LVHI cuts quarterly dividend 42% to $0.361 per share

Franklin International Low Volatility High Dividend Index ETF (LVHI) has announced a quarterly dividend of $0.3610 per share, a decrease of 42.33% from the previous payment of $0.6260. The ex-dividend date for this payment is set for September 3, 2026.

The numbers

This cut follows a series of volatile quarterly payments over the past year. Recent payments include $0.544 on June 5, 2025, $0.327 on September 4, 2025, $0.814 on December 4, 2025, $0.159 on March 5, 2026, and $0.626 on June 4, 2026. The new payment of $0.3610 brings the trailing twelve-month dividend per share to $1.9600, implying a yield of 4.58% at the current price of $42.84. Despite this cut, the ETF has a five-year dividend CAGR of 14.3% and has increased its dividend for one consecutive year. However, the recent payment pattern shows significant fluctuation.

What it means for income investors

For investors holding 100 shares, the new quarterly payment would amount to $36.10, down from $62.60 previously. On an annualized basis, this would equate to $144.40 per 100 shares, based on the current quarterly rate. This reduction may impact income-focused investors who rely on consistent quarterly distributions. Investors can review the full dividend history to assess the fund's payment patterns over time.

Reporting based on: DividendSmart market data. Figures verified against market data where available.