SPDR S&P Metals and Mining (XME) Announces Dividend Increase – $0.06 Per Share
SPDR S&P Metals and Mining (NYSEARCA:XME) announced a quarterly dividend on Friday, September 15th, Wall Street Journal reports. Investors of record on Monday, September 18th will be paid a dividend of 0.0601 per share by the exchange traded fund on Monday, September 25th. This represents a $0.24 dividend on an annualized basis and a yield of 0.75%. The ex-dividend date is Friday, September 15th. This is an increase from SPDR S&P Metals and Mining’s previous quarterly dividend of $0.05.
Shares of SPDR S&P Metals and Mining (NYSEARCA:XME) traded up 0.16% during trading on Friday, reaching $31.90. The company’s stock had a trading volume of 1,399,454 shares. The company has a 50 day moving average of $31.29 and a 200 day moving average of $30.33. SPDR S&P Metals and Mining has a 12-month low of $24.00 and a 12-month high of $35.21.
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SPDR S&P Metals and Mining Company Profile
SPDR S&P Metals & Mining ETF (the Fund) seeks to replicate as closely as possible the performance of the S&P Metals & Mining Select Industry Index (the Index). The Index is an equal weighted market cap index. The Index represents the metals and mining sub-industry portion of the S&P Total Market Index.
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