SPDR S&P Retail (XRT) Declares Dividend Increase – $0.20 Per Share
SPDR S&P Retail (NYSEARCA:XRT) announced a quarterly dividend on Monday, December 18th, Wall Street Journal reports. Shareholders of record on Monday, December 18th will be given a dividend of 0.1962 per share by the exchange traded fund on Tuesday, December 26th. This represents a $0.78 dividend on an annualized basis and a yield of 1.73%. The ex-dividend date is Friday, December 15th. This is a positive change from SPDR S&P Retail’s previous quarterly dividend of $0.18.
SPDR S&P Retail (XRT) traded up $1.18 during mid-day trading on Monday, reaching $45.46. The company’s stock had a trading volume of 7,173,663 shares, compared to its average volume of 5,301,577. SPDR S&P Retail has a 12 month low of $37.72 and a 12 month high of $46.85.
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About SPDR S&P Retail
SPDR S&P Retail ETF (the Fund) seeks to replicate as closely as possible the performance of the S&P Retail Select Industry Index (the Index). The Index is an equal weighted market cap index. The Index represents the retail sub-industry portion of the S&P Total Market Index. The Fund invests in industries, such as apparel retail, automotive retail, food retail, department stores, Internet retail, general merchandise stores, drug retail, and hypermarkets and super centers.
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