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 Portfolio High Yield Bond ETF (SPHY) pays a $1.67 annual dividend ($0.14 monthly), yielding 7.22% at $23.16/share. Next ex-dividend date 2026-09-01. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 7.22%
Annual Dividend: $1.67 per share
Ex-Dividend Date: 2026-09-01
Dividend Frequency: monthly
Sector: Financial Services
Years of Dividend History: 15
State Street SPDR Portfolio High Yield Bond ETF dividend comes from a fund managed by SSGA Funds Management, Inc. that tracks the ICE BofA US High Yield Index, investing in U.S. dollar-denominated below investment grade corporate debt securities. The current yield is 7.22%, with a trailing annual dividend rate of $1.6712 per share paid monthly, and the next ex-dividend date is September 1, 2026. At a beta of 0.64, SPHY carries lower price volatility than the broader market, which suits income-focused investors who want high yield without extreme share price swings.
State Street SPDR Portfolio High Yield Bond ETF pays out dividends as a pass-through from its underlying bond holdings, with a payout ratio classified as not applicable (fund/ETF). The fund's income is directly tied to the interest payments generated by its portfolio of below investment grade U.S. corporate bonds, so State Street SPDR Portfolio High Yield Bond ETF dividend safety depends on the credit performance and coupon income of those underlying securities. The most significant pressure point is credit risk: below investment grade bonds carry higher default rates, and a deterioration in the credit environment would reduce the income passed through to shareholders.
State Street SPDR Portfolio High Yield Bond ETF dividend history shows a CAGR of 3.9% per year from 2013 to 2025. Per-share payments grew from $1.1096 in 2013 to $1.7461 in 2025 (2026 is a partial year and excluded from this calculation). The largest single-year jump in the window was 49.6% in 2019, but the history also includes year-over-year declines exceeding 5%, so growth has been uneven rather than linear.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +6.5% | $1.44 (2022) | $1.75 (2025) |
| 5-Year | +3.2% | $1.49 (2020) | $1.75 (2025) |
| 10-Year | +5.4% | $1.03 (2015) | $1.75 (2025) |
SPHY fits income-focused investors who want high monthly cash flow from a diversified portfolio of U.S. high yield corporate bonds. The yield is classified as high (above 4%), currently at 7.22%, which sits above the 5-year average of 6.99%, meaning the fund is paying out at the upper end of its recent range. The trade-off is clear: income is substantial, but it is driven by below investment grade credit exposure, and the dividend history includes meaningful year-over-year declines. An investor in SPHY gets a high monthly yield and broad high yield bond market exposure, and accepts that the payout level will move with credit market conditions rather than grow on a predictable schedule.
| Payment Date | Amount per Share |
|---|---|
| 2026-09-01 | $0.1404 |
| 2026-08-03 | $0.1356 |
| 2026-07-01 | $0.1382 |
| 2026-06-01 | $0.1375 |
| 2026-05-01 | $0.1366 |
| 2026-04-01 | $0.1384 |
| 2026-03-02 | $0.1396 |
| 2026-02-02 | $0.1379 |
| 2025-12-18 | $0.1407 |
| 2025-12-01 | $0.1397 |
| Year | Total Dividends |
|---|---|
| 2026 | $1.1043 |
| 2025 | $1.7461 |
| 2024 | $1.8302 |
| 2023 | $1.7071 |
| 2022 | $1.4449 |
Project income from SPHY with the SPHY dividend calculator or track your full portfolio with the dividend tracker.