Consumer Discretionary SPDR (XLY) Raises Dividend to $0.32 Per Share
Consumer Discretionary SPDR (NYSE:XLY) declared a quarterly dividend on Friday, September 15th, Wall Street Journal reports. Shareholders of record on Monday, September 18th will be paid a dividend of 0.318 per share by the exchange traded fund on Monday, September 25th. This represents a $1.27 dividend on an annualized basis and a yield of 1.42%. The ex-dividend date is Friday, September 15th. This is an increase from Consumer Discretionary SPDR’s previous quarterly dividend of $0.27.
Consumer Discretionary SPDR has raised its dividend by an average of 8.7% annually over the last three years.
Consumer Discretionary SPDR (NYSE:XLY) opened at 89.63 on Friday. The firm has a 50-day moving average of $89.88 and a 200-day moving average of $89.30. Consumer Discretionary SPDR has a one year low of $76.61 and a one year high of $92.55.
An institutional investor recently bought a new position in Consumer Discretionary SPDR stock. State Street Corp acquired a new stake in Consumer Discretionary SPDR (NYSE:XLY) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 2,318 shares of the exchange traded fund’s stock, valued at approximately $208,000.
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Consumer Discretionary SPDR Company Profile
Consumer Discretionary Select Sector SPDR Fund seeks to provide investment results that correspond generally to the price and yield performance of the Consumer Discretionary Select Sector Index (the Index). The Index includes companies from the following industries, media; retail (specialty, multiline, Internet and catalog); hotels, restaurants and leisure; textiles, apparel and luxury goods; household durables; automobiles; auto components; distributors; leisure equipment and products; and diversified consumer services.
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