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Data last updated: Jul 04, 2026
Dividend Yield: 2.88%
Annual Dividend: $0.30 per share
Ex-Dividend Date: 2026-06-30
Dividend Frequency: monthly
Sector: Financial Services
Years of Dividend History: 41
The Fidelity Intermediate Municipal Income Fund dividend comes from a portfolio of high-quality municipal bonds, at least 80% of which generate income exempt from federal taxation. FLTMX pays monthly, with a trailing annual rate of $0.2934 per share and a next ex-dividend date of May 31, 2026. The current yield is 2.87%. With a beta of 0.76, the fund carries below-average price volatility, which suits income investors who prioritize capital preservation alongside tax-advantaged monthly income.
Fidelity Intermediate Municipal Income Fund pays out dividends as a pass-through of bond income, making a traditional payout ratio not applicable (fund/ETF). Fidelity Intermediate Municipal Income Fund dividend safety rests on the quality of its underlying holdings: the fund targets high-quality municipal securities with a dollar-weighted average maturity between three and ten years, a structure that limits interest rate sensitivity relative to longer-duration bond funds. The main pressure point is concentration risk, as more than 25% of total capital may sit in municipal bonds financing similar project categories, which ties income to the health of those specific segments.
Fidelity Intermediate Municipal Income Fund dividend history shows a CAGR of -1.6% per year from 2008 to 2025. Per-share payments moved from $0.3750 in 2008 to $0.2869 in 2025 (2026 is a partial year and excluded from this calculation). The largest single-year increase in the window was 33.6% in 2018, but the data also contains at least one year-over-year decline exceeding 5%, and the overall trend is negative over the full period.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +15.3% | $0.19 (2022) | $0.29 (2025) |
| 5-Year | +5.7% | $0.22 (2020) | $0.29 (2025) |
| 10-Year | +0.6% | $0.27 (2015) | $0.29 (2025) |
FLTMX fits dividend investors who want monthly, federally tax-exempt income with low price volatility rather than dividend growth. The yield sits at 2.87%, classified as moderate (2-4%), and runs above the fund's own 5-year average of 2.32%, which means current income is relatively elevated by recent standards. The trade-off is clear: the long-run dividend CAGR is -1.6%, so purchasing power from distributions has eroded over time. What the fund offers is a low-beta (0.76) income stream backed by high-quality municipal bonds. Investors gain tax-advantaged monthly cash flow; they accept a dividend that has declined in aggregate over the past 17 years.
| Payment Date | Amount per Share |
|---|---|
| 2026-05-31 | $0.0257 |
| 2026-04-30 | $0.0250 |
| 2026-03-31 | $0.0252 |
| 2026-02-28 | $0.0220 |
| 2026-01-31 | $0.0243 |
| 2025-12-31 | $0.0253 |
| 2025-11-28 | $0.0244 |
| 2025-10-31 | $0.0251 |
| 2025-09-30 | $0.0240 |
| 2025-08-31 | $0.0244 |
| Year | Total Dividends |
|---|---|
| 2026 | $0.1222 |
| 2025 | $0.2869 |
| 2024 | $0.2675 |
| 2023 | $0.2462 |
| 2022 | $0.1874 |
Project income from FLTMX with the FLTMX dividend calculator or track your full portfolio with the dividend tracker.