Technology Select Sector SPDR Fund (NYSEARCA:XLK) declared a quarterly dividend on Friday, March 16th, Wall Street Journal reports. Stockholders of record on Monday, March 19th will be paid a dividend of 0.2178 per share by the exchange traded fund on Wednesday, March 21st. This represents a $0.87 annualized dividend and a dividend yield of 1.36%. The ex-dividend date is Friday, March 16th.
Shares of Technology Select Sector SPDR Fund stock traded down $1.61 on Friday, hitting $64.05. The stock had a trading volume of 20,238,896 shares, compared to its average volume of 16,420,748. Technology Select Sector SPDR Fund has a one year low of $52.33 and a one year high of $71.34.
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Technology Select Sector SPDR Fund Company Profile
Sector SPDR Trust SBI Interest, formerly Technology Select Sector SPDR Fund, seeks to provide investment results that correspond to the price and yield performance of the Technology Select Sector of the S&P 500 Index (the Index). The Index includes companies primarily involved in industries, such as information technology (IT) consulting, semiconductor equipment and products, computers and peripherals, diversified telecommunication services and wireless telecommunication services.It utilizes a passive or indexing investment approach to invest in a portfolio of stocks that seek to replicate the Index.
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