Materials Select Sector SPDR (NYSEARCA:XLB) announced a quarterly dividend on Friday, September 15th, Wall Street Journal reports. Stockholders of record on Monday, September 18th will be paid a dividend of 0.3019 per share by the exchange traded fund on Monday, September 25th. This represents a $1.21 annualized dividend and a dividend yield of 2.15%. The ex-dividend date is Friday, September 15th. This is a boost from Materials Select Sector SPDR’s previous quarterly dividend of $0.25.

Shares of Materials Select Sector SPDR (NYSEARCA XLB) remained flat at $56.07 during midday trading on Friday. 4,672,698 shares of the company’s stock traded hands. Materials Select Sector SPDR has a 12 month low of $45.56 and a 12 month high of $56.46. The company’s 50-day moving average is $54.65 and its 200 day moving average is $53.56.

ILLEGAL ACTIVITY WARNING: “Materials Select Sector SPDR (XLB) Raises Dividend to $0.30 Per Share” was first published by American Banking News and is the sole property of of American Banking News. If you are reading this piece on another website, it was illegally stolen and reposted in violation of US & international copyright & trademark laws. The correct version of this piece can be read at

Materials Select Sector SPDR Company Profile

Materials Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of the Materials Select Sector Index (the Index). The Index includes companies involved in such industries as chemicals; metals and mining; paper and forest products; containers and packaging, and construction materials.

Dividend History for Materials Select Sector SPDR (NYSEARCA:XLB)

Receive News & Ratings for Materials Select Sector SPDR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Materials Select Sector SPDR and related companies with's FREE daily email newsletter.