SPDR S&P Retail Announces Quarterly Dividend of $0.18 (XRT)
SPDR S&P Retail (NYSE:XRT) announced a quarterly dividend on Friday, September 15th, Wall Street Journal reports. Investors of record on Monday, September 18th will be given a dividend of 0.1822 per share by the exchange traded fund on Monday, September 25th. This represents a $0.73 annualized dividend and a dividend yield of 1.77%. The ex-dividend date of this dividend is Friday, September 15th.
SPDR S&P Retail has raised its dividend by an average of 2.8% per year over the last three years.
Shares of SPDR S&P Retail (XRT) opened at 41.20 on Friday. The company has a 50 day moving average price of $39.90 and a 200 day moving average price of $41.04. SPDR S&P Retail has a 1-year low of $37.72 and a 1-year high of $48.26.
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SPDR S&P Retail Company Profile
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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