SPDR S&P Dividend ETF (NYSEARCA:SDY) announced a quarterly dividend on Friday, December 20th, Wall Street Journal reports. Shareholders of record on Monday, December 23rd will be given a dividend of 0.792 per share on Thursday, December 26th. This represents a $3.17 dividend on an annualized basis and a dividend yield of 2.97%. The ex-dividend date is Friday, December 20th. This is a positive change from SPDR S&P Dividend ETF’s previous quarterly dividend of $0.53.
Shares of SPDR S&P Dividend ETF stock opened at $106.80 on Friday. SPDR S&P Dividend ETF has a one year low of $88.44 and a one year high of $108.00. The stock’s 50-day moving average is $106.74 and its 200 day moving average is $102.85.
About SPDR S&P Dividend ETF
The SPDR S&P Dividend ETF seeks to closely match the returns and characteristics of the S&P High Yield Dividend Aristocrats Index (the Index). The Index is designed to measure the performance of the 60 highest dividend yielding S&P Composite 1500 Index constituents that have followed a managed-dividends policy of consistently increasing dividends every year for at least 25 consecutive years.
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