Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) Raises Dividend to $0.23 Per Share

Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) announced a quarterly dividend on Wednesday, December 31st. Shareholders of record on Monday, June 22nd will be given a dividend of 0.2332 per share by the exchange traded fund on Wednesday, June 24th. This represents a c) dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Monday, June 22nd. This is a 8.2% increase from Consumer Discretionary Select Sector SPDR Fund’s previous quarterly dividend of $0.22.

Consumer Discretionary Select Sector SPDR Fund Price Performance

XLY stock opened at $117.16 on Friday. The firm has a 50 day moving average of $117.71 and a two-hundred day moving average of $117.47. Consumer Discretionary Select Sector SPDR Fund has a 12 month low of $104.81 and a 12 month high of $125.01. The company has a market capitalization of $22.64 billion, a price-to-earnings ratio of 27.10 and a beta of 1.21.

Consumer Discretionary Select Sector SPDR Fund Company Profile

Consumer Discretionary Select Sector SPDR Fund seeks to provide investment results that correspond generally to the price and yield performance of the Consumer Discretionary Select Sector Index (the Index). The Index includes companies from the following industries, media; retail (specialty, multiline, Internet and catalog); hotels, restaurants and leisure; textiles, apparel and luxury goods; household durables; automobiles; auto components; distributors; leisure equipment and products; and diversified consumer services.