Traders bought shares of Utilities SPDR (NYSEARCA:XLU) on weakness during trading on Thursday. $125.54 million flowed into the stock on the tick-up and $81.54 million flowed out of the stock on the tick-down, for a money net flow of $44.00 million into the stock. Of all stocks tracked, Utilities SPDR had the 13th highest net in-flow for the day. Utilities SPDR traded down ($0.43) for the day and closed at $51.35
The firm has a market cap of $7,320.00 and a PE ratio of 16.24.
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 26th. Stockholders of record on Monday, December 18th were given a dividend of $0.5112 per share. The ex-dividend date was Friday, December 15th. This is an increase from Utilities SPDR’s previous quarterly dividend of $0.42. This represents a $2.04 annualized dividend and a dividend yield of 3.98%. Utilities SPDR’s payout ratio is currently 55.38%.
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About Utilities SPDR
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.
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