Consumer Staples Select Sect. SPDR (NYSEARCA:XLP) announced a quarterly dividend on Friday, December 15th, Wall Street Journal reports. Stockholders of record on Monday, December 18th will be given a dividend of 0.4177 per share by the exchange traded fund on Tuesday, December 26th. This represents a $1.67 dividend on an annualized basis and a dividend yield of 2.94%. The ex-dividend date of this dividend is Friday, December 15th. This is an increase from Consumer Staples Select Sect. SPDR’s previous quarterly dividend of $0.35.
Consumer Staples Select Sect. SPDR (XLP) opened at $56.88 on Friday. Consumer Staples Select Sect. SPDR has a one year low of $51.35 and a one year high of $57.36.
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About Consumer Staples Select Sect. SPDR
Consumer Staples Select Sector SPDR Fund (the Fund) seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in The Consumer Staples Select Sector Index (the Index).The Fund typically invests in substantially all of the securities represented in the Index in approximately the same proportions as the Index.
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