Consumer Staples Select Sect. SPDR (NYSEARCA:XLP) announced a quarterly dividend on Friday, March 16th, Wall Street Journal reports. Shareholders of record on Monday, March 19th will be given a dividend of 0.2986 per share by the exchange traded fund on Wednesday, March 21st. This represents a $1.19 dividend on an annualized basis and a yield of 2.28%. The ex-dividend date is Friday, March 16th.
Shares of XLP stock opened at $52.42 on Friday. Consumer Staples Select Sect. SPDR has a fifty-two week low of $50.81 and a fifty-two week high of $58.95.
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About Consumer Staples Select Sect. SPDR
Consumer Staples Select Sector SPDR Fund (the Fund) seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in The Consumer Staples Select Sector Index (the Index).The Fund typically invests in substantially all of the securities represented in the Index in approximately the same proportions as the Index.
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