FZROX Dividend Yield 2026: Fidelity ZERO Total Market Index Fund

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Data last updated: Aug 17, 2026

Snapshot (as of Aug 17, 2026): Fidelity ZERO Total Market Index Fund (FZROX) pays a $0.24 annual dividend ($0.06 quarterly), yielding 0.89% at $27.24/share. Next ex-dividend date 2025-12-12. Source: Yahoo Finance, aggregated by MerryDiv.

Dividend Yield: 0.89%

Annual Dividend: $0.24 per share

Ex-Dividend Date: 2025-12-12

Dividend Frequency: quarterly

Sector: Financial Services

Years of Dividend History: 8

About Fidelity ZERO Total Market Index Fund Dividend

The Fidelity ZERO Total Market Index Fund dividend comes from a fund that holds common stocks across the entire U.S. market, from large-cap to small-cap, weighted by float-adjusted market value. FZROX currently yields 0.93%, with a trailing annual dividend rate of $0.2420 per share paid quarterly. The next ex-dividend date is December 12, 2025. With a beta of 1.03, the fund moves nearly in lockstep with the broader market, making it a fit for growth-and-income investors who accept market-level volatility in exchange for broad diversification.

Dividend Safety

Fidelity ZERO Total Market Index Fund pays out dividends as a pass-through of income generated by its underlying holdings, making a traditional payout ratio not applicable (fund/ETF). Fidelity ZERO Total Market Index Fund dividend safety is therefore tied to the aggregate dividend income produced by its portfolio of U.S. stocks across all market caps, rather than a single company's earnings. The primary pressure on the payout is market-wide: a broad decline in dividends paid by U.S. companies would directly reduce what FZROX passes through to shareholders.

Fidelity ZERO Total Market Index Fund (FZROX) Dividend Growth Rate, CAGR, and History

Fidelity ZERO Total Market Index Fund dividend history shows a CAGR of 20.7% per year from 2018 to 2025. Per-share payments grew from $0.0650 to $0.2420 over that window (2026 is a partial year and not included in the CAGR calculation). The smallest annual increase in the window was 0% in 2020, when the dividend held flat at $0.1710 rather than advancing.

Fidelity ZERO Total Market Index Fund Dividend Growth Rate (CAGR)

Period	CAGR	From	To
3-Year	+4.8%	$0.21 (2022)	$0.24 (2025)
5-Year	+7.2%	$0.17 (2020)	$0.24 (2025)

Is Fidelity ZERO Total Market Index Fund a Good Dividend Stock?

FZROX fits growth-and-income investors who want exposure to the full U.S. stock market and are willing to accept a low current yield in exchange for above-average dividend growth. The yield is low (below 2%) at 0.93%, though that sits above the fund's own 5-year average of 0.84%, so current income is modestly better than the recent norm. The 20.7% annual CAGR from 2018 to 2025 is the defining characteristic here: the dividend has grown fast, but the starting base was small. What an investor gets is broad market participation and a rising income stream. What they give up is meaningful current income.

Recent Fidelity ZERO Total Market Index Fund Dividend Payments

Payment Date	Amount per Share
2025-12-12	$0.2420
2024-12-13	$0.2360
2023-12-27	$0.0040
2023-12-15	$0.2220
2022-12-16	$0.2100
2021-12-03	$0.1810
2020-12-04	$0.1710
2019-12-13	$0.1710
2018-12-28	$0.0090
2018-12-14	$0.0560

Fidelity ZERO Total Market Index Fund Annual Dividend History

Year	Total Dividends
2025	$0.2420
2024	$0.2360
2023	$0.2260
2022	$0.2100
2021	$0.1810

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 FZROX pay dividends?

Yes, Fidelity ZERO Total Market Index Fund (FZROX) pays a $0.06 quarterly dividend per share, yielding 0.89%.

How often does Fidelity ZERO Total Market Index Fund pay dividends?

Fidelity ZERO Total Market Index Fund pays dividends quarterly. The last dividend was $0.2420 per share, with the next ex-dividend date set for December 12, 2025.

What is Fidelity ZERO Total Market Index Fund's current dividend yield?

The current FZROX dividend yield is 0.93%, which is above the fund's 5-year average yield of 0.84%. That makes current income modestly higher than the recent historical baseline.

Has Fidelity ZERO Total Market Index Fund ever cut its dividend?

Within the available history from 2018 to 2025, no outright cut appears. The dividend held flat at $0.1710 in both 2019 and 2020, but no year-over-year decline is recorded in that window.

How fast has Fidelity ZERO Total Market Index Fund grown its dividend?

FZROX has grown its dividend at a compound annual growth rate (CAGR) of 20.7% per year from 2018 to 2025. Per-share payments rose from $0.0650 to $0.2420 over that period.

Is Fidelity ZERO Total Market Index Fund a good dividend stock for income investors?

FZROX carries a low (below 2%) yield of 0.93%, so it does not suit investors who need high current income. Its defining characteristic is fast dividend growth, at 20.7% annually, which appeals more to growth-and-income investors than pure income seekers.

What type of investor is Fidelity ZERO Total Market Index Fund best suited for?

FZROX fits growth-and-income investors who prioritize dividend growth over current yield. The 20.7% CAGR from 2018 to 2025 and five consecutive years of increases point to a rising income stream, not a high starting payout.

How does Fidelity ZERO Total Market Index Fund compare to its own historical yield?

The current yield of 0.93% is above the fund's 5-year average of 0.84%. That gap is modest, but it means investors buying FZROX today are locking in a slightly better yield than the recent norm.

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