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FMZJBX
The First Trust Combined Series 583: Tax Exempt Municipal Income Trust, Series 304NMFQS

FMZJBX Dividend Calculator: Forecast Your Returns

See how much monthly passive income you can generate from The First Trust Combined Series 583: Tax Exempt Municipal Income Trust, Series 304. Calculate dividend growth with DRIP and compound interest using real-time data.

Current Price
$881.35
0.03% today
FMZJ

Dividend Income Calculator

Adjust parameters to see how your investment grows
Investment value: $88,135.00
Shares: 100

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0% (No Growth)

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0% (No Growth)

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DRIP (Reinvest Dividends)
Automatically reinvest dividends
Annual Contributions
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0% (Tax-Advantaged)

20%

40%

The Snowball Effect: DRIP vs No DRIP

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DRIP (Dividend Reinvestment Plan) significantly accelerates portfolio growth through compounding.

Is FMZJBX a Good Investment for 2026?

Based on the current price of $881.35, FMZJBX offers a compelling dividend yield of 6.91%. This is higher than the S&P 500 average.

Historically, The First Trust Combined Series 583: Tax Exempt Municipal Income Trust, Series 304 has raised its payouts by an average of 7% annually over the last 5 years.

With a payout ratio of N/A (ETF), the dividend appears safe.

FMZJBX vs Popular Alternatives

ETF / StockCurrent Yield5Y Dividend GrowthExpense Ratio
FMZJ
FMZJBX
The First Trust Combined Series 583: Tax Exempt Municipal Income Trust, Series 304
60.94%7%N/AACTIVE
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JPMorgan Nasdaq Equity Premium Income ETF
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1.06%9.2%0.06%Calculate →
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Vanguard S&P 500 ETF
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Frequently Asked Questions about FMZJBX

How much does FMZJBX pay per share?

FMZJBX currently pays an annual dividend of $60.94 per share, distributed monthly.

When is the next ex-dividend date for FMZJBX?

The next ex-dividend date for FMZJBX is expected to be not yet announced. To receive the payment, you must own the stock before this date.

Is FMZJBX a good dividend stock?

FMZJBX has a dividend yield of 6.91% and has grown its dividend for 1 years. Its payout ratio is 0%, indicating poor dividend sustainability.
Your Annual Dividend Income
$4,265.80
Monthly: $355.48
Value after 10 Years:$234,429.14
Future Yield on Cost:22.2%
Total Dividends Earned:$75,668.73
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FMZJBX Dividend Health Check

Dividend Yield6.91%
High Yield
Payout Safety
Pass-Through
Fund pass-through
Growth Streak1+ Year
Dividend growth streak is not yet established
Short History
Payment FrequencyMonthly
12 payments per year
Next expected payment:
May 25, 2026