SDY Dividend Yield 2026: State Street SPDR S&P Dividend ETF

The free dividend tracker to help you grow your wealth. Link your brokerage accounts and MerryDiv automatically syncs your holdings and dividends.

Data last updated: Sep 06, 2026

Snapshot (as of Sep 06, 2026): State Street SPDR S&P Dividend ETF (SDY) pays a $3.73 annual dividend ($0.97 quarterly), yielding 2.39% at $155.89/share. Next ex-dividend date 2026-06-22. Source: Yahoo Finance, aggregated by MerryDiv.

Dividend Yield: 2.39%

Annual Dividend: $3.73 per share

Ex-Dividend Date: 2026-06-22

Dividend Frequency: quarterly

Sector: Financial Services

Years of Dividend History: 20

About State Street SPDR S&P Dividend ETF Dividend

The State Street SPDR S&P Dividend ETF dividend tracks companies with at least 20 consecutive years of dividend increases, weighted by yield within the S&P High Yield Dividend Aristocrats Index. SDY currently pays a 2.39% yield, above its 5-year average of 2.17%. The trailing annual dividend rate is $3.7306 per share, paid quarterly, with the next ex-dividend date on June 22, 2026. A beta of 0.58 makes this fund notably less volatile than the broader market, which suits income investors who prioritize steadiness over maximum yield.

Dividend Safety

State Street SPDR S&P Dividend ETF pays out dividends as a pass-through fund, making a traditional payout ratio not applicable (fund/ETF). State Street SPDR S&P Dividend ETF dividend safety rests on the structural requirement that every holding must have raised its dividend for at least 20 consecutive years, which filters out companies with fragile or opportunistic payout histories. The primary pressure point is that the fund's income depends entirely on the dividends paid by its underlying holdings, so a broad economic downturn that forces multiple constituents to cut could reduce distributions.

State Street SPDR S&P Dividend ETF (SDY) Dividend Growth Rate, CAGR, and History

State Street SPDR S&P Dividend ETF dividend history shows a CAGR of 3.0% per year from 2008 to 2025. Per-share payments grew from $2.2056 to $3.6341 over that span (2026 is a partial year and excluded from this calculation). The largest annual increase in the window was 50.3% in 2013, but the data also contains at least one year-over-year decline exceeding 5%, so growth has not been linear.

State Street SPDR S&P Dividend ETF Dividend Growth Rate (CAGR)

Period	CAGR	From	To
3-Year	+4.4%	$3.20 (2022)	$3.63 (2025)
5-Year	+3.8%	$3.02 (2020)	$3.63 (2025)
10-Year	-2.2%	$4.56 (2015)	$3.63 (2025)

Is State Street SPDR S&P Dividend ETF a Good Dividend Stock?

SDY fits dividend investors who want broad exposure to long-tenured dividend growers without concentrating in a single sector or company. The yield is moderate (2–4%) at 2.39%, and it currently sits above the fund's own 5-year average of 2.17%, which means income buyers are getting slightly more yield than the recent norm. Growth at 3.0% annually is slow, and that limits how quickly income compounds over time. The trade-off is clear: State Street SPDR S&P Dividend ETF offers a low-volatility structure (beta of 0.58) and a disciplined index methodology, but investors accept modest growth in exchange for that steadiness.

Recent State Street SPDR S&P Dividend ETF Dividend Payments

Payment Date	Amount per Share
2026-06-22	$0.9680
2026-03-23	$0.8743
2025-12-22	$1.0174
2025-09-22	$0.8709
2025-06-23	$0.9274
2025-03-24	$0.8184
2024-12-20	$1.0303
2024-09-20	$0.7852
2024-06-21	$0.8589
2024-03-15	$0.7079

State Street SPDR S&P Dividend ETF Annual Dividend History

Year	Total Dividends
2026	$1.8423
2025	$3.6341
2024	$3.3824
2023	$3.2981
2022	$3.1952

Related Financial Services Dividend Stocks

• VTSAX — Vanguard Total Stock Market Index Fund Admiral Shares (1.02% yield)
• VTI — Vanguard Morningstar Total Stock Market ETF (1.03% yield)
• VFIAX — Vanguard 500 Index Fund Admiral Shares (1.03% yield)
• VOO — Vanguard S&P 500 ETF (1.04% yield)
• JPM — JPMorgan Chase & Co. (1.67% yield)
• IVV — iShares Core S&P 500 ETF (1.06% yield)

Frequently Asked Questions

Does SDY pay dividends?

Yes, State Street SPDR S&P Dividend ETF (SDY) pays a $0.97 quarterly dividend per share, yielding 2.39%.

How often does State Street SPDR S&P Dividend ETF pay dividends?

SDY pays dividends quarterly. The last dividend amount was $0.9680 per share, with the next ex-dividend date set for June 22, 2026.

What is State Street SPDR S&P Dividend ETF's current dividend yield?

The current SDY dividend yield is 2.39%, above the fund's 5-year average yield of 2.17%. That gap means income investors are receiving slightly more yield than has been typical over the past five years.

Has State Street SPDR S&P Dividend ETF ever cut its dividend?

The available history from 2008 to 2025 contains at least one year-over-year decline exceeding 5%, so the dividend has not been uninterrupted over the full window. The fund currently shows only 3 consecutive years of increases.

How fast has State Street SPDR S&P Dividend ETF grown its dividend?

SDY has grown its dividend at a compound annual growth rate (CAGR) of 3.0% per year from 2008 to 2025. That pace is slow relative to the largest single-year jump in the window, which was 50.3% in 2013, reflecting how uneven annual growth has been.

Is State Street SPDR S&P Dividend ETF a good dividend stock for income investors?

SDY offers a moderate (2–4%) yield of 2.39%, currently above its 5-year average, with a low beta of 0.58. It suits income investors who prioritize low volatility and a disciplined selection methodology over high yield or fast dividend growth.

What type of investor is State Street SPDR S&P Dividend ETF best suited for?

State Street SPDR S&P Dividend ETF fits dividend investors who want diversified exposure to companies with long histories of raising payouts, and who accept a 3.0% annual growth rate in exchange for lower market volatility (beta of 0.58).

How does State Street SPDR S&P Dividend ETF compare to its own historical yield?

The current yield of 2.39% is above the 5-year average of 2.17%, so SDY stock is offering more income relative to price than it has on average over the past five years.

Latest SDY News

• Here Are 5 ETFs That Retirees Use to Skip Stock Picking Entirely - 24/7 Wall St. — 24/7 Wall St.
• 5 Dividend Growth ETFs to Buy - Kiplinger — Kiplinger
• 23 dividend safety stocks beating the S&P 500 this year - Seeking Alpha — Seeking Alpha

Project income from SDY with the SDY dividend calculator or track your full portfolio with the dividend tracker.