Consumer Staples Select Sect. SPDR to Issue Quarterly Dividend of $0.35 (XLP)
Consumer Staples Select Sect. SPDR (NYSE:XLP) declared a quarterly dividend on Friday, September 15th, Wall Street Journal reports. Investors of record on Monday, September 18th will be paid a dividend of 0.346 per share by the exchange traded fund on Monday, September 25th. This represents a $1.38 dividend on an annualized basis and a yield of 2.51%. The ex-dividend date is Friday, September 15th.
Consumer Staples Select Sect. SPDR has decreased its dividend by an average of 2.8% annually over the last three years.
Shares of Consumer Staples Select Sect. SPDR (NYSE:XLP) traded up 0.17% on Friday, reaching $55.22. 12,488,932 shares of the company were exchanged. Consumer Staples Select Sect. SPDR has a 1-year low of $49.98 and a 1-year high of $57.36. The company has a 50-day moving average price of $55.21 and a 200 day moving average price of $55.28.
About Consumer Staples Select Sect. SPDR
Consumer Staples Select Sector SPDR Fund (the Fund) seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in The Consumer Staples Select Sector Index (the Index).The Fund typically invests in substantially all of the securities represented in the Index in approximately the same proportions as the Index.
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