Utilities Select Sector SPDR Fund (NYSEARCA:XLU) Announces $0.28 Quarterly Dividend

by · The Cerbat Gem

Utilities Select Sector SPDR Fund (NYSEARCA:XLU – Get Free Report) declared a quarterly dividend on Friday, January 2nd. Shareholders of record on Monday, June 22nd will be given a dividend of 0.2844 per share by the exchange traded fund on Wednesday, June 24th. This represents a c) annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend is Monday, June 22nd.

Utilities Select Sector SPDR Fund Stock Performance

Shares of XLU opened at $44.76 on Friday. The stock has a 50 day simple moving average of $45.10 and a 200 day simple moving average of $44.70. Utilities Select Sector SPDR Fund has a 52-week low of $40.17 and a 52-week high of $47.80. The firm has a market capitalization of $23.00 billion, a PE ratio of 20.74 and a beta of 0.58.

About Utilities Select Sector SPDR Fund

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Select Sector Utilities Select Sector SPDR Fund (the Fund), formerly Utilities Select Sector SPDR Fund, seeks to provide investment results that correspond to the price and yield performance of the Utilities Select Sector of the S&P 500 Index (the Index). The Index includes companies from industries, such as electric utilities, multi-utilities, independent power producers and energy traders, and gas utilities. The Fund utilizes a passive or indexing investment approach to attempt to approximate the investment performance of the Index.

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