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MFLX DRIP Calculator & Dividend Yield 2026
4.46% YieldFinancial ServicesFirst Trust Flexible Municipal High Income ETF · NASDAQ
Price: $16.23 · Annual div: $0.7240/share · Frequency: monthly · Payout ratio: N/A · Ex-div: 2026-10-21
Calculator settings
Portfolio growth: DRIP vs No DRIP
Annual dividend income growth
💡 What-if scenarios
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🎯 When MFLX pays your bills
Year your monthly dividend income covers each expense (based on current settings)
MFLX Dividend History — Last 80 Payments
| Ex-Dividend Date | Payment Date | Amount / Share | TTM Yield | Stock Price |
|---|---|---|---|---|
| 2026-10-21Latest | 2026-10-30 | $0.0620 | 4.54% | $15.96 |
| 2026-09-24 | 2026-09-30 | $0.0620 | 4.67% | $16.64 |
| 2026-08-21 | 2026-08-31 | $0.0620 | 4.23% | $16.92 |
| 2026-07-21 | 2026-07-31 | $0.0610 | 4.42% | $17.37 |
| 2026-06-25 | 2026-06-30 | $0.0610 | 4.43% | $17.25 |
| 2026-05-21 | 2026-05-29 | $0.0610 | 4.12% | $17.08 |
| 2026-04-21 | 2026-04-30 | $0.0600 | 4.49% | $16.86 |
| 2026-03-26 | 2026-03-31 | $0.0600 | 4.37% | $17.27 |
| 2026-02-20 | 2026-02-27 | $0.0600 | 4.42% | $17.09 |
| 2026-01-21 | 2026-01-30 | $0.0600 | 4.42% | $17.02 |
| 2025-12-12 | 2025-12-31 | $0.0575 | 4.42% | $16.98 |
| 2025-11-21 | 2025-11-28 | $0.0575 | 4.05% | $17.09 |
| 2025-10-21 | 2025-10-31 | $0.0575 | 4.42% | $16.97 |
| 2025-09-25 | 2025-09-30 | $0.0575 | 4.57% | $16.41 |
| 2025-08-21 | 2025-08-29 | $0.0575 | 4.22% | $16.41 |
| 2025-07-22 | 2025-07-31 | $0.0575 | 4.51% | $16.57 |
| 2025-06-26 | 2025-06-30 | $0.0575 | 4.49% | $16.49 |
| 2025-05-21 | 2025-05-30 | $0.0575 | 4.15% | $16.48 |
| 2025-04-22 | 2025-04-30 | $0.0575 | 4.28% | $16.99 |
| 2025-03-27 | 2025-03-31 | $0.0575 | 3.87% | $17.32 |
| 2025-02-21 | 2025-02-28 | $0.0600 | 3.89% | $17.06 |
| 2025-01-22 | 2025-01-31 | $0.0575 | 3.85% | $17.01 |
| 2024-12-13 | 2024-12-31 | $0.0575 | 4.01% | $17.43 |
| 2024-11-21 | 2024-11-29 | $0.0575 | 3.73% | $17.22 |
| 2024-10-22 | 2024-10-31 | $0.0575 | 3.90% | $17.57 |
| 2024-09-26 | 2024-09-30 | $0.0575 | 3.63% | $17.30 |
| 2024-08-21 | 2024-08-30 | $0.0575 | 3.59% | $17.27 |
| 2024-07-23 | 2024-07-31 | $0.0550 | 3.62% | $16.95 |
| 2024-06-27 | 2024-06-28 | $0.0510 | 3.63% | $16.75 |
| 2024-05-21 | 2024-05-31 | $0.0510 | 3.96% | $16.69 |
| 2024-04-23 | 2024-04-30 | $0.0510 | 3.59% | $16.97 |
| 2024-03-21 | 2024-03-28 | $0.0510 | 3.92% | $17.01 |
| 2024-02-21 | 2024-02-29 | $0.0510 | 3.91% | $17.13 |
| 2024-01-23 | 2024-01-31 | $0.0510 | 3.98% | $16.90 |
| 2023-12-22 | 2023-12-29 | $0.0510 | 4.14% | $16.31 |
| 2023-11-21 | 2023-11-30 | $0.0510 | 4.35% | $15.60 |
| 2023-10-24 | 2023-10-31 | $0.0500 | 3.96% | $15.85 |
| 2023-09-22 | 2023-09-29 | $0.0500 | 4.26% | $16.10 |
| 2023-08-22 | 2023-08-31 | $0.0500 | 4.20% | $16.42 |
| 2023-07-21 | 2023-07-31 | $0.0500 | 3.89% | $16.45 |
| 2023-06-27 | 2023-06-30 | $0.0500 | 3.94% | $16.45 |
| 2023-05-23 | 2023-05-31 | $0.0540 | 4.31% | $16.55 |
| 2023-04-21 | 2023-04-28 | $0.0540 | 3.99% | $16.55 |
| 2023-03-24 | 2023-03-31 | $0.0540 | 4.06% | $16.37 |
| 2023-02-22 | 2023-02-28 | $0.0540 | 3.97% | $17.01 |
| 2023-01-24 | 2023-01-31 | $0.0540 | 4.22% | $16.27 |
| 2022-12-23 | 2022-12-30 | $0.0540 | 4.30% | $16.20 |
| 2022-11-22 | 2022-11-30 | $0.0540 | 4.78% | $15.40 |
| 2022-10-21 | 2022-10-31 | $0.0540 | 4.70% | $15.86 |
| 2022-09-23 | 2022-09-30 | $0.0540 | 4.51% | $16.72 |
| 2022-08-23 | 2022-08-31 | $0.0540 | 4.38% | $17.38 |
| 2022-07-21 | 2022-07-29 | $0.0580 | 4.62% | $16.69 |
| 2022-06-24 | 2022-06-30 | $0.0580 | 4.52% | $17.15 |
| 2022-05-24 | 2022-05-31 | $0.0580 | 4.62% | $16.86 |
| 2022-04-12 | 2022-04-29 | $0.0580 | 4.68% | $18.07 |
| 2022-03-11 | 2022-03-31 | $0.0650 | 4.12% | $19.12 |
| 2022-02-11 | 2022-02-28 | $0.0650 | 4.03% | $19.50 |
| 2022-01-11 | 2022-01-31 | $0.0650 | 4.02% | $21.07 |
| 2021-12-14 | 2021-12-31 | $0.0935 | 3.74% | $20.87 |
| 2021-11-12 | 2021-11-30 | $0.0625 | 3.62% | $20.71 |
| 2021-10-13 | 2021-10-29 | $0.0625 | 3.90% | $20.76 |
| 2021-09-14 | 2021-09-30 | $0.0625 | 3.46% | $21.62 |
| 2021-08-11 | 2021-08-31 | $0.0625 | 3.42% | $21.64 |
| 2021-07-13 | 2021-07-30 | $0.0625 | 3.68% | $21.39 |
| 2021-06-11 | 2021-06-30 | $0.0625 | 3.44% | $21.06 |
| 2021-05-11 | 2021-05-28 | $0.0625 | 3.69% | $20.74 |
| 2021-04-13 | 2021-04-30 | $0.0625 | 3.44% | $20.40 |
| 2021-03-11 | 2021-03-31 | $0.0625 | 3.44% | $20.06 |
| 2021-02-11 | 2021-02-26 | $0.0625 | 3.32% | $20.40 |
| 2021-01-12 | 2021-01-29 | $0.0625 | 3.05% | $20.15 |
| 2020-12-11 | 2020-12-31 | $0.0625 | — | — |
| 2020-11-12 | 2020-11-30 | $0.0625 | — | — |
| 2020-10-14 | 2020-10-30 | $0.0600 | — | — |
| 2020-09-11 | 2020-09-30 | $0.0550 | — | — |
| 2020-08-11 | 2020-08-31 | $0.0550 | — | — |
| 2020-07-14 | 2020-07-31 | $0.0550 | — | — |
| 2020-06-11 | 2020-06-30 | $0.0525 | — | — |
| 2020-05-12 | 2020-05-29 | $0.0500 | — | — |
| 2020-04-13 | 2020-04-30 | $0.0500 | — | — |
| 2020-03-11 | 2020-03-31 | $0.0500 | — | — |
About First Trust Flexible Municipal High Income ETF (MFLX) — Dividend Analysis 2026
The First Trust Flexible Municipal High Income ETF (MFLX), formerly known as the First Trust Municipal CEF Income Opportunity ETF, aims to generate current income. Under typical market conditions, the Fund endeavors to meet this goal by allocating a minimum of 80% of its net assets (plus any borrowed capital) to municipal debt securities. These investments feature interest payments that are exempt from regular federal income taxes. Municipal debt securities are commonly issued by or on behalf of U.S. states, territories, and possessions, along with the District of Columbia, and their associated political entities, agencies, and authorities. The Fund may invest in a broad spectrum of municipal instruments, including, but not limited to, municipal lease obligations (and their certificates of participation), general obligation bonds, revenue bonds, municipal notes, municipal cash equivalents, private activity bonds (including industrial development bonds), and bonds that are pre-refunded or escrowed to maturity.
Similar dividend stocks to MFLX
Forward dividend yield from the latest data · open any DRIP calculator
This calculation uses the DividendFlow Engine v6.0. Data is verified daily against SEC filings and FMP real-time feeds to ensure projection accuracy.
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🌍 MFLX Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold MFLX.
| Account/Country | Tax Rate | After-tax Yield | Real Yield | $10K Annual Income |
|---|---|---|---|---|
| 🇺🇸 Roth IRA / 401k | 0% | 4.46% | 1.66% | $446 / yr |
| 🇺🇸 US Taxable (15%) ✓ | 15% | 3.79% | 0.99% | $379 / yr |
| 🇺🇸 US Taxable (20%) | 20% | 3.57% | 0.77% | $357 / yr |
| 🇬🇧 UK ISA | 0% | 4.46% | 1.66% | $446 / yr |
| 🇬🇧 UK Taxable | 8.75% | 4.07% | 1.27% | $407 / yr |
| 🇨🇦 TFSA | 0% | 4.46% | 1.66% | $446 / yr |
| 🇨🇦 CA Taxable | 25% | 3.34% | 0.54% | $335 / yr |
| 🇦🇺 Super (pension) | 15% | 3.79% | 0.99% | $379 / yr |
| 🇦🇺 AU Taxable | 30% | 3.12% | 0.32% | $312 / yr |
| 🇩🇪 DE Taxable | 26.375% | 3.28% | 0.48% | $328 / yr |
| 🇫🇷 FR Taxable | 30% | 3.12% | 0.32% | $312 / 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.
🎯 MFLX Income Goal & Break-Even
12-month CPI (US BLS via FMP economic-indicators).
Based on current dividend of $0.72/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 MFLX Dividend Payment Schedule
MFLX pays every month — 12 payments per year.
📊 MFLX vs Financial Services Benchmarks
How MFLX compares to typical Financial Services averages.
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for MFLX sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ MFLX Insider Activity
When executives buy their own stock, it's a signal they believe in the dividend's sustainability.
| Insider | Title | Type | Date | Shares | Price | Total Value |
|---|---|---|---|---|---|---|
| D-Return | 2016-07-27 | 5,750 | $23.95 | $137.7K | ||
| D-Return | 2016-07-27 | 24,000 | — | — | ||
| D-Return | 2016-07-27 | 37,314 | $23.95 | $893.7K | ||
| D-Return | 2016-07-27 | 36,184 | $23.95 | $866.6K | ||
| M-Exempt | 2016-06-15 | 12,000 | — | — | ||
| M-Exempt | 2016-06-15 | 12,000 | — | — | ||
| F-InKind | 2016-06-15 | 6,250 | $23.31 | $145.7K | ||
| M-Exempt | 2016-03-05 | 4,536 | — | — | ||
| M-Exempt | 2016-03-05 | 4,536 | — | — | ||
| M-Exempt | 2016-03-05 | 4,536 | — | — |
Insider transactions sourced from SEC Form 4 filings via Financial Modeling Prep. See disclaimer.
Peer Group
Similar companies in the same sectorCompare MFLX with peers: MFLX vs DFVE · MFLX vs GCAL · MFLX vs GUMI
Financial Health Scores
Altman Z-Score predicts bankruptcy risk. Piotroski F-Score measures financial strength across 9 criteria. High scores → lower dividend cut risk. Data via FMP financial statements.
Geographic Revenue Breakdown
Where MFLX earns its moneyRevenue breakdown from latest annual report via FMP. Percentages may not sum to 100% due to rounding.
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 MFLX 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 →
First Trust Flexible Municipal High Income ETF (MFLX) is currently trading at $16.23, trading near its 52-week low. The current dividend yield is 4.46% based on an annual payout of $0.7240 per share.
MFLX (First Trust Flexible Municipal High Income ETF) — 4.46% Dividend Yield Analysis
First Trust Flexible Municipal High Income ETF (MFLX) is a financial services stock currently trading at $16.23 with a dividend yield of 4.46%. It pays an annual dividend of $0.7240 per share. Over the past 5 years, MFLX's dividend has declined at an average rate of 0.7% a year.
- 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.
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LiveHow investors use the MFLX dividend calculator
Illustrative examples of common use cases, written by the DividendFlow team — not customer reviews.