HTML Code

<!DOCTYPE html>
<html lang="en">
<head>
  <meta charset="utf-8">
  <title>jQuery.dequeue fade step</title>
  <style>
    body { font-family: sans-serif; padding: 16px; max-width: 420px; }
    #box {
      padding: 20px; background: #dbeafe; border-radius: 8px;
      text-align: center; font-weight: 600;
    }
    button { margin-top: 12px; padding: 8px 14px; }
  </style>
</head>
<body>
  <div id="box">Hello</div>
  <button type="button" id="go">Run fade chain</button>
  <script src="https://code.jquery.com/jquery-3.7.1.min.js"></script>
  <script>
    $( "#go" ).on( "click", function () {
      $( "#box" )
        .stop( true, true )
        .fadeOut( 400 )
        .queue(function () {
          $( this ).text( "Hidden step done" );
          jQuery.dequeue( this );
        })
        .fadeIn( 400 );
    });
  </script>
</body>
</html>

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jQuery.dequeue() — fade + text step (Try It)