Technology Select Sector SPDR Fund (XLK) Announces Quarterly Dividend of $0.21
Technology Select Sector SPDR Fund (NYSEARCA:XLK) announced a quarterly dividend on Friday, September 15th, Wall Street Journal reports. Investors of record on Monday, September 18th will be paid a dividend of 0.2092 per share by the exchange traded fund on Monday, September 25th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.42%. The ex-dividend date of this dividend is Friday, September 15th.
Shares of Technology Select Sector SPDR Fund (NYSEARCA XLK) traded up 0.41% during mid-day trading on Friday, hitting $58.74. 13,113,817 shares of the company were exchanged. The firm has a 50 day moving average of $57.91 and a 200 day moving average of $55.55. Technology Select Sector SPDR Fund has a 12-month low of $45.80 and a 12-month high of $59.10.
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Technology Select Sector SPDR Fund Company Profile
Sector SPDR Trust SBI Interest, formerly Technology Select Sector SPDR Fund, seeks to provide investment results that correspond to the price and yield performance of the Technology Select Sector of the S&P 500 Index (the Index). The Index includes companies primarily involved in industries, such as information technology (IT) consulting, semiconductor equipment and products, computers and peripherals, diversified telecommunication services and wireless telecommunication services.It utilizes a passive or indexing investment approach to invest in a portfolio of stocks that seek to replicate the Index.
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