What is the dividend for Fidelity 500 Index Fund FXAIX?
How much is Fidelity 500 Index Fund's dividend? FXAIX pays a dividend of $0.63 per share. FXAIX's annual dividend yield is 1.35%.
Last dividend for Fidelity 500 Index Fund (FXAIX) as of Aug. 9, 2024 is 0.63 USD. The forward dividend yield for FXAIX as of Aug. 9, 2024 is 1.37%.
| Return Type | 1 Yr | 3 Yrs |
|---|---|---|
| FUND Fidelity® 500 Index Fund | 22.15% | 9.58% |
| PRIMARY BENCHMARK S&P 500 Close | 22.15% | 9.60% |
| Ex-Dividend date | 29/04/2024 |
|---|---|
| Record date | 26/04/2024 |
| Payment date | 16/05/2024 |
| Dividend amount per share | 0.6 NGN |
The S&P 500 is an index, so it does not pay dividends; however, there are mutual funds and exchange-traded funds (ETFs) that track the index, which you can invest in. If the companies in these funds pay dividends, you'll receive yours based on how many shares of the funds you hold.
| Ex-Date | Record Date | Amount |
|---|---|---|
| Jul 05, 2024 | Jul 05, 2024 | $0.63 |
| Apr 05, 2024 | Apr 05, 2024 | $0.55 |
| Dec 15, 2023 | Dec 15, 2023 | $0.70 |
| Oct 06, 2023 | Oct 06, 2023 | $0.56 |
To calculate the dividend payout ratio, the formula divides the dividend amount distributed in the period by the net income in the same period. For example, if a company issued $20 million in dividends in the current period with $100 million in net income, the payout ratio would be 20%.
Overall Rating
Morningstar has awarded this fund 5 stars based on its risk-adjusted performance compared to the 1298 funds within its Morningstar Category.
About FXAIX
The index covers about 80% of the investable market capitalization of the U.S. equity market. The S&P 500 has been widely touted by many experts as a good addition to retirement portfolios because it is broadly diversified across all sectors.
Fidelity 500 Index Fund FXAIX
YTD Return is adjusted for possible sales charges, and assumes reinvestment of dividends and capital gains.
Does Fidelity have a high dividend index fund?
U.S. Investment Universes
These largest 1,000 securities are 90% or more of the eligible investment universe for Fidelity High Dividend Index and Fidelity Dividend Index for Rising Rates. These securities are utilized to determine the weights of the broader U.S. Equity market.
Investors can begin by logging into their Fidelity account and navigating to the 'Accounts & Trade' tab. From there, select the account for which dividend information is sought, and click on the 'Balances and Holdings' option. This will display a summary of the account, including any dividend payments received.
The stock pays a quarterly dividend of $0.50 per share.
| Symbol | Name | Dividend Yield |
|---|---|---|
| FEPI | REX FANG & Innovation Equity Premium Income ETF | 21.88% |
| TSLP | Kurv Yield Premium Strategy Tesla (TSLA) ETF | 21.82% |
| YMAG | YieldMax Magnificent 7 Fund of Option Income ETFs | 19.41% |
| JPMO | YieldMax JPM Option Income Strategy ETF | 19.34% |
Basic Info. S&P 500 Dividend Yield is at 1.32%, compared to 1.35% last month and 1.54% last year.
You can retire on dividends. To do so, you generally need to start investing in dividend-paying assets early and reinvest the dividends until you retire.
The average price target for Fidelity 500 Index Fund is $218.06. This is based on 506 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $255.48 ,the lowest forecast is $180.19. The average price target represents N/A Increase from the current price of N/A.
Automatic Dividend Reinvestment with Fidelity is a service that allows investors to automatically reinvest their dividends back into the same investment vehicle without requiring any manual intervention. This feature is particularly advantageous for investors looking to compound their returns over time.
| YTD Return | 12.95% |
|---|---|
| 5y Average Return | 14.70% |
| Rank in Category (ytd) | 27 |
| % Rank in Category (ytd) | -- |
| Beta (5Y Monthly) | 1.00 |
Money paid to investors in this way is called a "dividend". Calculating the dividend that a shareholder is owed by a company is generally fairly easy; simply multiply the dividend paid per share (or "DPS") by the number of shares you own.
What is a good dividend payout?
A range of 35% to 55% is considered healthy and appropriate from a dividend investor's point of view. A company that is likely to distribute roughly half of its earnings as dividends means that the company is well established and a leader in its industry.
Stocks in the S&P 500 index currently yield about 1.5% on aggregate. That means, if you have $1 million invested in a mutual fund or exchange-traded fund that tracks the index, you could expect annual dividend income of about $15,000.
Fidelity 500 Index Fund (FXAIX) has announced a dividend of $0.63 with an ex date of July 05, 2024 and a payment date of July 08, 2024.
Our recommendation for the best overall S&P 500 index fund is the Fidelity 500 Index Fund. With a 0.015% expense ratio, it's the cheapest on our list. And it doesn't have a minimum initial investment requirement, sales loads or trading fees. Over the last 10 years, FXAIX has returned an annualized 12.02%.
Fidelity 500 Index (FXAIX): Best large-cap 401(k) investment. Vanguard Mid-Cap Index Institutional (VMCIX): Best mid-cap 401(k) investment. Vanguard S&P Small-Cap 600 Index (VSMSX): Best small-cap 401(k) Investment. TIAA-CREF International Equity Index Institutional (TCIEX): Best foreign 401(k) Investment.
