FIAX is Nicholas Wealth Management's Nicholas Fixed Income Alternative ETF (Nontraditional Bond). Trading at $17.27. Current dividend yield: 8.28%.
Dividend snapshot
| Annual dividend rate | $1.43 |
| Current yield | 8.28% |
| Payment frequency | Monthly |
| Next ex-dividend date | Sep 21, 2026(in 16 days) |
| Most recent payment date | Aug 20, 2026 |
| Last payment amount | $0.1168 |
| 5-year dividend CAGR | — |
| 3-year dividend CAGR | — |
| Expense ratio | 0.97% |
| Payout ratio | 0% |
| Market cap | $132M |
| Exchange | PCX |
Recent dividend payments
| Date | Amount / share |
|---|---|
| 2026-08-20 | $0.1168 |
| 2026-07-16 | $0.1174 |
| 2026-06-18 | $0.1181 |
| 2026-05-21 | $0.1168 |
| 2026-04-16 | $0.1180 |
| 2026-03-19 | $0.1170 |
| 2026-02-19 | $0.1199 |
| 2026-01-15 | $0.1207 |
About FIAX
Under normal circumstances, the fund will invest at least 80% of its net assets, plus borrowings for investment purposes, in U.S. Treasury fixed income securities. The fund typically writes index put options and call options with weekly, monthly, and quarterly expirations. The fund will generally have up to ten credit spreads at any given time, with up to 20% exposure to a single ETF or index credit spread (measured at the time of purchase). It is non-diversified.
Frequently asked
What is FIAX's dividend yield?
FIAX (Nicholas Fixed Income Alternative ETF) currently has a dividend yield of 8.28%, which works out to about $1.43 in annual dividend payments per share.
When is FIAX's next ex-dividend date?
FIAX's next ex-dividend date is Sep 21, 2026 (in 16 days). To receive the upcoming dividend, you must own shares before this date.
When did FIAX last pay a dividend?
FIAX's most recent dividend payment date was Aug 20, 2026.
How often does FIAX pay dividends?
FIAX pays dividends on a monthly schedule.
Track FIAX in DiviDrip
Add FIAX to your portfolio on DiviDrip to track every buy, DRIP reinvestment, and dividend payment in one place. Free, no credit card, no upsell — built by dividend investors, for dividend investors.
- Open DiviDrip — search FIAX and add your shares.
- View the FIAX Dividend Triangle — see Revenue × EPS × Dividend growth at a glance.
- Stock Screener — find more dividend payers like FIAX.
- DiviDrip Learn — free guides on DRIP, dividend tiers, ETF comparisons.
Data refreshed 2026-09-05. Not investment advice. Yields and prices change continuously; always verify the latest numbers in the live app before buying.