FPEI is First Trust's First Trust Institutional Preferred Securities and Income ETF (Preferred Stock). Trading at $18.97. Current dividend yield: 5.86%.
Dividend snapshot
| Annual dividend rate | $1.11 |
| Current yield | 5.86% |
| Payment frequency | Monthly |
| Next ex-dividend date | Sep 21, 2026(in 17 days) |
| Most recent payment date | Aug 21, 2026 |
| Last payment amount | $0.0973 |
| 5-year dividend CAGR | 1.73% |
| 3-year dividend CAGR | 5.54% |
| Expense ratio | 0.85% |
| Payout ratio | 0% |
| Market cap | $1.89B |
| Exchange | PCX |
Recent dividend payments
| Date | Amount / share |
|---|---|
| 2026-08-21 | $0.0973 |
| 2026-07-21 | $0.0948 |
| 2026-06-25 | $0.0904 |
| 2026-05-21 | $0.0986 |
| 2026-04-21 | $0.0895 |
| 2026-03-26 | $0.0924 |
| 2026-02-20 | $0.0855 |
| 2026-01-21 | $0.0913 |
About FPEI
The fund under normal market conditions, invests at least 80% of its net assets (including investment borrowings) in institutional preferred securities and income-producing debt securities. Preferred securities are a type of equity security that have preference over common stock in the payment of distributions and the liquidation of a company's assets, but are generally junior to all forms of the company's debt, including both senior and subordinated debt. The fund's investments in preferred securities will primarily be in institutional preferred securities.
Frequently asked
What is FPEI's dividend yield?
FPEI (First Trust Institutional Preferred Securities and Income ETF) currently has a dividend yield of 5.86%, which works out to about $1.11 in annual dividend payments per share.
When is FPEI's next ex-dividend date?
FPEI's next ex-dividend date is Sep 21, 2026 (in 17 days). To receive the upcoming dividend, you must own shares before this date.
When did FPEI last pay a dividend?
FPEI's most recent dividend payment date was Aug 21, 2026.
How often does FPEI pay dividends?
FPEI pays dividends on a monthly schedule.
How fast is FPEI growing its dividend?
FPEI has been growing its dividend at a 5.54% 3-year compound annual growth rate (CAGR). CAGR smooths year-to-year noise into a single average growth rate.
Track FPEI in DiviDrip
Add FPEI 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 FPEI and add your shares.
- View the FPEI Dividend Triangle — see Revenue × EPS × Dividend growth at a glance.
- Stock Screener — find more dividend payers like FPEI.
- DiviDrip Learn — free guides on DRIP, dividend tiers, ETF comparisons.
Data refreshed 2026-09-04. Not investment advice. Yields and prices change continuously; always verify the latest numbers in the live app before buying.