- Pays: quarterly — usually going ex-dividend in the third week of March, June, September, and December.
- Paying since: 2016.
- What it is: Fidelity's high-dividend index fund — ~100+ large caps screened for yield and payout health, with an unusual twist: it deliberately keeps a meaningful slice of Big Tech.
- The record: the annual payout has climbed from about $1.09 (2021) to $1.64 (2025), with 2026 tracking higher still — roughly 9%/yr growth.
- The trade-off: the tech tilt lowers the headline yield versus purist rivals but has helped both the payout and the share price grow faster.
FDVV tracks a yield-screened index that intentionally retains technology exposure; its dividend wobbles quarter to quarter (2024 dipped before 2025's rebound) around a strongly rising multi-year trend.
FDVV pays quarterly. Each point below is one dividend since 2016. Quarterly amounts wobble — watch the yearly totals below for the real trend.
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Each point is one payment; the line ends at the most recent payout. The table below totals them by year.
| Recent Ex-Dividend Dates | Dividend / Share |
|---|
"Next expected" is estimated from FDVV's recent payment rhythm — the fund announces exact dates shortly before each payout, and the data feed can lag a few days. You must own shares before the ex-dividend date to receive that payout; the cash typically arrives days later. See every fund's upcoming date on the live dividend calendar.
A real total-return estimate, assuming every payout was reinvested — including what happened to the share price. Before taxes and fees. Past performance does not predict the future.
Now Estimate Your Own Future
These are assumptions, not a prediction. Want the full chart and tax options? Open the full calculator →
Most high-dividend funds screen out Big Tech almost entirely — low yields, wrong aisle. FDVV's index makes the opposite bet: keep a real allocation to the market's growth engines alongside the banks and staples, accepting a somewhat lower headline yield in exchange for faster growth of both the payout and the principal. The last few years have rewarded that design handsomely.
The comparison every buyer should run is against SCHD (stricter quality screen, purer value tilt) and VYM (maximum breadth). FDVV sits between them and the plain market — the estimator below and the full calculator let you model each with real numbers.
| Year | Total Dividends / Share | Payments | Change vs Prior Year |
|---|
Data source: Yahoo Finance. Figures are per share; the current year may be partial and figures should be verified against official sources.
Calculated from complete calendar years in the data above. Past results don't guarantee future payments.
When Is FDVV's Next Ex-Dividend Date?
FDVV pays quarterly — usually going ex-dividend in the third week of March, June, September, and December. The exact date of each payout is announced by the fund only shortly beforehand, so no site can promise the next date — but the live schedule box above shows the most recent ex-dividend date and the expected window for the next one, computed from FDVV's actual payment rhythm. Remember: you must own shares before the ex-dividend date to receive that payout.
FDVV's Record: Quietly Excellent
FDVV — the Fidelity High Dividend ETF — has paid quarterly since 2016, and its recent yearly totals sketch one of the better growth curves in the high-yield aisle: $1.09 in 2021, $1.59 in 2023, a small 2024 dip, then $1.64 in 2025 with 2026 running well ahead of that pace. Roughly 9% annual payout growth from a fund yielding near 3% is SCHD-class compounding with a different engine.
The Tech-Tilted Yield Screen
FDVV's index ranks large caps by yield and payout sustainability but deliberately retains technology exposure most rivals exclude. The result is a portfolio that looks like the market with a dividend lean, rather than a value fund in a dividend costume. When tech leads, FDVV's totals and price both benefit; when value leads, purer screens like SCHD's take the lead. The wobble in individual quarters is index rebalancing, not distress.
Where FDVV Fits
As a core dividend holding for investors — especially Fidelity account holders — who want yield without divorcing the market's growth engine. Compare SCHD and VYM for the neighboring philosophies, then run your own numbers in the estimator above. Next expected date on the live calendar.
How to Choose Dividend Stocks (and Funds)
Yield traps, payout ratios, quality screens — the plain-English framework for picking income investments that last.
Read: How to Choose Dividend Stocks