SPDR S&P Capital Markets ETF (KCE) Plans Dividend Increase – $0.30 Per Share

SPDR S&P Capital Markets ETF (NYSEARCA:KCE) declared a quarterly dividend on Friday, March 16th, Wall Street Journal reports. Stockholders of record on Monday, March 19th will be given a dividend of 0.3027 per share on Wednesday, March 21st. This represents a $1.21 dividend on an annualized basis and a dividend yield of 2.11%. The ex-dividend date of this dividend is Friday, March 16th. This is a positive change from SPDR S&P Capital Markets ETF’s previous quarterly dividend of $0.30.

Shares of SPDR S&P Capital Markets ETF stock traded down $1.41 during trading on Friday, reaching $57.28. 3,389 shares of the company’s stock were exchanged, compared to its average volume of 18,771. SPDR S&P Capital Markets ETF has a 1-year low of $45.17 and a 1-year high of $62.51.

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SPDR S&P Capital Markets ETF Company Profile

The SPDR S&P Capital Markets ETF (the Fund), formerly SPDR KBW Capital Markets ETF, seeks to closely match the returns and characteristics of the S&P Capital Markets Select Industry Index. The S&P Capital Markets Select Industry Index is a float-adjusted, modified-market, capitalization-weighted index that seeks to reflect the performance of the United States publicly traded companies that do business as broker dealers, asset managers, trust and custody banks or exchanges.

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