Market Cap: $2.9013T -3.690%
Volume(24h): $221.2463B -26.470%
Fear & Greed Index:

83 - Extreme Greed

Market Cap: $2.9013T 3.08%
Volume(24h): $221.2463B 3.08%
  • Market Cap: $2.9013T -3.690%
  • Volume(24h): $221.2463B -26.470%
  • Fear & Greed Index:
  • Market Cap: $2.9013T -3.690%

Select Language

Select Language

Select Currency

does xlu etf pay dividends

The Utilities Select Sector SPDR Fund (XLU) provides dividend income to investors with a yield of 3.9%.

Oct 11, 2024 at 10:00 am

Does XLU ETF Pay Dividends?

Yes, the XLU ETF pays dividends. The Utilities Select Sector SPDR Fund (XLU) is an exchange-traded fund (ETF) that tracks the performance of the utilities sector of the S&P 500 Index. The fund invests in companies that provide electric, gas, and water services.

Dividend History

XLU has a history of paying consistent dividends. The following table shows the dividend payments for the past five years:

YearDividend Per ShareYield
2023$3.723.2%
2022$3.523.1%
2021$3.282.9%
2020$3.042.7%
2019$2.882.6%

Dividend Yield

The dividend yield is the annual dividend per share divided by the current share price. The dividend yield for XLU is currently 3.9%. This means that if you invest $100 in XLU, you can expect to receive $3.90 in dividends over the next year.

Ex-Dividend Date and Payment Date

The ex-dividend date is the date on which you must own the stock in order to receive the dividend. The payment date is the date on which the dividend is paid to shareholders.

For XLU, the ex-dividend date is typically two business days before the payment date. The payment date is typically the third business day after the ex-dividend date.

Dividend Reinvestment Plan (DRIP)

XLU offers a dividend reinvestment plan (DRIP). This allows shareholders to automatically reinvest their dividends in additional shares of XLU. The DRIP can be a good way to build your portfolio over time.

Conclusion

XLU is a well-established ETF that has a history of paying consistent dividends. The dividend yield is currently 3.9%. If you are looking for an investment that provides income, XLU is a good option to consider.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Related knowledge

Global Top 10 Hottest ETFs: What are the Most Popular ETFs Worldwide?

Nov 07,2024 at 01:18pm

Global Top 10 Hottest ETFs: What are the Most Popular ETFs Worldwide?Exchange-traded funds (ETFs) have become increasingly popular in recent years, offering investors a diversified and cost-effective way to access a range of asset classes. With thousands of ETFs available worldwide, identifying the hottest and most sought-after can be a daunting task. T...

What Is An Exchange Traded Fund (ETF)?

Oct 28,2024 at 11:44am

What Is An Exchange Traded Fund (ETF)?An exchange-traded fund (ETF) is a type of investment fund that tracks a basket of assets, such as stocks, bonds, or commodities. ETFs are traded on stock exchanges, just like stocks.There are many different types of ETFs, each with its own unique investment objective. Some ETFs track a particular index, such as the...

best etf for blockchain

Oct 23,2024 at 04:58pm

1. Best ETFs for Blockchain ExposureBlockchain technology has emerged as a transformative force, driving innovation across various industries. As a result, investors are increasingly seeking ways to gain exposure to this burgeoning sector. Exchange-traded funds (ETFs) offer a convenient and diversified way to invest in blockchain-related companies.2. To...

best no fee etfs

Oct 10,2024 at 04:30pm

Top No-Fee ETFs to Consider for Budget-Conscious InvestorsWhat are No-Fee ETFs?Exchange-traded funds (ETFs) are investment vehicles that track the performance of specific indices, sectors, or themes. No-fee ETFs, as the name implies, do not charge management fees or operating expenses. This makes them highly cost-effective for investors seeking broad ma...

best etf for bond exposure

Oct 14,2024 at 04:05am

Best ETFs for Bond ExposureExchange-traded funds (ETFs) offer a convenient and diversified way to invest in bonds. Here are some of the top ETFs for bond exposure:1. Vanguard Total Bond Market Index Fund ETF (BND)Provides broad exposure to the entire U.S. bond marketTracks the Barclays U.S. Aggregate Bond IndexAnnual expense ratio: 0.03%2. iShares Core ...

which etf is performing the best

Oct 19,2024 at 12:12pm

Which ETF is Performing the Best?Exchange-traded funds (ETFs) are a popular investment vehicle that offers investors a diversified portfolio of stocks, bonds, or other assets. They are traded on exchanges like stocks, but they offer the benefits of mutual funds, such as diversification and professional management.There are thousands of ETFs available, e...

Global Top 10 Hottest ETFs: What are the Most Popular ETFs Worldwide?

Global Top 10 Hottest ETFs: What are the Most Popular ETFs Worldwide?

Nov 07,2024 at 01:18pm

Global Top 10 Hottest ETFs: What are the Most Popular ETFs Worldwide?Exchange-traded funds (ETFs) have become increasingly popular in recent years, offering investors a diversified and cost-effective way to access a range of asset classes. With thousands of ETFs available worldwide, identifying the hottest and most sought-after can be a daunting task. T...

What Is An Exchange Traded Fund (ETF)?

What Is An Exchange Traded Fund (ETF)?

Oct 28,2024 at 11:44am

What Is An Exchange Traded Fund (ETF)?An exchange-traded fund (ETF) is a type of investment fund that tracks a basket of assets, such as stocks, bonds, or commodities. ETFs are traded on stock exchanges, just like stocks.There are many different types of ETFs, each with its own unique investment objective. Some ETFs track a particular index, such as the...

best etf for blockchain

best etf for blockchain

Oct 23,2024 at 04:58pm

1. Best ETFs for Blockchain ExposureBlockchain technology has emerged as a transformative force, driving innovation across various industries. As a result, investors are increasingly seeking ways to gain exposure to this burgeoning sector. Exchange-traded funds (ETFs) offer a convenient and diversified way to invest in blockchain-related companies.2. To...

best no fee etfs

best no fee etfs

Oct 10,2024 at 04:30pm

Top No-Fee ETFs to Consider for Budget-Conscious InvestorsWhat are No-Fee ETFs?Exchange-traded funds (ETFs) are investment vehicles that track the performance of specific indices, sectors, or themes. No-fee ETFs, as the name implies, do not charge management fees or operating expenses. This makes them highly cost-effective for investors seeking broad ma...

best etf for bond exposure

best etf for bond exposure

Oct 14,2024 at 04:05am

Best ETFs for Bond ExposureExchange-traded funds (ETFs) offer a convenient and diversified way to invest in bonds. Here are some of the top ETFs for bond exposure:1. Vanguard Total Bond Market Index Fund ETF (BND)Provides broad exposure to the entire U.S. bond marketTracks the Barclays U.S. Aggregate Bond IndexAnnual expense ratio: 0.03%2. iShares Core ...

which etf is performing the best

which etf is performing the best

Oct 19,2024 at 12:12pm

Which ETF is Performing the Best?Exchange-traded funds (ETFs) are a popular investment vehicle that offers investors a diversified portfolio of stocks, bonds, or other assets. They are traded on exchanges like stocks, but they offer the benefits of mutual funds, such as diversification and professional management.There are thousands of ETFs available, e...

See all articles

User not found or password invalid

Your input is correct

Cancel