About First Trust S&P 500 Diversified Free Cash Flow ETF (FCFY) — Dividend Analysis 2026
The First Trust S&P 500 Diversified Free Cash Flow ETF seeks investment results that correspond generally to the price and yield, before fees and expenses, of an equity index called the S&P 500 Sector-Neutral FCF Index (the "Index"). Under normal conditions, the Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in the securities that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the total return performance of the Index, which includes dividends paid by the common stocks in the Index. The Fund will generally employ a full replication strategy, meaning that it will normally invest in all of the securities comprising the Index in proportion to their weightings in the Index.
Is FCFY a good dividend investment in 2026?
FCFY offers a 1.63% forward yield with a 50% payout ratio. Strand Safety Score: N/A. The 5-year dividend CAGR of 0% is modest — investors should weigh current income against growth alternatives.
FCFY DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your FCFY portfolio grows to $11.8K vs $11.6K without reinvestment. This is the compound interest effect in action.
FCFY dividend growth history & forecast
FCFY has grown its dividend by 0% over the last year and 0% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 1.63%.
ETFs do not file income statements or cash flow statements. Their dividend safety depends on the underlying index quality, fund methodology, and holdings composition. Use the Holdings page to analyze individual stocks in this fund.
🌍 FCFY Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold FCFY.
Gross yield
1.63%
Tax rate
15.00%
After-tax yield
1.39%
Real yield (−CPI)
-1.41%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
1.63%
-1.17%
$163 / yr
🇺🇸 US Taxable (15%) ✓
15%
1.39%
-1.41%
$139 / yr
🇺🇸 US Taxable (20%)
20%
1.30%
-1.50%
$130 / yr
🇬🇧 UK ISA
0%
1.63%
-1.17%
$163 / yr
🇬🇧 UK Taxable
8.75%
1.49%
-1.31%
$149 / yr
🇨🇦 TFSA
0%
1.63%
-1.17%
$163 / yr
🇨🇦 CA Taxable
25%
1.22%
-1.58%
$122 / yr
🇦🇺 Super (pension)
15%
1.39%
-1.41%
$139 / yr
🇦🇺 AU Taxable
30%
1.14%
-1.66%
$114 / yr
🇩🇪 DE Taxable
26.375%
1.20%
-1.60%
$120 / yr
🇫🇷 FR Taxable
30%
1.14%
-1.66%
$114 / yr
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 FCFY Income Goal & Break-Even
Dividend Break-Even
50yr+
Years for dividends to fully repay your FCFY investment of $24.92/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$1.5K
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$-995.41
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in FCFY for:
Shares needed
69,426
Capital required
$1,730,332
Monthly income
$2,000
Based on current dividend of $0.41/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 FCFY Dividend Payment Schedule
FCFY pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$0.86 / payment
$3.46 / year after tax
100 shares
$8.64 / payment
$34.57 / year after tax
1,000 shares
$86.42 / payment
$345.69 / year after tax
📊 FCFY vs Financial Services Benchmarks
How FCFY compares to typical Financial Services averages.
Benchmark: Financial Services
Dividend Yield▼-1.27% vs sectorBelow avg
FCFY
1.63%
avg
2.90%
5Y Dividend CAGR▼-7.10% vs sectorBelow avg
FCFY
0.00%
avg
7.10%
Payout Ratio▼+12.00% vs sectorBelow avg
FCFY
50.00%
avg
38.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for FCFY sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ FCFY Insider Activity
No recent SEC filings reported in the last 90 days.
📊 About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the FCFY dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →