Financial Select Sector SPDR Fund (XLF) Raises Dividend to $0.13 Per Share
Financial Select Sector SPDR Fund (NYSEARCA:XLF) announced a quarterly dividend on Friday, December 15th, Wall Street Journal reports. Investors of record on Monday, December 18th will be paid a dividend of 0.1283 per share by the exchange traded fund on Tuesday, December 26th. This represents a $0.51 dividend on an annualized basis and a yield of 1.85%. The ex-dividend date of this dividend is Friday, December 15th. This is a boost from Financial Select Sector SPDR Fund’s previous quarterly dividend of $0.10.
Shares of Financial Select Sector SPDR Fund (NYSEARCA XLF) traded up $0.12 during trading on Friday, reaching $27.81. The company had a trading volume of 111,822,625 shares, compared to its average volume of 64,226,621. Financial Select Sector SPDR Fund has a twelve month low of $22.85 and a twelve month high of $28.33.
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Financial Select Sector SPDR Fund Company Profile
The Fund seeks to provide investors with a low-cost passive approach for investing in a portfolio of equity securities of firms as represented by the Financial Select Sector Index.
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