First Trust Institutional Preferred… (FPEI) Dividend History
FPEI latest distribution
Payable in 4 days to holders on the record date. Next monthly distribution expected around November 21 (not yet announced).
- 6.64%trailing 12-month yield
- $1.22paid in the last 12 months
- Monthly12 payments a year
- 2017paying since
- +3.4%5-year growth a year
FPEI dividend income calculator
- Income a year
- $122
- Each payment
- $10
- Value of the shares
- $1,831
- Yield
- 6.64%
At the latest close; trailing 12-month distributions of $1.22 per share, before tax.
FPEI distributions per share by year
Calendar years by ex-dividend date. Yield = the year's distributions divided by the year-end price.
FPEI distribution payments
Each bar is one payment, by ex-dividend month (last 36 payments).
FPEI distributions by year
| Year | Per share | Growth | Yield (year-end) | Payments |
|---|---|---|---|---|
| 2026to date | $0.9281 | — | — | 10 |
| 2025 | $1.18 | +13.7% | 6.08% | 13 |
| 2024 | $1.04 | +1.1% | 5.55% | 12 |
| 2023 | $1.03 | +10.8% | 5.76% | 12 |
| 2022 | $0.9264 | +1.8% | 5.20% | 12 |
| 2021 | $0.9103 | −8.9% | 4.46% | 12 |
| 2020 | $0.9996 | −0.6% | 4.90% | 12 |
Full history in the distribution table below.
FPEI yield on cost
| Bought | Paid | Yield on cost | Paid out since | % of price |
|---|---|---|---|---|
| 1 year ago | $19.42 | 6.26% | $1.22 | 6.3% |
| 3 years ago | $16.52 | 7.36% | $3.39 | 20.5% |
| 5 years ago | $20.57 | 5.91% | $5.25 | 25.5% |
Trailing 12-month distributions as a yield on the price paid then, and the distributions one share has paid since (before tax).
FPEI yield vs similar ETFs
| ETF | Fund | Yield | Expense ratio |
|---|---|---|---|
| FPEI | First Trust Institutional Preferred… | 5.93% | 0.83% |
| SPY | SPDR S&P 500 ETF | 0.99% | 0.09% |
| VTI | Vanguard Total Stock Market ETF | 1.03% | 0.03% |
| SCHD | Schwab U.S. Dividend Equity ETF | 3.38% | 0.05% |
| VYM | Vanguard High Dividend Yield ETF | 2.42% | 0.04% |
| QQQ | Invesco QQQ ETF | 0.42% | 0.17% |
| IWM | iShares Russell 2000 ETF | 0.97% | 0.19% |
Trailing 12-month distribution yield as reported by EODHD.
FPEI distribution history
111 payments| Ex-dividend date | Record date | Payment date | Amount | Change |
|---|---|---|---|---|
| 2026-10-21 | 2026-10-21 | 2026-10-30 | $0.0955 | +2.9% |
| 2026-09-24 | 2026-09-24 | 2026-09-30 | $0.0928 | −4.6% |
| 2026-08-21 | 2026-08-21 | 2026-08-31 | $0.0973 | +2.6% |
| 2026-07-21 | 2026-07-21 | 2026-07-31 | $0.0948 | +4.9% |
| 2026-06-25 | 2026-06-25 | 2026-06-30 | $0.0904 | −8.3% |
| 2026-05-21 | 2026-05-21 | 2026-05-29 | $0.0986 | +10.2% |
| 2026-04-21 | 2026-04-21 | 2026-04-30 | $0.0895 | −3.1% |
| 2026-03-26 | 2026-03-26 | 2026-03-31 | $0.0924 | +8.1% |
| 2026-02-20 | 2026-02-20 | 2026-02-27 | $0.0855 | −6.4% |
| 2026-01-21 | 2026-01-21 | 2026-01-30 | $0.0913 | −13.9% |
| 2025-12-12 | 2025-12-12 | 2025-12-31 | $0.1060 | +16.5% |
| 2025-11-21 | 2025-11-21 | 2025-11-28 | $0.0910 | +0.6% |
Show all 111 distributions
| Ex-dividend date | Record date | Payment date | Amount | Change |
|---|---|---|---|---|
| 2025-11-03 | 2025-11-03 | 2025-11-17 | $0.0905 | 0.0% |
| 2025-10-21 | 2025-10-21 | 2025-10-31 | $0.0905 | +6.2% |
| 2025-09-25 | 2025-09-25 | 2025-09-30 | $0.0852 | −9.2% |
| 2025-08-21 | 2025-08-21 | 2025-08-29 | $0.0938 | +3.1% |
| 2025-07-22 | 2025-07-22 | 2025-07-31 | $0.0910 | +6.1% |
| 2025-06-26 | 2025-06-26 | 2025-06-30 | $0.0858 | −6.0% |
| 2025-05-21 | 2025-05-21 | 2025-05-30 | $0.0913 | −0.5% |
| 2025-04-22 | 2025-04-22 | 2025-04-30 | $0.0918 | +4.2% |
| 2025-03-27 | 2025-03-27 | 2025-03-31 | $0.0881 | +3.4% |
| 2025-02-21 | 2025-02-21 | 2025-02-28 | $0.0852 | −4.6% |
| 2025-01-22 | 2025-01-22 | 2025-01-31 | $0.0893 | +2.6% |
| 2024-12-13 | 2024-12-13 | 2024-12-31 | $0.0870 | −2.7% |
| 2024-11-21 | 2024-11-21 | 2024-11-29 | $0.0894 | −1.3% |
| 2024-10-22 | 2024-10-22 | 2024-10-31 | $0.0906 | +13.3% |
| 2024-09-26 | 2024-09-26 | 2024-09-30 | $0.0800 | −11.6% |
| 2024-08-21 | 2024-08-21 | 2024-08-30 | $0.0905 | +3.4% |
| 2024-07-23 | 2024-07-23 | 2024-07-31 | $0.0875 | −2.7% |
| 2024-06-27 | 2024-06-27 | 2024-06-28 | $0.0899 | +1.2% |
| 2024-05-21 | 2024-05-22 | 2024-05-31 | $0.0888 | +5.2% |
| 2024-04-23 | 2024-04-24 | 2024-04-30 | $0.0844 | −4.3% |
| 2024-03-21 | 2024-03-22 | 2024-03-28 | $0.0882 | +9.2% |
| 2024-02-21 | 2024-02-22 | 2024-02-29 | $0.0808 | +0.4% |
| 2024-01-23 | 2024-01-24 | 2024-01-31 | $0.0805 | −7.6% |
| 2023-12-22 | 2023-12-26 | 2023-12-29 | $0.0871 | +1.6% |
| 2023-11-21 | 2023-11-22 | 2023-11-30 | $0.0857 | +15.8% |
| 2023-10-24 | 2023-10-25 | 2023-10-31 | $0.0740 | −16.1% |
| 2023-09-22 | 2023-09-25 | 2023-09-29 | $0.0882 | −1.2% |
| 2023-08-22 | 2023-08-23 | 2023-08-31 | $0.0893 | 0.0% |
| 2023-07-21 | 2023-07-24 | 2023-07-31 | $0.0893 | +5.9% |
| 2023-06-27 | 2023-06-28 | 2023-06-30 | $0.0843 | −10.9% |
| 2023-05-23 | 2023-05-24 | 2023-05-31 | $0.0946 | +17.4% |
| 2023-04-21 | 2023-04-24 | 2023-04-28 | $0.0806 | −8.8% |
| 2023-03-24 | 2023-03-27 | 2023-03-31 | $0.0884 | +7.3% |
| 2023-02-22 | 2023-02-23 | 2023-02-28 | $0.0824 | 0.0% |
| 2023-01-24 | 2023-01-25 | 2023-01-31 | $0.0824 | −7.0% |
| 2022-12-23 | 2022-12-27 | 2022-12-30 | $0.0886 | +22.7% |
| 2022-11-22 | 2022-11-23 | 2022-11-30 | $0.0722 | −11.3% |
| 2022-10-21 | 2022-10-24 | 2022-10-31 | $0.0814 | −1.5% |
| 2022-09-23 | 2022-09-26 | 2022-09-30 | $0.0826 | +8.1% |
| 2022-08-23 | 2022-08-24 | 2022-08-31 | $0.0764 | −0.8% |
| 2022-07-21 | 2022-07-22 | 2022-07-29 | $0.0770 | +2.9% |
| 2022-06-24 | 2022-06-27 | 2022-06-30 | $0.0748 | −3.0% |
| 2022-05-24 | 2022-05-25 | 2022-05-31 | $0.0771 | +13.7% |
| 2022-04-21 | 2022-04-22 | 2022-04-29 | $0.0678 | −18.6% |
| 2022-03-25 | 2022-03-28 | 2022-03-31 | $0.0833 | +14.3% |
| 2022-02-18 | 2022-02-22 | 2022-02-28 | $0.0729 | +0.8% |
| 2022-01-21 | 2022-01-24 | 2022-01-31 | $0.0723 | +4.3% |
| 2021-12-23 | 2021-12-27 | 2021-12-31 | $0.0693 | −14.7% |
| 2021-11-23 | 2021-11-24 | 2021-11-30 | $0.0812 | +14.2% |
| 2021-10-21 | 2021-10-22 | 2021-10-29 | $0.0711 | +6.0% |
| 2021-09-23 | 2021-09-24 | 2021-09-30 | $0.0671 | −19.4% |
| 2021-08-24 | 2021-08-25 | 2021-08-31 | $0.0832 | +8.8% |
| 2021-07-21 | 2021-07-22 | 2021-07-30 | $0.0765 | −3.9% |
| 2021-06-24 | 2021-06-25 | 2021-06-30 | $0.0796 | +4.3% |
| 2021-05-21 | 2021-05-24 | 2021-05-28 | $0.0763 | +1.3% |
| 2021-04-21 | 2021-04-22 | 2021-04-30 | $0.0753 | −3.5% |
| 2021-03-25 | 2021-03-26 | 2021-03-31 | $0.0780 | +7.6% |
| 2021-02-23 | 2021-02-24 | 2021-02-26 | $0.0725 | −9.6% |
| 2021-01-21 | 2021-01-22 | 2021-01-29 | $0.0802 | −4.1% |
| 2020-12-24 | 2020-12-28 | 2020-12-31 | $0.0836 | −0.9% |
| 2020-11-24 | 2020-11-25 | 2020-11-30 | $0.0844 | −1.1% |
| 2020-10-21 | 2020-10-22 | 2020-10-30 | $0.0853 | +7.4% |
| 2020-09-24 | 2020-09-25 | 2020-09-30 | $0.0794 | −1.1% |
| 2020-08-21 | 2020-08-24 | 2020-08-31 | $0.0803 | −21.1% |
| 2020-07-21 | 2020-07-22 | 2020-07-31 | $0.1018 | +44.2% |
| 2020-06-25 | 2020-06-26 | 2020-06-30 | $0.0706 | +26.8% |
| 2020-05-21 | 2020-05-22 | 2020-05-29 | $0.0557 | −49.5% |
| 2020-04-21 | 2020-04-22 | 2020-04-30 | $0.1102 | +27.3% |
| 2020-03-26 | 2020-03-27 | 2020-03-31 | $0.0866 | +16.7% |
| 2020-02-21 | 2020-02-24 | 2020-02-28 | $0.0742 | −15.2% |
| 2020-01-22 | 2020-01-23 | 2020-01-31 | $0.0875 | +5.8% |
| 2019-12-13 | 2019-12-16 | 2019-12-31 | $0.0827 | 0.0% |
| 2019-11-21 | 2019-11-22 | 2019-11-29 | $0.0827 | +0.9% |
| 2019-10-22 | 2019-10-23 | 2019-10-31 | $0.0820 | +3.3% |
| 2019-09-25 | 2019-09-26 | 2019-09-30 | $0.0794 | −3.9% |
| 2019-08-21 | 2019-08-22 | 2019-08-30 | $0.0826 | −7.1% |
| 2019-07-23 | 2019-07-24 | 2019-07-31 | $0.0889 | +5.3% |
| 2019-06-14 | 2019-06-17 | 2019-06-28 | $0.0844 | −3.7% |
| 2019-05-21 | 2019-05-22 | 2019-05-31 | $0.0876 | +3.7% |
| 2019-04-23 | 2019-04-24 | 2019-04-30 | $0.0845 | −4.1% |
| 2019-03-21 | 2019-03-22 | 2019-03-29 | $0.0881 | +7.3% |
| 2019-02-21 | 2019-02-22 | 2019-02-28 | $0.0821 | +1.4% |
| 2019-01-23 | 2019-01-24 | 2019-01-31 | $0.0810 | −22.6% |
| 2018-12-18 | 2018-12-19 | 2018-12-31 | $0.1046 | +21.8% |
| 2018-11-21 | 2018-11-23 | 2018-11-30 | $0.0859 | −3.3% |
| 2018-10-23 | 2018-10-24 | 2018-10-31 | $0.0888 | +12.7% |
| 2018-09-14 | 2018-09-17 | 2018-09-28 | $0.0788 | −16.0% |
| 2018-08-21 | 2018-08-22 | 2018-08-31 | $0.0938 | +6.0% |
| 2018-07-20 | 2018-07-23 | 2018-07-31 | $0.0885 | +1.8% |
| 2018-06-21 | 2018-06-22 | 2018-06-29 | $0.0869 | −1.1% |
| 2018-05-22 | 2018-05-23 | 2018-05-31 | $0.0879 | +1.0% |
| 2018-04-20 | 2018-04-23 | 2018-04-30 | $0.0870 | +2.4% |
| 2018-03-22 | 2018-03-23 | 2018-03-29 | $0.0850 | +21.8% |
| 2018-02-21 | 2018-02-22 | 2018-02-28 | $0.0698 | −32.6% |
| 2018-01-23 | 2018-01-24 | 2018-01-31 | $0.1036 | +66.0% |
| 2017-12-21 | 2017-12-22 | 2017-12-29 | $0.0624 | −37.0% |
| 2017-11-21 | 2017-11-22 | 2017-11-30 | $0.0990 | +41.4% |
| 2017-10-20 | 2017-10-23 | 2017-10-31 | $0.0700 | 0.0% |
| 2017-09-21 | 2017-09-22 | 2017-09-29 | $0.0700 | — |
Amounts per share. Highlighted rows are declared but not yet paid.
FPEI dividend overview
First Trust Institutional Preferred… pays monthly distributions made up of income from its holdings, less fund expenses. Over the past 12 months it paid $1.22 per share, a yield of 6.64% at the latest close of $18.31. In 2025 it paid $1.18 per share, up 13.7% from 2024. Over five years distributions changed +3.4% a year.
Payment amounts vary because they pass through what the fund earned during the period. ETF distributions may include qualified dividends, ordinary income, return of capital and capital gains; the fund's annual tax statement has the breakdown.
Related: FPEI chart, FPEI performance, FPEI overview.
FPEI dividends FAQ
Does FPEI pay a dividend?
Yes. FPEI pays monthly distributions and has paid them since 2017. The most recent was $0.0955 per share with an ex-dividend date of October 21, 2026, payable October 30, 2026.
What is the FPEI dividend yield?
FPEI paid $1.22 per share over the past 12 months, a trailing yield of 6.64% at the latest close of $18.31.
When is the next FPEI dividend?
The next monthly distribution has not been announced yet. Based on the usual schedule the next ex-dividend date should fall around November 21, 2026.
How often does FPEI pay dividends?
FPEI pays distributions monthly, 12 times a year.
How much did FPEI pay in dividends in 2025?
FPEI paid $1.18 per share in 13 distributions in 2025.
How much income does 100 shares of FPEI pay?
100 shares of FPEI would have paid about $122 over the past 12 months, before tax.