SPDR S&P Homebuilders (XHB) Announces $0.07 Quarterly Dividend
SPDR S&P Homebuilders (NYSE:XHB) announced a quarterly dividend on Friday, September 15th, Wall Street Journal reports. Investors of record on Monday, September 18th will be given a dividend of 0.07 per share by the exchange traded fund on Monday, September 25th. This represents a $0.28 dividend on an annualized basis and a yield of 0.72%. The ex-dividend date is Friday, September 15th.
SPDR S&P Homebuilders has raised its dividend payment by an average of 9.0% annually over the last three years.
SPDR S&P Homebuilders (NYSE XHB) traded down 0.13% during mid-day trading on Friday, reaching $38.77. 3,349,889 shares of the company were exchanged. The company’s 50 day moving average price is $38.28 and its 200-day moving average price is $37.85. SPDR S&P Homebuilders has a 12 month low of $30.92 and a 12 month high of $39.50.
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SPDR S&P Homebuilders Company Profile
SPDR S&P Homebuilders ETF (the Fund) seeks to closely match the returns and characteristics of the S&P Homebuilders Select Industry Index. The S&P Homebuilders Select Industry Index represents the homebuilding sub-industry portion of the S&P Total Markets Index. The S&P TMI tracks all the United States common stocks listed on the New York Stock Exchange, American Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) National Market and NASDAQ Small Cap exchanges.
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