FDVLX Dividend Yield 2026: Fidelity Value Fund

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Data last updated: Sep 06, 2026

Snapshot (as of Sep 06, 2026): Fidelity Value Fund (FDVLX) pays a $1.39 annual dividend, yielding 7.96% at $17.39/share. Next ex-dividend date 2025-12-12. Source: Yahoo Finance, aggregated by MerryDiv.

Dividend Yield: 7.96%

Annual Dividend: $1.39 per share

Ex-Dividend Date: 2025-12-12

Sector: Financial Services

Years of Dividend History: 44

About Fidelity Value Fund Dividend

The Fidelity Value Fund dividend comes from a fund that targets undervalued companies, primarily mid-sized domestic and international businesses, using a value-oriented approach to pursue capital growth. FDVLX currently pays $1.3850 per share on a trailing annual basis, with the next ex-dividend date set for December 12, 2025. The yield stands at 7.96%. At a beta of 1.091, the fund moves slightly more than the broader market, which income-focused investors should weigh against that elevated yield.

Dividend Safety

Fidelity Value Fund pays out dividends as a fund, making the payout ratio not applicable (fund/ETF) rather than a traditional earnings-based metric. Fidelity Value Fund dividend safety rests on the fund's ability to generate distributable income and realized gains from its portfolio of undervalued equities, which FMR selects based on assets, earnings, or future growth potential. The most significant pressure point is that distributions from equity funds can fluctuate with portfolio performance, and the history table shows multiple years of sharp year-over-year swings.

Fidelity Value Fund (FDVLX) Dividend Growth Rate, CAGR, and History

Fidelity Value Fund dividend history shows a CAGR of -4.5% per year from 1998 to 2024. Per-share payments moved from $7.7000 at the start of the window to $2.3360 by 2024 (2025 and 2026 figures are partial years and excluded from this calculation). The largest annual increase in the window was 1282.1% in 2004, which reflects how erratically distributions have moved rather than any sustained upward trend.

Fidelity Value Fund Dividend Growth Rate (CAGR)

Period	CAGR	From	To
3-Year	+16.1%	$0.88 (2022)	$1.39 (2025)
10-Year	-18.3%	$10.51 (2015)	$1.39 (2025)

Is Fidelity Value Fund a Good Dividend Stock?

FDVLX fits income-focused investors who can tolerate wide year-to-year swings in distribution size. The current yield is classified as high (above 4%), and at 7.96% it sits above the fund's own 5-year average of 7.56%, which is a meaningful premium for income seekers. The trade-off is real: the -4.5% CAGR over the full history window means the per-share payout has shrunk over time, not grown. What an investor gets is a high current yield from a value-oriented equity fund; what they accept is distribution volatility and a long-run downward drift in per-share payments.

Recent Fidelity Value Fund Dividend Payments

Payment Date	Amount per Share
2025-12-12	$1.3850
2024-12-13	$2.3360
2023-12-08	$0.5330
2022-12-09	$0.8840
2021-12-28	$0.0320
2021-12-03	$1.4060
2020-12-04	$0.1180
2019-12-06	$0.3700
2018-12-07	$1.4140
2017-12-08	$5.7410

Fidelity Value Fund Annual Dividend History

Year	Total Dividends
2025	$1.3850
2024	$2.3360
2023	$0.5330
2022	$0.8840
2021	$1.4380

Related Financial Services Dividend Stocks

• VTSAX — Vanguard Total Stock Market Index Fund Admiral Shares (1.02% yield)
• VTI — Vanguard Morningstar Total Stock Market ETF (1.03% yield)
• VFIAX — Vanguard 500 Index Fund Admiral Shares (1.03% yield)
• VOO — Vanguard S&P 500 ETF (1.04% yield)
• JPM — JPMorgan Chase & Co. (1.67% yield)
• IVV — iShares Core S&P 500 ETF (1.06% yield)

Frequently Asked Questions

Does FDVLX pay dividends?

Yes, Fidelity Value Fund (FDVLX) pays a $1.39 annual dividend per share, yielding 7.96%.

What is Fidelity Value Fund's current dividend yield?

Fidelity Value Fund's current dividend yield is 7.96%. That sits above the fund's 5-year average yield of 7.56%, putting the current yield at the higher end of its own recent history.

Has Fidelity Value Fund ever cut its dividend?

The available history shows multiple year-over-year declines. For example, the 2024 annual payment of $2.3360 followed a 2017 payment of $5.7410, and the 2011 payment of $0.6050 followed years with much larger distributions. The data window contains at least one decline exceeding 5%.

How fast has Fidelity Value Fund grown its dividend?

The compound annual growth rate (CAGR) for FDVLX dividends was -4.5% per year from 1998 to 2024. Per-share payments fell from $7.7000 to $2.3360 over that 26-year window, reflecting a long-run decline rather than growth.

Is Fidelity Value Fund a good dividend stock for income investors?

The fund carries a high (above 4%) yield at 7.96%, which appeals to income-focused investors. The trade-off is that distributions have declined at -4.5% per year over the long run and have shown sharp swings year to year, making the income stream unpredictable.

Is Fidelity Value Fund dividend safe?

The payout ratio is not applicable (fund/ETF), so there is no traditional coverage ratio to assess. Distributions depend on portfolio income and realized gains from the fund's holdings of undervalued equities, and the history table shows the payout has varied dramatically from year to year.

How does Fidelity Value Fund compare to its own historical yield?

At 7.96%, the current yield is above the 5-year average of 7.56%. That gap is modest but places the current yield slightly above where it has averaged over the past five years.

What type of investor is Fidelity Value Fund best suited for?

FDVLX fits income-focused investors who prioritize a high current yield and can accept significant year-to-year variation in distribution size. The -4.5% long-run CAGR means it is not suited for investors who need a growing income stream.

Latest FDVLX News

• Is Fidelity Value Fund (FDVLX) a Strong Mutual Fund Pick Right Now? - Yahoo Finance — Yahoo Finance
• 4 Mid-Cap Value Mutual Funds Shining Despite Volatile Market Conditions - TradingView — TradingView

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