First Trust Exchange-Traded Fund - First Trust Value Line Dividend Index Fund Dividend
Dividend criteria checks 4/6
First Trust Exchange-Traded Fund - First Trust Value Line Dividend Index Fund is a dividend paying company with a current yield of 2.28% that is well covered by earnings.
Key information
2.3%
Dividend yield
63%
Payout ratio
Industry average yield | 2.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$1.71 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: FVD's dividends per share have been stable in the past 10 years.
Growing Dividend: FVD's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
First Trust Exchange-Traded Fund - First Trust Value Line Dividend Index Fund Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (FVD) | 2.3% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.7% |
Industry Average (Capital Markets) | 2.3% |
Analyst forecast in 3 Years (FVD) | n/a |
Notable Dividend: FVD's dividend (2.28%) is higher than the bottom 25% of dividend payers in the US market (1.52%).
High Dividend: FVD's dividend (2.28%) is low compared to the top 25% of dividend payers in the US market (4.69%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (62.8%), FVD's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate FVD's cash payout ratio to determine if its dividend payments are covered by cash flows.