SPY Dividend Calculator
Calculate how much dividend income State Street SPDR S&P 500 ETF (SPY) could generate with reinvestment. Pre-loaded with SPY's current 1.01% yield and 5.0% dividend growth rate.
Dividend Yield: 1.01%
Annual Dividend: $7.53 per share
Share Price: $743.29
SPY DRIP Calculator
Model SPY dividend reinvestment with customizable yield, growth rate, contribution, and time horizon. Compare DRIP vs no-DRIP returns and see year-by-year projection tables.
5-Year Dividend Growth Rate (CAGR): 5.0% per year
Frequently Asked Questions
- What is SPY's current dividend yield?
- SPY (State Street SPDR S&P 500 ETF) currently has a dividend yield of 1.01%. This means for every $10,000 invested, you would receive approximately $101 per year in dividend income before taxes.
- How much SPY do I need to make $1,000 per month in dividends?
- To earn $1,000 per month ($12,000/year) from SPY at its current yield of 1.01%, you would need approximately $1,188,119 invested. With dividend reinvestment and growth, you may need less over time.
- Does SPY pay monthly dividends?
- No, SPY pays dividends quarterly (4 times per year). You can build monthly income by combining it with other stocks that pay in different months.
- Is SPY's dividend safe?
- Payout ratio data is not available for SPY. Review the company's earnings and cash flow statements for a safety assessment.
- What is SPY's dividend growth rate?
- SPY's 5-year dividend compound annual growth rate (CAGR) is approximately 5.0% per year. This growth rate is pre-loaded into the calculator above to give you a realistic projection.
See full dividend history and analysis on the SPY dividend page.