Dimensional National Municipal Bond ETF (DFNM) Dividend History
DFNM latest distribution
Paid. Next monthly distribution expected around November 20 (not yet announced).
- 3.04%trailing 12-month yield
- $1.43paid in the last 12 months
- Monthly12 payments a year
- 2021paying since
DFNM dividend income calculator
- Income a year
- $143
- Each payment
- $12
- Value of the shares
- $4,696
- Yield
- 3.04%
At the latest close; trailing 12-month distributions of $1.43 per share, before tax.
DFNM distributions per share by year
Calendar years by ex-dividend date. Yield = the year's distributions divided by the year-end price.
DFNM distribution payments
Each bar is one payment, by ex-dividend month (last 36 payments).
DFNM distributions by year
| Year | Per share | Growth | Yield (year-end) | Payments |
|---|---|---|---|---|
| 2026to date | $1.10 | — | — | 10 |
| 2025 | $1.42 | +8.1% | 2.94% | 12 |
| 2024 | $1.31 | +12.7% | 2.74% | 12 |
| 2023 | $1.16 | +108.9% | 2.40% | 12 |
| 2022 | $0.5564 | +2,022.7% | 1.16% | 12 |
| 2021partial | $0.0262 | — | 0.05% | 2 |
Full history in the distribution table below.
DFNM yield on cost
| Bought | Paid | Yield on cost | Paid out since | % of price |
|---|---|---|---|---|
| 1 year ago | $48.26 | 2.96% | $1.43 | 3.0% |
| 3 years ago | $46.33 | 3.08% | $4.20 | 9.1% |
Trailing 12-month distributions as a yield on the price paid then, and the distributions one share has paid since (before tax).
DFNM yield vs similar ETFs
| ETF | Fund | Yield | Expense ratio |
|---|---|---|---|
| DFNM | Dimensional National Municipal Bond ETF | 3.22% | 0.17% |
| AGG | iShares Core U.S. Aggregate Bond ETF | 4.30% | 0.03% |
| BND | Vanguard Total Bond Market ETF | 4.17% | 0.03% |
| SCHZ | Schwab U.S. Aggregate Bond ETF | 4.44% | 0.02% |
| IUSB | iShares Core Total USD Bond Market ETF | 4.44% | 0.05% |
| GOVT | iShares U.S. Treasury Bond ETF | 3.67% | 0.05% |
| VGIT | Vanguard Intermediate-Term Treasury ETF | 4.06% | 0.04% |
| IEF | iShares 7-10 Year Treasury Bond ETF | 4.18% | 0.14% |
| SHY | iShares 1-3 Year Treasury Bond ETF | 3.64% | 0.15% |
Trailing 12-month distribution yield as reported by EODHD.
DFNM distribution history
60 payments| Ex-dividend date | Record date | Payment date | Amount | Change |
|---|---|---|---|---|
| 2026-10-20 | 2026-10-20 | 2026-10-22 | $0.1270 | −0.8% |
| 2026-09-22 | 2026-09-22 | 2026-09-24 | $0.1280 | +20.8% |
| 2026-08-18 | 2026-08-18 | 2026-08-20 | $0.1060 | −10.9% |
| 2026-07-21 | 2026-07-21 | 2026-07-23 | $0.1190 | −10.5% |
| 2026-06-23 | 2026-06-23 | 2026-06-25 | $0.1330 | +19.8% |
| 2026-05-19 | 2026-05-19 | 2026-05-21 | $0.1110 | +14.4% |
| 2026-04-21 | 2026-04-21 | 2026-04-23 | $0.0970 | −28.7% |
| 2026-03-24 | 2026-03-24 | 2026-03-26 | $0.1360 | +32.0% |
| 2026-02-18 | 2026-02-18 | 2026-02-20 | $0.1030 | +145.2% |
| 2026-01-21 | 2026-01-21 | 2026-01-23 | $0.0420 | −80.7% |
| 2025-12-16 | 2025-12-16 | 2025-12-18 | $0.2180 | +101.9% |
| 2025-11-18 | 2025-11-18 | 2025-11-20 | $0.1080 | −7.7% |
Show all 60 distributions
| Ex-dividend date | Record date | Payment date | Amount | Change |
|---|---|---|---|---|
| 2025-10-21 | 2025-10-21 | 2025-10-23 | $0.1170 | +1.7% |
| 2025-09-23 | 2025-09-23 | 2025-09-25 | $0.1150 | −2.5% |
| 2025-08-19 | 2025-08-19 | 2025-08-21 | $0.1180 | 0.0% |
| 2025-07-22 | 2025-07-22 | 2025-07-24 | $0.1180 | +4.4% |
| 2025-06-24 | 2025-06-24 | 2025-06-26 | $0.1130 | −7.4% |
| 2025-05-20 | 2025-05-20 | 2025-05-22 | $0.1220 | +7.0% |
| 2025-04-22 | 2025-04-22 | 2025-04-24 | $0.1140 | −11.6% |
| 2025-03-25 | 2025-03-25 | 2025-03-27 | $0.1290 | +30.3% |
| 2025-02-19 | 2025-02-19 | 2025-02-21 | $0.0990 | +125.0% |
| 2025-01-22 | 2025-01-22 | 2025-01-24 | $0.0440 | −78.5% |
| 2024-12-17 | 2024-12-17 | 2024-12-19 | $0.2050 | +93.4% |
| 2024-11-19 | 2024-11-19 | 2024-11-21 | $0.1060 | −21.5% |
| 2024-10-22 | 2024-10-22 | 2024-10-24 | $0.1350 | +51.7% |
| 2024-09-17 | 2024-09-17 | 2024-09-19 | $0.0890 | −33.1% |
| 2024-08-20 | 2024-08-20 | 2024-08-22 | $0.1330 | +33.0% |
| 2024-07-16 | 2024-07-16 | 2024-07-18 | $0.1000 | +12.4% |
| 2024-06-18 | 2024-06-18 | 2024-06-20 | $0.0890 | −28.8% |
| 2024-05-21 | 2024-05-22 | 2024-05-24 | $0.1250 | +22.5% |
| 2024-04-16 | 2024-04-17 | 2024-04-19 | $0.1020 | +14.6% |
| 2024-03-19 | 2024-03-20 | 2024-03-22 | $0.0890 | −23.3% |
| 2024-02-21 | 2024-02-22 | 2024-02-26 | $0.1160 | +480.0% |
| 2024-01-17 | 2024-01-18 | 2024-01-22 | $0.0200 | −87.9% |
| 2023-12-19 | 2023-12-20 | 2023-12-22 | $0.1650 | +85.4% |
| 2023-11-21 | 2023-11-22 | 2023-11-24 | $0.0890 | −25.2% |
| 2023-10-24 | 2023-10-25 | 2023-10-27 | $0.1190 | +48.7% |
| 2023-09-19 | 2023-09-20 | 2023-09-22 | $0.0800 | −14.9% |
| 2023-08-22 | 2023-08-23 | 2023-08-25 | $0.0940 | +5.6% |
| 2023-07-18 | 2023-07-19 | 2023-07-21 | $0.0890 | +17.1% |
| 2023-06-21 | 2023-06-22 | 2023-06-26 | $0.0760 | −9.5% |
| 2023-05-23 | 2023-05-24 | 2023-05-26 | $0.0840 | −1.2% |
| 2023-04-18 | 2023-04-19 | 2023-04-21 | $0.0850 | −6.6% |
| 2023-03-21 | 2023-03-22 | 2023-03-24 | $0.0910 | −20.2% |
| 2023-02-22 | 2023-02-23 | 2023-02-27 | $0.1140 | +50.0% |
| 2023-01-18 | 2023-01-19 | 2023-01-20 | $0.0760 | −7.3% |
| 2022-12-20 | 2022-12-21 | 2022-12-23 | $0.0820 | −4.7% |
| 2022-11-22 | 2022-11-23 | 2022-11-25 | $0.0860 | +24.6% |
| 2022-10-18 | 2022-10-19 | 2022-10-21 | $0.0690 | +19.0% |
| 2022-09-20 | 2022-09-21 | 2022-09-23 | $0.0580 | −12.1% |
| 2022-08-23 | 2022-08-24 | 2022-08-26 | $0.0660 | +17.9% |
| 2022-07-19 | 2022-07-20 | 2022-07-22 | $0.0560 | +33.3% |
| 2022-06-22 | 2022-06-23 | 2022-06-27 | $0.0420 | +27.3% |
| 2022-05-24 | 2022-05-25 | 2022-05-27 | $0.0330 | +26.9% |
| 2022-04-19 | 2022-04-20 | 2022-04-22 | $0.0260 | −3.7% |
| 2022-03-22 | 2022-03-23 | 2022-03-25 | $0.0270 | +145.5% |
| 2022-02-23 | 2022-02-24 | 2022-02-28 | $0.0110 | +2,955.6% |
| 2022-01-19 | 2022-01-20 | 2022-01-24 | $0.0004 | −98.6% |
| 2021-12-16 | 2021-12-17 | 2021-12-20 | $0.0260 | +12,281.0% |
| 2021-11-23 | 2021-11-24 | 2021-11-26 | $0.0002 | — |
Amounts per share. Highlighted rows are declared but not yet paid.
DFNM dividend overview
Dimensional National Municipal Bond ETF pays monthly distributions made up of interest from the bonds it holds, less fund expenses. Over the past 12 months it paid $1.43 per share, a yield of 3.04% at the latest close of $46.96. In 2025 it paid $1.42 per share, up 8.1% from 2024.
The distribution yield looks back at income already paid. The yield to maturity of the bonds the fund holds today is 3.73%, which indicates what the portfolio earns from here if rates stay where they are; see the DFNM bond profile.
Related: DFNM chart, DFNM performance, DFNM bond profile, DFNM overview.
DFNM dividends FAQ
Does DFNM pay a dividend?
Yes. DFNM pays monthly distributions and has paid them since 2021. The most recent was $0.1270 per share with an ex-dividend date of October 20, 2026, payable October 22, 2026.
What is the DFNM dividend yield?
DFNM paid $1.43 per share over the past 12 months, a trailing yield of 3.04% at the latest close of $46.96.
When is the next DFNM dividend?
The next monthly distribution has not been announced yet. Based on the usual schedule the next ex-dividend date should fall around November 20, 2026.
How often does DFNM pay dividends?
DFNM pays distributions monthly, 12 times a year.
How much did DFNM pay in dividends in 2025?
DFNM paid $1.42 per share in 12 distributions in 2025.
How much income does 100 shares of DFNM pay?
100 shares of DFNM would have paid about $143 over the past 12 months, before tax.