Utilities Select Sector SPDR Fund (XLU) To Go Ex-Dividend on June 22nd

Utilities Select Sector SPDR Fund (NYSEARCA:XLU) announced a quarterly dividend on Friday, January 2nd. Stockholders of record on Monday, June 22nd will be given a dividend of 0.2844 per share by the exchange traded fund on Wednesday, June 24th. This represents a c) annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Monday, June 22nd.

Utilities Select Sector SPDR Fund Stock Performance

Shares of XLU stock remained flat at $44.76 during trading on Friday. The stock had a trading volume of 36,823,553 shares, compared to its average volume of 24,794,709. The company has a market cap of $23.00 billion, a P/E ratio of 20.74 and a beta of 0.58. The business’s 50 day moving average is $45.10 and its two-hundred day moving average is $44.70. Utilities Select Sector SPDR Fund has a 52 week low of $40.17 and a 52 week high of $47.80.

About Utilities Select Sector SPDR Fund

Select Sector Utilities Select Sector SPDR Fund (the Fund), formerly Utilities Select Sector SPDR Fund, seeks to provide investment results that correspond to the price and yield performance of the Utilities Select Sector of the S&P 500 Index (the Index). The Index includes companies from industries, such as electric utilities, multi-utilities, independent power producers and energy traders, and gas utilities. The Fund utilizes a passive or indexing investment approach to attempt to approximate the investment performance of the Index.