About First Trust Institutional Preferred Securities & Income ETF (FPEI) — Dividend Analysis 2026
The fund under normal market conditions, invests at least 80% of its net assets (including investment borrowings) in institutional preferred securities and income-producing debt securities. Preferred securities are a type of equity security that have preference over common stock in the payment of distributions and the liquidation of a company's assets, but are generally junior to all forms of the company's debt, including both senior and subordinated debt. The fund's investments in preferred securities will primarily be in institutional preferred securities.
Is FPEI a good dividend investment in 2026?
FPEI offers a 6.07% forward yield with a 50% payout ratio. Strand Safety Score: N/A. The 5-year dividend CAGR of 3.5% is modest — investors should weigh current income against growth alternatives.
FPEI DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your FPEI portfolio grows to $20.4K vs $17.4K without reinvestment. This is the compound interest effect in action.
FPEI dividend growth history & forecast
FPEI has grown its dividend by 4.8% over the last year and 3.5% 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 6.07%.
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.
🌍 FPEI Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold FPEI.
Gross yield
6.07%
Tax rate
15.00%
After-tax yield
5.16%
Real yield (−CPI)
2.36%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
6.07%
3.27%
$607 / yr
🇺🇸 US Taxable (15%) ✓
15%
5.16%
2.36%
$516 / yr
🇺🇸 US Taxable (20%)
20%
4.86%
2.06%
$486 / yr
🇬🇧 UK ISA
0%
6.07%
3.27%
$607 / yr
🇬🇧 UK Taxable
8.75%
5.54%
2.74%
$554 / yr
🇨🇦 TFSA
0%
6.07%
3.27%
$607 / yr
🇨🇦 CA Taxable
25%
4.55%
1.75%
$455 / yr
🇦🇺 Super (pension)
15%
5.16%
2.36%
$516 / yr
🇦🇺 AU Taxable
30%
4.25%
1.45%
$425 / yr
🇩🇪 DE Taxable
26.375%
4.47%
1.67%
$447 / yr
🇫🇷 FR Taxable
30%
4.25%
1.45%
$425 / 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.
🎯 FPEI Income Goal & Break-Even
Dividend Break-Even
16yr
Years for dividends to fully repay your FPEI investment of $18.46/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$8.4K
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$5.9K
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in FPEI for:
Shares needed
25,208
Capital required
$465,340
Monthly income
$2,000
Based on current dividend of $1.12/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 FPEI Dividend Payment Schedule
FPEI pays every month — 12 payments per year.
Jan
💰
Feb
💰
Mar
💰
Apr
💰
May
💰
Jun
💰
Jul
💰
Aug
💰
Sep
💰
Oct
💰
Nov
💰
Dec
💰
10 shares
$0.79 / payment
$9.52 / year after tax
100 shares
$7.93 / payment
$95.21 / year after tax
1,000 shares
$79.34 / payment
$952.09 / year after tax
📊 FPEI vs Financial Services Benchmarks
How FPEI compares to typical Financial Services averages.
Benchmark: Financial Services
Dividend Yield▲+3.17% vs sectorBetter
FPEI
6.07%
avg
2.90%
5Y Dividend CAGR▼-3.60% vs sectorBelow avg
FPEI
3.50%
avg
7.10%
Payout Ratio▼+12.00% vs sectorBelow avg
FPEI
50.00%
avg
38.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for FPEI sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ FPEI Insider Activity
No recent SEC filings reported in the last 90 days.
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 FPEI 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 →
1-year price trend
📊FPEI Live Context
First Trust Institutional Preferred Securities & Income ETF (FPEI) is currently trading at $18.46, trading near its 52-week low. The current dividend yield is 6.07% based on an annual payout of $1.12 per share.
First Trust Institutional Preferred Securities & Income ETF (FPEI) is a financial services stock currently trading at $18.46 with a dividend yield of 6.07%. The company pays an annual dividend of $1.12 per share. The payout ratio of 50% suggests the dividend is well-covered by earnings. Over the past 5 years, FPEI has grown its dividend at a compound annual rate of 3.5%.
⚠️ Key Risks
Dividend payments are not guaranteed and can be reduced or suspended at any time.
Auto-generated from live market data. For educational purposes only — not financial advice.
📚 For educational purposes only. Not financial advice. Data sourced from Financial Modeling Prep (FMP) and SEC EDGAR. Results are estimates — actual returns will vary. Full disclaimer →
How investors use the FPEI dividend calculator
Illustrative examples of common use cases, written by the DividendFlow team — not customer reviews.
News aggregated from public sources via Finnhub & RSS. For informational purposes only.
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For educational purposes only. Not financial advice.
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