SPDR S&P MidCap 400 ETF (NYSEARCA:MDY) announced a quarterly dividend on Friday, March 16th, Wall Street Journal reports. Shareholders of record on Monday, March 19th will be paid a dividend of 0.8614 per share by the exchange traded fund on Monday, April 30th. This represents a $3.45 dividend on an annualized basis and a dividend yield of 1.02%. The ex-dividend date is Friday, March 16th.
MDY stock opened at $337.03 on Friday. SPDR S&P MidCap 400 ETF has a 1 year low of $305.45 and a 1 year high of $363.70.
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SPDR S&P MidCap 400 ETF Company Profile
SPDR S&P MidCap 400 ETF is an exchange traded fund. SPDR MidCap 400 Trust focuses to correspond to the price and yield performance of the S&P MidCap 400 Index. The S&P MidCap 400 covers over 7% of the United States equities market, and is part of a series of S&P the United States indices. The index also includes companies, which should have four consecutive quarters of positive as-reported earnings, excluding discontinued operations and extraordinary items.
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