FFRHX Dividend Yield 2026: Fidelity Floating Rate High Income

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Data last updated: Sep 06, 2026

Snapshot (as of Sep 06, 2026): Fidelity Floating Rate High Income (FFRHX) pays a $0.62 annual dividend ($0.05 monthly), yielding 6.84% at $9.05/share. Next ex-dividend date 2026-08-31. Source: Yahoo Finance, aggregated by MerryDiv.

Dividend Yield: 6.84%

Annual Dividend: $0.62 per share

Ex-Dividend Date: 2026-08-31

Dividend Frequency: monthly

Sector: Financial Services

Years of Dividend History: 17

About Fidelity Floating Rate High Income Dividend

The Fidelity Floating Rate High Income dividend comes from a fund that puts at least 80% of its assets into floating rate loans and variable-rate debt, often targeting lower-rated, higher-yield securities. The fund currently yields 6.84%, with a trailing annual dividend rate of $0.6188 per share paid monthly. The next ex-dividend date is August 31, 2026. With a beta of just 0.04, FFRHX appeals to income investors who want high yield with minimal price volatility.

Dividend Safety

Fidelity Floating Rate High Income pays out dividends as a fund, making the payout ratio not applicable (fund/ETF). Fidelity Floating Rate High Income dividend safety rests on the income generated by its underlying portfolio of floating rate loans and variable-rate debt instruments, which adjust with prevailing interest rates rather than paying a fixed coupon. The fund deliberately targets companies in financial distress or precarious conditions, which means credit risk in the underlying holdings is the primary factor that could pressure distributions.

Fidelity Floating Rate High Income (FFRHX) Dividend Growth Rate, CAGR, and History

Fidelity Floating Rate High Income dividend history shows a CAGR of 17.1% per year from 2003 to 2025. Per-share payments grew from $0.0210 to $0.6746 over that span (2026 is a partial year and excluded from the CAGR calculation). The largest annual increase in the window was 798.8% in 2018, though the data also contains at least one year-over-year decline exceeding 5%, so growth has not been linear.

Fidelity Floating Rate High Income Dividend Growth Rate (CAGR)

Period	CAGR	From	To
3-Year	+14.1%	$0.45 (2022)	$0.67 (2025)
5-Year	+13.6%	$0.36 (2020)	$0.67 (2025)
10-Year	+34.1%	$0.04 (2013)	$0.67 (2025)

Is Fidelity Floating Rate High Income a Good Dividend Stock?

FFRHX fits dividend investors who prioritize high current income over predictable, uninterrupted growth. The yield of 6.84% is classified as high (above 4%), and it sits above the fund's own 5-year average of 6.58%, meaning the current payout is running at the upper end of its recent range. Zero consecutive years of dividend increases reflects the floating-rate nature of the portfolio: distributions move with interest rates and credit conditions, not a management commitment to annual raises. The trade-off is clear: investors get a high monthly income stream backed by a diversified loan portfolio, but they accept distribution variability rather than a predictable growth path.

Recent Fidelity Floating Rate High Income Dividend Payments

Payment Date	Amount per Share
2026-08-31	$0.0496
2026-07-31	$0.0499
2026-06-30	$0.0476
2026-05-31	$0.0499
2026-04-30	$0.0485
2026-03-31	$0.0491
2026-02-28	$0.0426
2026-01-31	$0.0517
2025-12-31	$0.0538
2025-12-12	$0.0130

Fidelity Floating Rate High Income Annual Dividend History

Year	Total Dividends
2026	$0.3889
2025	$0.6746
2024	$0.7740
2023	$0.7655
2022	$0.4541

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 FFRHX pay dividends?

Yes, Fidelity Floating Rate High Income (FFRHX) pays a $0.05 monthly dividend per share, yielding 6.84%.

How often does Fidelity Floating Rate High Income pay dividends?

Fidelity Floating Rate High Income pays dividends monthly. The last dividend amount was $0.0496 per share, with the next ex-dividend date set for August 31, 2026.

What is Fidelity Floating Rate High Income's current dividend yield?

The current FFRHX dividend yield is 6.84%, above the fund's 5-year average yield of 6.58%. That places the current yield at the higher end of its own recent range.

Has Fidelity Floating Rate High Income ever cut its dividend?

Yes. The available history shows at least one year-over-year decline exceeding 5%, including a drop from $0.4756 in 2019 to $0.3563 in 2020 and from $0.3595 in 2018 to a lower level in prior years. Distributions have not followed a straight upward path.

How fast has Fidelity Floating Rate High Income grown its dividend?

The compound annual growth rate (CAGR) for the FFRHX dividend is 17.1% per year from 2003 to 2025. That headline figure is skewed by a single year: the largest annual increase in the window was 798.8% in 2018.

Is Fidelity Floating Rate High Income a good dividend stock for income investors?

For income investors focused on yield, FFRHX offers a high (above 4%) current yield of 6.84% paid monthly. The trade-off is distribution variability: the fund has zero consecutive years of dividend increases, and payouts move with interest rates and credit conditions in the underlying loan portfolio.

Is Fidelity Floating Rate High Income dividend safe?

The payout ratio is not applicable (fund/ETF), so safety depends on income from the underlying floating rate loans. The fund targets lower-rated issuers in financial distress, which introduces credit risk as the main pressure point on distributions.

How does Fidelity Floating Rate High Income compare to its own historical yield?

The current yield of 6.84% is above the 5-year average of 6.58%, meaning income investors are getting slightly more than the fund's recent norm. That gap is modest but real.

Latest FFRHX News

• 7 of the Best Fidelity Bond Funds to Buy for Steady Income | Investing - US News Money — US News Money
• How a $500,000 Position in Senior Loan ETFs Quietly Pays $35,000 a Year With a Built-In Inflation Hedge - 24/7 Wall St. — 24/7 Wall St.
• Fidelity Floating Rate High Income Fund Q3 2025 Commentary (FFRHX) - Seeking Alpha — Seeking Alpha

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