SPDR S&P Insurance ETF (NYSEARCA:KIE) 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 0.1389 per share by the exchange traded fund on Wednesday, March 21st. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.82%. The ex-dividend date of this dividend is Friday, March 16th.
Shares of SPDR S&P Insurance ETF stock traded down $0.49 during trading on Friday, reaching $30.58. 256,458 shares of the company’s stock were exchanged, compared to its average volume of 484,402. SPDR S&P Insurance ETF has a 1-year low of $27.81 and a 1-year high of $32.34.
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SPDR S&P Insurance ETF Company Profile
The SPDR S&P Insurance ETF (the Fund), formerly SPDR KBW Insurance ETF, seeks to closely match the returns and characteristics of the S&P Banks Select Industry Index. The Fund invests all, but at least 80%, of its total assets in the securities comprising the Index. The Fund invests in all of the securities represented in the Index in approximately the same proportions as the Index.
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