Utilities Select Sector SPDR Fund to Issue Quarterly Dividend of $0.28 (NYSEARCA:XLU)

Utilities Select Sector SPDR Fund (NYSEARCA:XLU) declared a quarterly dividend on Friday, January 2nd. Investors of record on Monday, June 22nd will be paid a dividend of 0.2844 per share by the exchange traded fund on Wednesday, June 24th. This represents a c) annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend is Monday, June 22nd.

Utilities Select Sector SPDR Fund Price Performance

Utilities Select Sector SPDR Fund stock opened at $44.76 on Friday. Utilities Select Sector SPDR Fund has a fifty-two week low of $40.17 and a fifty-two week high of $47.80. The firm has a fifty day moving average price of $45.10 and a two-hundred day moving average price of $44.70. The firm has a market cap of $23.00 billion, a price-to-earnings ratio of 20.74 and a beta of 0.58.

Utilities Select Sector SPDR Fund Company Profile

Select Sector Utilities Select Sector SPDR Fund (the Fund), formerly Utilities Select Sector SPDR Fund, seeks to provide investment results that correspond to the price and yield performance of the Utilities Select Sector of the S&P 500 Index (the Index). The Index includes companies from industries, such as electric utilities, multi-utilities, independent power producers and energy traders, and gas utilities. The Fund utilizes a passive or indexing investment approach to attempt to approximate the investment performance of the Index.