FNILX Dividend Yield 2026: Fidelity ZERO Large Cap Index Fund

The free dividend tracker to help you grow your wealth. Link your brokerage accounts and MerryDiv automatically syncs your holdings and dividends.

Data last updated: Aug 17, 2026

Snapshot (as of Aug 17, 2026): Fidelity ZERO Large Cap Index Fund (FNILX) pays a $0.21 annual dividend ($0.05 quarterly), yielding 0.89% at $27.90/share. Next ex-dividend date 2025-12-12. 5+ consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.

Dividend Yield: 0.89%

Annual Dividend: $0.21 per share

Payout Ratio: 43.5%

Ex-Dividend Date: 2025-12-12

Dividend Frequency: quarterly

Sector: Financial Services

Years of Dividend History: 8

About Fidelity ZERO Large Cap Index Fund Dividend

The Fidelity ZERO Large Cap Index Fund dividend comes from a passively managed fund that holds at least 80% of its assets in the 500 largest U.S. companies by float-adjusted market capitalization, tracking the Fidelity U.S. Large Cap Index. FNILX currently yields 0.89%, with a trailing annual dividend rate of $0.2127 per share paid quarterly. The next ex-dividend date is December 12, 2025. Growth-oriented income investors are the natural fit here, given the fund's 27.1% annualized dividend growth rate over the past seven years.

Dividend Safety

Fidelity ZERO Large Cap Index Fund pays out 43.5% of earnings as dividends, a payout ratio classified as moderate (40–60%). That level leaves meaningful room between the dividend and the fund's earnings, which reflects the broad earnings base of 500 large U.S. companies held in the portfolio. Fidelity ZERO Large Cap Index Fund dividend safety is supported by that diversification, though the fund's payout is ultimately tied to the aggregate dividend activity of its underlying holdings, meaning any broad pullback in large-cap distributions would flow directly through to FNILX.

Fidelity ZERO Large Cap Index Fund (FNILX) Dividend Growth Rate, CAGR, and History

Fidelity ZERO Large Cap Index Fund dividend history shows a CAGR of 27.1% per year from 2018 to 2025. Per-share payments grew from $0.0460 to $0.2470 over that window (with 2025 the most recent completed year and $0.2470 the last declared amount). The smallest annual increase in the window was 0% in 2021, when the dividend held flat at $0.1610 for the second consecutive year.

Fidelity ZERO Large Cap Index Fund Dividend Growth Rate (CAGR)

Period	CAGR	From	To
3-Year	+6.4%	$0.20 (2022)	$0.25 (2025)
5-Year	+8.9%	$0.16 (2020)	$0.25 (2025)

Is Fidelity ZERO Large Cap Index Fund a Good Dividend Stock?

FNILX fits growth-and-income investors who prioritize dividend growth over current yield. The yield is low (below 2%), sitting at 0.89% today, though that is above the fund's own 5-year average of 0.76%, which shows the payout has been catching up to price. The 27.1% annualized growth rate is the defining characteristic here: an investor accepts a modest starting yield in exchange for a dividend that has more than quintupled since 2018. The moderate 43.5% payout ratio means the fund is not stretching to sustain that growth. Five consecutive years of increases round out the picture for investors who value a rising income stream over an immediate high payout.

Recent Fidelity ZERO Large Cap Index Fund Dividend Payments

Payment Date	Amount per Share
2025-12-12	$0.2470
2024-12-13	$0.2280
2023-12-27	$0.0040
2023-12-15	$0.2220
2022-12-16	$0.2050
2021-12-03	$0.1610
2020-12-04	$0.1610
2019-12-13	$0.1310
2018-12-28	$0.0110
2018-12-14	$0.0350

Fidelity ZERO Large Cap Index Fund Annual Dividend History

Year	Total Dividends
2025	$0.2470
2024	$0.2280
2023	$0.2260
2022	$0.2050
2021	$0.1610

Related Financial Services Dividend Stocks

• VTSAX — Vanguard Total Stock Market Index Fund Admiral Shares (1.01% yield)
• VTI — Vanguard Morningstar Total Stock Market ETF (1.02% yield)
• VOO — Vanguard S&P 500 ETF (1.03% yield)
• VFIAX — Vanguard 500 Index Fund Admiral Shares (1.03% yield)
• JPM — JPMorgan Chase & Co. (1.65% yield)
• IVV — iShares Core S&P 500 ETF (1.05% yield)

Frequently Asked Questions

Does FNILX pay dividends?

Yes, Fidelity ZERO Large Cap Index Fund (FNILX) pays a $0.05 quarterly dividend per share, yielding 0.89%.

How often does Fidelity ZERO Large Cap Index Fund pay dividends?

Fidelity ZERO Large Cap Index Fund pays dividends quarterly, with the last dividend amount of $0.2470 per share. The next ex-dividend date is December 12, 2025.

What is Fidelity ZERO Large Cap Index Fund's current dividend yield?

The current FNILX dividend yield is 0.89%, above the fund's 5-year average yield of 0.76%. That gap reflects dividend growth outpacing share price appreciation over the period.

Has Fidelity ZERO Large Cap Index Fund ever cut its dividend?

No dividend cut appears in the available history from 2018 to 2025, though the dividend did hold flat in 2021 at $0.1610 per share, unchanged from 2020. The data window covers eight years, so history before 2018 is not available.

How fast has Fidelity ZERO Large Cap Index Fund grown its dividend?

FNILX has grown its dividend at a compound annual growth rate (CAGR) of 27.1% per year from 2018 to 2025. Per-share payments rose from $0.0460 to $0.2470 over that seven-year window.

Is Fidelity ZERO Large Cap Index Fund a good dividend stock for income investors?

FNILX carries a low yield of 0.89%, which limits its appeal for investors seeking immediate income. Its strength is dividend growth: a 27.1% annualized CAGR since 2018 and five consecutive years of increases make it a better fit for growth-and-income investors than pure income seekers.

Is Fidelity ZERO Large Cap Index Fund dividend safe?

The 43.5% payout ratio is moderate (40–60%), leaving meaningful buffer between the dividend and earnings. That ratio, combined with the fund's broad exposure to 500 large U.S. companies, supports the current payout level based on available data.

Why is Fidelity ZERO Large Cap Index Fund dividend yield low?

The 0.89% yield is low because the fund tracks large U.S. companies that tend to retain earnings for growth rather than pay high dividends. The 43.5% payout ratio reflects that dynamic, prioritizing dividend growth over a high starting yield.

How does Fidelity ZERO Large Cap Index Fund compare to its own historical yield?

At 0.89%, the current yield is above the 5-year average of 0.76%, showing that dividend growth has outpaced price appreciation over that period. That shift is meaningful for income investors tracking whether the payout is becoming more or less generous over time.

Latest FNILX News

• 7 Best Fidelity Mutual Funds to Buy and Hold - U.S. News Money — U.S. News Money
• 8 Best Index Funds to Buy in August 2026 - The Motley Fool — The Motley Fool
• 5 Best Fidelity Mutual Funds to Buy Now - Kiplinger — Kiplinger

Project income from FNILX with the FNILX dividend calculator or track your full portfolio with the dividend tracker.