Skip to content
TopDivs

FLMI Dividend

Franklin Dynamic Municipal Bond ETF

AMEXFinancial ServicesETFData as of
Dividend yield
4.10%
Annual dividend
$0.99
Payout ratio
—
Frequency
Monthly
Share price
$24.13
Market cap
$2.4B

Is FLMI a good dividend stock?

What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.

  • Yield is above the market median4.10% against a median of 2.84% across US dividend payers.
  • Payout ratio does not applyThis is a fund. It distributes income received from its holdings rather than paying out of its own earnings, so a payout ratio is not a meaningful measure.
  • Dividend has been cut 2 timesAcross 9 complete years, the annual total fell in 2020, 2022. The most recent reduction was in 2022.
  • Raised for 3 consecutive yearsDerived from split-adjusted payment history and approximate; treat it as a relative signal rather than a certified record.
  • Pays monthlyPayments arrive twelve times a year rather than the usual four, which suits income being drawn rather than reinvested.

FLMI dividend history

Annual dividend per share, 2017 to 2025.

20172019202120232025
Peak $0.9508 in 2025Year the total fellTypical payment × payments that year, split-adjusted, excluding special and one-off distributions. Robust to duplicate records in the source data. The current year is omitted while incomplete.

Recent dividend payments

The last 40 dividend payments for FLMI, most recent first.
Ex-dividend datePay dateAmountType
$0.0880Monthly
$0.0906Monthly
$0.0796Monthly
$0.0942Monthly
$0.0866Monthly
$0.0825Monthly
$0.0889Monthly
$0.0880Monthly
$0.0749Monthly
$0.0762Monthly
$0.0677Monthly
$0.0727Monthly
$0.0906Monthly
$0.0789Monthly
$0.0780Monthly
$0.0912Monthly
$0.0795Monthly
$0.0844Monthly
$0.0931Monthly
$0.0875Monthly
$0.0727Monthly
$0.0711Monthly
$0.0723Monthly
$0.0211Irregular
$0.0738Monthly
$0.0929Monthly
$0.0754Monthly
$0.0799Monthly
$0.0900Monthly
$0.0755Irregular
$0.0898Monthly
$0.0904Monthly
$0.0799Monthly
$0.0745Monthly
$0.0825Monthly
$0.0869Irregular
$0.0766Monthly
$0.0840Irregular
$0.0684Monthly
$0.0777Monthly

How much would FLMI pay you?

Enter an amount and see the income this dividend would produce — per year, per payment and per month.

Calculate FLMI dividend income →

FLMI appears in

Other financial services dividend ETFs

Closest to FLMI on yield.

Browse all dividend stocks A-Z →

Frequently asked questions

Does FLMI pay a dividend?
Yes. Franklin Dynamic Municipal Bond ETF pays a monthly dividend, currently yielding 4.10% based on trailing twelve-month payments of $0.99 per share.
How much does FLMI pay in dividends?
$0.99 per share over the last twelve months, paid monthly. Special and one-off distributions are excluded from that figure because they do not recur.
When is the next FLMI ex-dividend date?
No upcoming ex-dividend date is currently on record for FLMI. Dates appear here once the company declares them.