FMHI is First Trust's First Trust Municipal High Income ETF (High Yield Muni). Trading at $46.83. Current dividend yield: 4.41%.
Dividend snapshot
| Annual dividend rate | $2.08 |
| Current yield | 4.41% |
| Payment frequency | Monthly |
| Next ex-dividend date | Sep 21, 2026(in 16 days) |
| Most recent payment date | Aug 21, 2026 |
| Last payment amount | $0.1780 |
| 5-year dividend CAGR | 3.48% |
| 3-year dividend CAGR | 6.42% |
| Expense ratio | 0.49% |
| Payout ratio | 0% |
| Market cap | $950M |
| Exchange | NGM |
Recent dividend payments
| Date | Amount / share |
|---|---|
| 2026-08-21 | $0.1780 |
| 2026-07-21 | $0.1770 |
| 2026-06-25 | $0.1770 |
| 2026-05-21 | $0.1760 |
| 2026-04-21 | $0.1750 |
| 2026-03-26 | $0.1750 |
| 2026-02-20 | $0.1750 |
| 2026-01-21 | $0.1740 |
About FMHI
Under normal market conditions, the fund seeks to achieve its investment objectives by investing at least 80% of its net assets (including investment borrowings) in municipal debt securities that pay interest that is exempt from regular federal income taxes. Municipal securities are generally issued by or on behalf of states, territories or possessions of the U.S. and the District of Columbia and their political subdivisions, agencies, authorities and other instrumentalities.
Frequently asked
What is FMHI's dividend yield?
FMHI (First Trust Municipal High Income ETF) currently has a dividend yield of 4.41%, which works out to about $2.08 in annual dividend payments per share.
When is FMHI's next ex-dividend date?
FMHI'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 FMHI last pay a dividend?
FMHI's most recent dividend payment date was Aug 21, 2026.
How often does FMHI pay dividends?
FMHI pays dividends on a monthly schedule.
How fast is FMHI growing its dividend?
FMHI has been growing its dividend at a 6.42% 3-year compound annual growth rate (CAGR). CAGR smooths year-to-year noise into a single average growth rate.
Track FMHI in DiviDrip
Add FMHI 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 FMHI and add your shares.
- View the FMHI Dividend Triangle — see Revenue × EPS × Dividend growth at a glance.
- Stock Screener — find more dividend payers like FMHI.
- 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.