Real Estate Select Sector SPDR Fund (XLRE) To Go Ex-Dividend on June 22nd

Real Estate Select Sector SPDR Fund (NYSEARCA:XLRE) announced a quarterly dividend on Wednesday, December 31st. Investors of record on Monday, June 22nd will be given a dividend of 0.3811 per share on Wednesday, June 24th. This represents a c) dividend on an annualized basis and a yield of 3.5%. The ex-dividend date is Monday, June 22nd. This is a 40.6% increase from Real Estate Select Sector SPDR Fund’s previous quarterly dividend of $0.27.

Real Estate Select Sector SPDR Fund Price Performance

Shares of Real Estate Select Sector SPDR Fund stock remained flat at $43.86 during trading on Friday. The stock had a trading volume of 5,730,622 shares, compared to its average volume of 7,743,274. The company has a market capitalization of $7.85 billion, a price-to-earnings ratio of 39.18 and a beta of 0.98. The stock has a fifty day moving average price of $44.12 and a two-hundred day moving average price of $42.47. Real Estate Select Sector SPDR Fund has a 52 week low of $39.72 and a 52 week high of $45.65.

About Real Estate Select Sector SPDR Fund

The Real Estate Select Sector SPDR Fund (XLRE) is an exchange-traded fund that is based on the S&P Real Estate Select Sector index, a market-cap-weighted index of REITs and real estate stocks, excluding mortgage REITs, from the S&P 500. XLRE was launched on Oct 7, 2015 and is managed by State Street.