Utilities SPDR (NYSEARCA:XLU) 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 0.3867 per share by the exchange traded fund on Wednesday, March 21st. This represents a $1.55 dividend on an annualized basis and a dividend yield of 3.07%. The ex-dividend date is Friday, March 16th.
XLU stock opened at $50.42 on Friday. Utilities SPDR has a 1 year low of $47.37 and a 1 year high of $57.23.
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Utilities SPDR Company Profile
Select Sector Utilities Select Sector SPDR Fund (the Fund), formerly Utilities Select Sector SPDR Fund, seeks to provide investment results that correspond to the price and yield performance of the Utilities Select Sector of the S&P 500 Index (the Index). The Index includes companies from industries, such as electric utilities, multi-utilities, independent power producers and energy traders, and gas utilities.
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