Financial Select Sector SPDR Fund (NYSE:XLF) 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 0.1032 per share by the exchange traded fund on Monday, September 25th. This represents a $0.41 dividend on an annualized basis and a dividend yield of 1.67%. The ex-dividend date is Friday, September 15th. This is an increase from Financial Select Sector SPDR Fund’s previous quarterly dividend of $0.09.

Financial Select Sector SPDR Fund has increased its dividend by an average of 3.1% annually over the last three years.

Shares of Financial Select Sector SPDR Fund (NYSE:XLF) opened at 24.77 on Friday. The company has a 50 day moving average of $24.81 and a 200-day moving average of $24.26. Financial Select Sector SPDR Fund has a 52-week low of $18.94 and a 52-week high of $25.59.

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About Financial Select Sector SPDR Fund

The Fund seeks to provide investors with a low-cost passive approach for investing in a portfolio of equity securities of firms as represented by the Financial Select Sector Index.

Dividend History for Financial Select Sector SPDR Fund (NYSE:XLF)

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