Energy Select Sector SPDR Fund (XLE) to Issue Quarterly Dividend of $0.38 on June 24th

Energy Select Sector SPDR Fund (NYSEARCA:XLE) announced a quarterly dividend on Friday, January 2nd. Shareholders of record on Monday, June 22nd will be given a dividend of 0.3849 per share by the exchange traded fund on Wednesday, June 24th. This represents a c) annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend is Monday, June 22nd.

Energy Select Sector SPDR Fund Price Performance

Shares of NYSEARCA:XLE remained flat at $53.77 on Friday. The company’s stock had a trading volume of 39,381,330 shares, compared to its average volume of 51,047,332. The firm’s 50-day moving average price is $57.34 and its 200-day moving average price is $53.68. Energy Select Sector SPDR Fund has a 1 year low of $42.05 and a 1 year high of $63.46. The stock has a market cap of $37.23 billion, a P/E ratio of 15.59 and a beta of 0.41.

Energy Select Sector SPDR Fund Company Profile

The Energy Select Sector SPDR ETF is a State Street exchange-traded fund that seeks to track the price and yield performance of the Energy Select Sector Index, before expenses. The index is designed to provide broad representation of the energy sector within the S&P 500, covering companies in the oil, gas and consumable fuels, and energy equipment and services industries. Component companies are selected from the S&P 500 universe based on general industry classification, and the Energy Select Sector Index is one of eleven Select Sector Indexes that together comprise all S&P 500 constituents.