FPEI is First Trust's First Trust Institutional Preferred Securities and Income ETF (Preferred Stock). Trading at $19.15. Current dividend yield: 6.20%.
Dividend snapshot
| Annual dividend rate | $1.11 |
| Current yield | 6.20% |
| Payment frequency | Monthly |
| Next ex-dividend date | May 21, 2026 |
| Most recent payment date | May 29, 2026 |
| Last payment amount | $0.0986 |
| 5-year dividend CAGR | 1.72% |
| 3-year dividend CAGR | 5.55% |
| Expense ratio | 0.85% |
| Payout ratio | 0% |
| Market cap | $1.89B |
| Exchange | PCX |
Recent dividend payments
| Date | Amount / share |
|---|---|
| 2026-05-21 | $0.0990 |
| 2026-04-21 | $0.0900 |
| 2026-03-26 | $0.0920 |
| 2026-02-20 | $0.0860 |
| 2026-01-21 | $0.0910 |
| 2025-12-12 | $0.1060 |
| 2025-11-21 | $0.0910 |
| 2025-10-21 | $0.0910 |
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.
Track FPEI in DiviDrip
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Data refreshed 2026-05-24. Not investment advice. Yields and prices change continuously; always verify the latest numbers in the live app before buying.