The Industrial Select Sector SPDR Fund (XLI) Announces $0.32 Quarterly Dividend
The Industrial Select Sector SPDR Fund (NYSE:XLI) announced a quarterly dividend on Friday, September 15th, Wall Street Journal reports. Shareholders of record on Monday, September 18th will be given a dividend of 0.3159 per share by the exchange traded fund on Monday, September 25th. This represents a $1.26 dividend on an annualized basis and a yield of 1.82%. The ex-dividend date of this dividend is Friday, September 15th.
The Industrial Select Sector SPDR Fund has raised its dividend payment by an average of 3.6% per year over the last three years.
The Industrial Select Sector SPDR Fund (NYSE XLI) traded up 0.41% during mid-day trading on Friday, reaching $69.39. 9,269,172 shares of the company’s stock were exchanged. The Industrial Select Sector SPDR Fund has a 1-year low of $56.27 and a 1-year high of $69.58. The firm’s 50-day moving average is $68.22 and its 200 day moving average is $67.15.
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About The Industrial Select Sector SPDR Fund
Industrial Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of publicly traded equity securities of companies in The Industrial Select Sector Index (the Index). The Index includes companies from the following industries, aerospace and defense; industrial conglomerates; machinery; road and rail; air freight & logistics; commercial services & supplies; professional services; electrical equipment; construction and engineering; trading companies and distributors; airlines, and building products.
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