Communication Services Select Sector SPDR Fund Plans Quarterly Dividend of $0.28 (NYSEARCA:XLC)

Communication Services Select Sector SPDR Fund (NYSEARCA:XLC) announced a quarterly dividend on Wednesday, December 31st. Shareholders of record on Monday, June 22nd will be paid a dividend of 0.2837 per share on Wednesday, June 24th. This represents a c) dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Monday, June 22nd.

Communication Services Select Sector SPDR Fund Price Performance

NYSEARCA XLC opened at $109.45 on Friday. The firm has a market capitalization of $24.05 billion, a price-to-earnings ratio of 19.19 and a beta of 0.97. The company’s fifty day moving average is $115.00 and its two-hundred day moving average is $115.50. Communication Services Select Sector SPDR Fund has a 52-week low of $101.99 and a 52-week high of $120.40.

Communication Services Select Sector SPDR Fund Company Profile

The Communication Services Select Sector SPDR Fund (XLC) is an exchange-traded fund that mostly invests in communication services equity. The fund tracks a market-cap-weighted index of US telecommunication and media & entertainment components of the S&P 500 index. XLC was launched on Jun 18, 2018 and is managed by State Street.