About Themes European Luxury ETF (FINE) — Dividend Analysis 2026
FINE aims to replicate an index of European companies generating at least 50% of their revenues from luxury-related business operations. The index is focused on companies headquartered in developed Europe, such as Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, or the United Kingdom. Eligible securities must meet certain size and trading volume requirements. After this basic screen, a proprietary natural language processing algo screens publicly available information such as financial news and business profiles to identify and score companies involved in the investment theme. These may include firms involved in the design, manufacturing, or sale of luxury and designer accessories, high-end or designer clothing and beauty products, exclusive and luxurious automobiles and boats, luxury hotels, resorts, and spas. The 25 highest ranking companies are included in the index and are given an equal weighting. The index is reconstituted annually and rebalanced semi-annually.
Is FINE a good dividend investment in 2026?
FINE offers a 0.98% 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.
FINE DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your FINE portfolio grows to $11.0K vs $11.0K without reinvestment. This is the compound interest effect in action.
FINE dividend growth history & forecast
FINE 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 0.98%.
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.
🌍 FINE Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold FINE.
Gross yield
0.98%
Tax rate
15.00%
After-tax yield
0.83%
Real yield (−CPI)
-1.97%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
0.98%
-1.82%
$98 / yr
🇺🇸 US Taxable (15%) ✓
15%
0.83%
-1.97%
$83 / yr
🇺🇸 US Taxable (20%)
20%
0.78%
-2.02%
$78 / yr
🇬🇧 UK ISA
0%
0.98%
-1.82%
$98 / yr
🇬🇧 UK Taxable
8.75%
0.89%
-1.91%
$89 / yr
🇨🇦 TFSA
0%
0.98%
-1.82%
$98 / yr
🇨🇦 CA Taxable
25%
0.73%
-2.06%
$74 / yr
🇦🇺 Super (pension)
15%
0.83%
-1.97%
$83 / yr
🇦🇺 AU Taxable
30%
0.69%
-2.11%
$69 / yr
🇩🇪 DE Taxable
26.375%
0.72%
-2.08%
$72 / yr
🇫🇷 FR Taxable
30%
0.69%
-2.11%
$69 / 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.
🎯 FINE Income Goal & Break-Even
Dividend Break-Even
50yr+
Years for dividends to fully repay your FINE investment of $22.02/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$862.93
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$-1609.36
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in FINE for:
Shares needed
131,126
Capital required
$2,887,578
Monthly income
$2,000
Based on current dividend of $0.22/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 FINE Dividend Payment Schedule
FINE pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$0.46 / payment
$1.83 / year after tax
100 shares
$4.58 / payment
$18.30 / year after tax
1,000 shares
$45.76 / payment
$183.03 / year after tax
📊 FINE vs Financial Services Benchmarks
How FINE compares to typical Financial Services averages.
Benchmark: Financial Services
Dividend Yield▼-1.92% vs sectorBelow avg
FINE
0.98%
avg
2.90%
5Y Dividend CAGR▼-7.10% vs sectorBelow avg
FINE
0.00%
avg
7.10%
Payout Ratio▼+12.00% vs sectorBelow avg
FINE
50.00%
avg
38.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for FINE sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ FINE 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 FINE 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 →