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

by · The Markets Daily

Utilities Select Sector SPDR Fund (NYSEARCA:XLU – Get Free Report) declared a quarterly dividend on Friday, January 2nd. Shareholders 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) dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Monday, June 22nd.

Utilities Select Sector SPDR Fund Price Performance

Shares of XLU remained flat at $44.76 on Friday. The stock had a trading volume of 36,823,553 shares, compared to its average volume of 24,794,709. The firm has a market capitalization of $23.00 billion, a P/E ratio of 20.74 and a beta of 0.58. Utilities Select Sector SPDR Fund has a fifty-two week low of $40.17 and a fifty-two week high of $47.80. The business has a fifty day moving average price of $45.10 and a 200 day moving average price of $44.70.

Utilities Select Sector SPDR Fund Company Profile

(Get Free Report)

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.

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