Fidelity Covington Trust - Fidelity Quality Factor ETF

ARCA:FQAL Stock Report

Market Cap: US$1.1b

Fidelity Covington Trust - Fidelity Quality Factor ETF Dividends and Buybacks

Dividend criteria checks 0/6

Fidelity Covington Trust - Fidelity Quality Factor ETF is a dividend paying company with a current yield of 1.07%.

Key information

1.1%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growthn/a
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ration/a

Recent dividend and buyback updates

No updates

Recent updates

No updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Insufficient data to determine if FQAL's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if FQAL's dividend payments have been increasing.


Dividend Yield vs Market

Fidelity Covington Trust - Fidelity Quality Factor ETF Dividend Yield vs Market
How does FQAL dividend yield compare to the market?
SegmentDividend Yield
Company (FQAL)1.1%
Market Bottom 25% (US)1.3%
Market Top 25% (US)4.3%
Industry Average (Capital Markets)1.8%
Analyst forecast (FQAL) (up to 3 years)n/a

Notable Dividend: FQAL's dividend (1.07%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.34%).

High Dividend: FQAL's dividend (1.07%) is low compared to the top 25% of dividend payers in the US market (4.31%).


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate FQAL's payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as FQAL has not reported any payouts.