Spdr Series Trust (NYSEARCA:IPE) Declares Dividend Increase – $0.41 Per Share

Spdr Series Trust (NYSEARCA:IPE) announced a monthly dividend on Tuesday, December 19th, Wall Street Journal reports. Investors of record on Wednesday, December 20th will be given a dividend of 0.4133 per share on Thursday, December 28th. This represents a $4.96 annualized dividend and a yield of 8.87%. The ex-dividend date of this dividend is Tuesday, December 19th. This is a positive change from Spdr Series Trust’s previous monthly dividend of $0.29.

Spdr Series Trust (IPE) opened at $55.89 on Friday. Spdr Series Trust has a 12 month low of $55.58 and a 12 month high of $57.50.

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About Spdr Series Trust

SPDR Series Trust, formerly SPDR Barclays Tips ETF, seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance the Barclays United States Government Inflation-linked Bond Index (the Index). The Barclays United States Government Inflation-linked Bond Index includes publicly issued, United States Treasury inflation protected securities that have at least 1 year remaining to maturity on index rebalancing date, with an issue size equal to or in excess of $500 million.

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