Skip to content
TopDivs

FSMB Dividend

First Trust Short Duration Managed Municipal ETF

AMEXFinancial ServicesETFData as of
Dividend yield
2.90%
Annual dividend
$0.58
Payout ratio
—
Frequency
Monthly
Share price
$19.95
Market cap
$629M

Is FSMB 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 median2.90% against a median of 2.78% 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 3 timesAcross 7 complete years, the annual total fell in 2020, 2021, 2025. The most recent reduction was in 2025.
  • Pays monthlyPayments arrive twelve times a year rather than the usual four, which suits income being drawn rather than reinvested.

FSMB dividend history

Annual dividend per share, 2019 to 2025.

2019202120232025
Peak $0.5760 in 2024Year 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 FSMB, most recent first.
Ex-dividend datePay dateAmountType
$0.0530Monthly
$0.0530Monthly
$0.0530Monthly
$0.0530Monthly
$0.0530Monthly
$0.0530Monthly
$0.0530Monthly
$0.0520Monthly
$0.0520Irregular
$0.0520Monthly
$0.0520Monthly
$0.0520Monthly
$0.0520Monthly
$0.0520Monthly
$0.0510Monthly
$0.0510Monthly
$0.0510Monthly
$0.0510Monthly
$0.0510Monthly
$0.0500Monthly
$0.0500Monthly
$0.0500Monthly
$0.0500Monthly
$0.0490Monthly
$0.0480Monthly
$0.0480Monthly
$0.0470Monthly
$0.0470Monthly
$0.0460Monthly
$0.0440Monthly
$0.0430Monthly
$0.0420Monthly
$0.0420Monthly
$0.0420Monthly
$0.0420Monthly
$0.0420Monthly
$0.0410Monthly
$0.0410Monthly
$0.0390Irregular
$0.0380Special

How much would FSMB pay you?

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

Calculate FSMB dividend income →

FSMB appears in

Frequently asked questions

Does FSMB pay a dividend?
Yes. First Trust Short Duration Managed Municipal ETF pays a monthly dividend, currently yielding 2.90% based on trailing twelve-month payments of $0.58 per share.
How much does FSMB pay in dividends?
$0.58 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 FSMB ex-dividend date?
No upcoming ex-dividend date is currently on record for FSMB. Dates appear here once the company declares them.