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FLMI Dividend Calculator

Calculate how much dividend income Franklin Dynamic Municipal Bond ETF (FLMI) could generate with reinvestment. Pre-loaded with FLMI's current 4.38% yield and 10.2% dividend growth rate.

Dividend Yield: 4.38%

Annual Dividend: $1.06 per share

Share Price: $24.22

FLMI DRIP Calculator

Model FLMI dividend reinvestment with customizable yield, growth rate, contribution, and time horizon. Compare DRIP vs no-DRIP returns and see year-by-year projection tables.

5-Year Dividend Growth Rate (CAGR): 10.2% per year

What If You Invested $1,000 in FLMI 10 Years Ago?

A $1,000 investment in FLMI on 2017-09-29 would be worth $1,274.45 today with dividends reinvested (DRIP), a total return of 27.4%.

Without reinvesting, the total portfolio value (shares plus cash dividends) would be $1,239.97 (24% return). Reinvesting dividends added $34.48 in extra value.

Starting share price: $24.98 — Current share price: $24.22

Frequently Asked Questions

What is FLMI's current dividend yield?

FLMI (Franklin Dynamic Municipal Bond ETF) currently has a dividend yield of 4.38%. This means for every $10,000 invested, you would receive approximately $438 per year in dividend income before taxes.

How much FLMI do I need to make $1,000 per month in dividends?

To earn $1,000 per month ($12,000/year) from FLMI at its current yield of 4.38%, you would need approximately $273,973 invested. With dividend reinvestment and growth, you may need less over time.

Does FLMI pay monthly dividends?

FLMI pays dividends periodically. See the full payment history on the FLMI stock page.

Is FLMI's dividend safe?

Payout ratio data is not available for FLMI. Review the company's earnings and cash flow statements for a safety assessment.

What is FLMI's dividend growth rate?

FLMI's 5-year dividend compound annual growth rate (CAGR) is approximately 10.2% per year. This growth rate is pre-loaded into the calculator above to give you a realistic projection.

What would $1,000 invested in FLMI 10 years ago be worth today?

A $1,000 investment in FLMI on 2017-09-29 would be worth approximately $1,274.45 today with dividends reinvested (DRIP), a 27.4% total return. Without reinvesting, the total portfolio value (shares plus accumulated cash dividends) would be $1,239.97 — meaning DRIP added $34.48 in extra value.

See full dividend history and analysis on the FLMI dividend page.