Fidelity 500 Index Fund dividends (2024)

FAQs

Does the Fidelity 500 Index Fund pay dividends? ›

Last dividend for Fidelity 500 Index Fund (FXAIX) as of June 19, 2024 is 0.55 USD. The forward dividend yield for FXAIX as of June 19, 2024 is 1.16%. Average dividend growth rate for stock Fidelity 500 Index Fund (FXAIX) for past three years is 1.50%.

Our recommendation for the best overall S&P 500 index fund is the Fidelity 500 Index Fund. With a 0.015% expense ratio, it's the cheapest on our list. And it doesn't have a minimum initial investment requirement, sales loads or trading fees.

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FXAIX pays dividends quarterly. Last paid amount was $0.553 at Apr 05, 2024. As of today, dividend yield (TTM) is 1.50%.

But it's important to note that the S&P 500 index itself does not pay dividends—the companies in the index do. An investor has to buy shares of the companies themselves or of index funds in order to receive dividends. “The S&P itself does not pay a dividend,” explains Titan investment manager Christopher Seifel.

Overall Rating. Morningstar has awarded this fund 4 stars based on its risk-adjusted performance compared to the 302 funds within its Morningstar Category.

Based on 506 Wall Street analysts offering 12 month price targets to Fidelity 500 Index Fund holdings in the last 3 months. The average price target is $200.17 with a high forecast of $233.54 and a low forecast of $166.81. The average price target represents a 7.56% change from the last price of $186.10.

The historical average yearly return of the S&P 500 is 12.58% over the last 10 years, as of the end of April 2024. This assumes dividends are reinvested. Adjusted for inflation, the 10-year average stock market return (including dividends) is 9.52%.

Fidelity® 500 Index Fund is a diversified domestic large-cap equity strategy that seeks to closely track the returns and characteristics of the S&P 500® index. The S&P 500® is a market-capitalization-weighted index designed to measure the performance of 500 large-cap U.S. companies.

The fund normally pays dividends in April, July, October, and December and capital gain distributions in April and December. Any dividends and capital gain distributions paid to retirement plan participants will be automatically reinvested.

How many months should I hold a stock to get dividend? ›

At the most basic level, you only need to own a stock by the ex-dividend date (or deadline) in order to get the dividend. And you can sell the stock a day or two after that, once everything settles. So in theory, you only need to own the stock for a couple of days to get the dividend.

A dividend is a payment made by a company to share its profits with its shareholders. If your company stock pays a dividend, it goes into your Fidelity Account^® as cash by default. But you could use that money to purchase more shares of company stock or other investments to help keep it invested and working for you.

How much is Fidelity 500 Index Fund's dividend? FXAIX pays a dividend of $0.55 per share. FXAIX's annual dividend yield is 1.76%.

Fidelity 500 Index (FXAIX): Best large-cap 401(k) investment. Vanguard Mid-Cap Index Institutional (VMCIX): Best mid-cap 401(k) investment. Vanguard S&P Small-Cap 600 Index (VSMSX): Best small-cap 401(k) Investment. TIAA-CREF International Equity Index Institutional (TCIEX): Best foreign 401(k) Investment.

On average, the Fidelity Contrafund has beaten the S&P 500 Index by 2.78% per year. Growth of $10,000 invested in Contrafund versus S&P 500 Index, September 17, 1990 to March 31, 2024. Total value March 31, 2024 for Contrafund was $751,828 compared to $327,447 for the S&P 500 Index.

In summary, when comparing dividend vs index investing, a common question is “do index funds pay dividends?” The answer is that some index funds do pay dividends, depending on the holdings of the underlying index. Index funds offer advantages such as lower management expense ratios and broad market exposure.

SPDR Portfolio S&P 500 High Dividend ETF (SPYD)

SPYD is an index ETF that offers investors a straightforward high-dividend proposition. The fund is based on the S&P 500 High Dividend Index. That index is made up of the top 80 highest-yielding stocks found in the S&P 500.

Investing in an S&P 500 fund can instantly diversify your portfolio and is generally considered less risky. S&P 500 index funds or ETFs will track the performance of the S&P 500, which means when the S&P 500 does well, your investment will, too. (The opposite is also true, of course.)