Does MFLX pay a dividend?

Yes. First Trust Flexible Municipal High Income ETF pays a monthly dividend, currently yielding 3.83% based on trailing twelve-month payments of $0.65 per share.

How much does MFLX pay in dividends?

$0.65 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 MFLX ex-dividend date?

No upcoming ex-dividend date is currently on record for MFLX. Dates appear here once the company declares them.

MFLX Dividend

First Trust Flexible Municipal High Income ETF

NASDAQFinancial ServicesETFData as of August 12, 2026

Dividend yield: 3.83%
Annual dividend: $0.65
Payout ratio: —
Frequency: Monthly
Share price: $16.99
Market cap: $20.0M

Is MFLX 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 median3.83% 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 5 timesAcross 10 complete years, the annual total fell in 2022, 2023, 2025 and earlier. 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.

MFLX dividend history

Annual dividend per share, 2016 to 2025.

Peak $0.7500 in 2021Year 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 MFLX, most recent first.
Ex-dividend date	Pay date	Amount	Type
July 21, 2026	July 31, 2026	$0.0610	Monthly
June 25, 2026	June 30, 2026	$0.0610	Monthly
May 21, 2026	May 29, 2026	$0.0610	Monthly
April 21, 2026	April 30, 2026	$0.0600	Monthly
March 26, 2026	March 31, 2026	$0.0600	Monthly
February 20, 2026	February 27, 2026	$0.0600	Monthly
January 21, 2026	January 30, 2026	$0.0600	Monthly
December 12, 2025	December 31, 2025	$0.0575	Monthly
November 21, 2025	November 28, 2025	$0.0575	Irregular
October 21, 2025	October 31, 2025	$0.0575	Monthly
September 25, 2025	September 30, 2025	$0.0575	Monthly
August 21, 2025	August 29, 2025	$0.0575	Monthly
July 22, 2025	July 31, 2025	$0.0575	Monthly
June 26, 2025	June 30, 2025	$0.0575	Monthly
May 21, 2025	May 30, 2025	$0.0575	Monthly
April 22, 2025	April 30, 2025	$0.0575	Monthly
March 27, 2025	March 31, 2025	$0.0575	Monthly
February 21, 2025	February 28, 2025	$0.0600	Monthly
January 22, 2025	January 31, 2025	$0.0575	Monthly
December 13, 2024	December 31, 2024	$0.0575	Monthly
November 21, 2024	November 29, 2024	$0.0575	Monthly
October 22, 2024	October 31, 2024	$0.0575	Monthly
September 26, 2024	September 30, 2024	$0.0575	Monthly
August 21, 2024	August 30, 2024	$0.0575	Monthly
July 23, 2024	July 31, 2024	$0.0550	Monthly
June 27, 2024	June 28, 2024	$0.0510	Monthly
May 21, 2024	May 31, 2024	$0.0510	Monthly
April 23, 2024	April 30, 2024	$0.0510	Monthly
March 21, 2024	March 28, 2024	$0.0510	Monthly
February 21, 2024	February 29, 2024	$0.0510	Monthly
January 23, 2024	January 31, 2024	$0.0510	Monthly
December 22, 2023	December 29, 2023	$0.0510	Monthly
November 21, 2023	November 30, 2023	$0.0510	Monthly
October 24, 2023	October 31, 2023	$0.0500	Monthly
September 22, 2023	September 29, 2023	$0.0500	Monthly
August 22, 2023	August 31, 2023	$0.0500	Monthly
July 21, 2023	July 31, 2023	$0.0500	Monthly
June 27, 2023	June 30, 2023	$0.0500	Monthly
May 23, 2023	May 31, 2023	$0.0540	Monthly
April 21, 2023	April 28, 2023	$0.0540	Monthly

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Frequently asked questions

Does MFLX pay a dividend?: Yes. First Trust Flexible Municipal High Income ETF pays a monthly dividend, currently yielding 3.83% based on trailing twelve-month payments of $0.65 per share.
How much does MFLX pay in dividends?: $0.65 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 MFLX ex-dividend date?: No upcoming ex-dividend date is currently on record for MFLX. Dates appear here once the company declares them.