FLMI is Franklin Templeton Investments's Franklin Dynamic Municipal Bond ETF (High Yield Muni). Trading at $24.26. Current dividend yield: 3.99%.
Dividend snapshot
| Annual dividend rate | $0.98 |
| Current yield | 3.99% |
| Payment frequency | Monthly |
| Next ex-dividend date | Sep 03, 2026(today) |
| Most recent payment date | Aug 03, 2026 |
| Last payment amount | $0.0942 |
| 5-year dividend CAGR | 11.97% |
| 3-year dividend CAGR | 10.32% |
| Expense ratio | 0.30% |
| Payout ratio | 0% |
| Market cap | $1.98B |
| Exchange | PCX |
Recent dividend payments
| Date | Amount / share |
|---|---|
| 2026-09-01 | $0.0796 |
| 2026-08-03 | $0.0942 |
| 2026-07-01 | $0.0866 |
| 2026-06-01 | $0.0825 |
| 2026-05-01 | $0.0889 |
| 2026-04-01 | $0.0880 |
| 2026-03-02 | $0.0748 |
| 2026-02-02 | $0.0762 |
About FLMI
Under normal market conditions, the fund invests at least 80% of its net assets in municipal securities whose interest is free from federal income taxes, including the federal alternative minimum tax. Although the fund tries to invest all of its assets in tax-free securities, it is possible that up to 20% of the fund's net assets may be in securities that pay interest that may be subject to the federal alternative minimum tax and, although not anticipated, in securities that pay interest subject to other federal or state income taxes.
Frequently asked
What is FLMI's dividend yield?
FLMI (Franklin Dynamic Municipal Bond ETF) currently has a dividend yield of 3.99%, which works out to about $0.98 in annual dividend payments per share.
When is FLMI's next ex-dividend date?
FLMI's next ex-dividend date is Sep 03, 2026 (today). To receive the upcoming dividend, you must own shares before this date.
When did FLMI last pay a dividend?
FLMI's most recent dividend payment date was Aug 03, 2026.
How often does FLMI pay dividends?
FLMI pays dividends on a monthly schedule.
How fast is FLMI growing its dividend?
FLMI has been growing its dividend at a 10.32% 3-year compound annual growth rate (CAGR). CAGR smooths year-to-year noise into a single average growth rate.
Track FLMI in DiviDrip
Add FLMI 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 FLMI and add your shares.
- View the FLMI Dividend Triangle — see Revenue × EPS × Dividend growth at a glance.
- Stock Screener — find more dividend payers like FLMI.
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Data refreshed 2026-09-03. Not investment advice. Yields and prices change continuously; always verify the latest numbers in the live app before buying.