly, which works out to 4 payments per year of about $0.26 per share.
How much dividend income would $10,000 of FVD generate?
At the current 2.18% yield, $10,000 invested in FVD would produce roughly $218.00 per year, or about $54.50 per quarter, before taxes and assuming the dividend holds.
Has FVD increased its dividend?
Yes — FVD has raised its dividend for 14 consecutive years.
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Track FVD dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.