Health Care Select Sector SPDR Fund (NYSEARCA:XLV) Increases Dividend to $0.66 Per Share

Health Care Select Sector SPDR Fund (NYSEARCA:XLV) announced a quarterly dividend on Wednesday, December 31st. Stockholders of record on Monday, June 22nd will be given a dividend of 0.6563 per share by the exchange traded fund on Wednesday, June 24th. This represents a c) dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Monday, June 22nd. This is a 10.4% increase from Health Care Select Sector SPDR Fund’s previous quarterly dividend of $0.59.

Health Care Select Sector SPDR Fund Price Performance

XLV opened at $149.40 on Friday. Health Care Select Sector SPDR Fund has a 12 month low of $127.96 and a 12 month high of $160.59. The stock has a market capitalization of $39.16 billion, a price-to-earnings ratio of 21.15 and a beta of 0.58. The business has a fifty day moving average price of $148.10 and a 200 day moving average price of $151.86.

About Health Care Select Sector SPDR Fund

Health Care Select Sector SPDR Fund (the Fund) seeks to closely match the returns and characteristics of the S&P Health Care Select Sector Index (the Index). The companies included in the Index are selected on the basis of general industry classification from a universe of companies defined by the Standard & Poor’s 500 Composite Stock Index (S&P 500). The Health Care Select Sector Index includes companies from the industries, such as pharmaceuticals, healthcare providers and services, healthcare equipment and supplies, biotechnology, life sciences tools and services, and healthcare technology.