SPSM Dividend Yield 2026: State Street SPDR Portfolio S&P 600 Small Cap ETF

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Data last updated: Aug 29, 2026

Snapshot (as of Aug 29, 2026): State Street SPDR Portfolio S&P 600 Small Cap ETF (SPSM) pays a $0.79 annual dividend ($0.20 quarterly), yielding 1.39% at $56.60/share. Next ex-dividend date 2026-06-22. Source: Yahoo Finance, aggregated by MerryDiv.

Dividend Yield: 1.39%

Annual Dividend: $0.79 per share

Ex-Dividend Date: 2026-06-22

Dividend Frequency: quarterly

Sector: Financial Services

Years of Dividend History: 14

About State Street SPDR Portfolio S&P 600 Small Cap ETF Dividend

State Street SPDR Portfolio S&P 600 Small Cap ETF dividend comes from a fund designed to track the S&P SmallCap 600 Index, giving investors broad exposure to U.S. small-cap equities at low cost. The current yield is 1.37%, with a trailing annual dividend rate of $0.7853 per share paid quarterly. The next ex-dividend date is June 22, 2026, and the last dividend paid was $0.2006 per share. With a beta of 1.023, SPSM moves roughly in line with the broader market, making it a fit for investors who want small-cap equity exposure and are comfortable accepting modest income alongside price volatility.

Dividend Safety

State Street SPDR Portfolio S&P 600 Small Cap ETF pays out dividends as a pass-through of underlying index holdings, with a payout ratio classified as not applicable (fund/ETF). State Street SPDR Portfolio S&P 600 Small Cap ETF dividend safety is tied directly to the aggregate dividend activity of the roughly 600 small-cap U.S. companies held within the S&P SmallCap 600 Index, not to a single corporate balance sheet. The most significant pressure on the payout level is the variability of dividends across hundreds of small-cap holdings, which has produced year-over-year swings in the annual distribution throughout SPSM's history.

State Street SPDR Portfolio S&P 600 Small Cap ETF (SPSM) Dividend Growth Rate, CAGR, and History

State Street SPDR Portfolio S&P 600 Small Cap ETF dividend history shows a CAGR of -4.2% per year from 2014 to 2025. Per-share distributions moved from $1.2132 in 2014 to $0.7572 in 2025 (with 2026 a partial year). The largest annual increase in the window was 31.5% in 2015, but that spike was followed by a decline exceeding 5%, and the overall trend across the full period is negative. Growth is not the story here.

State Street SPDR Portfolio S&P 600 Small Cap ETF Dividend Growth Rate (CAGR)

Period	CAGR	From	To
3-Year	+14.2%	$0.51 (2022)	$0.76 (2025)
5-Year	+12.6%	$0.42 (2020)	$0.76 (2025)
10-Year	-7.2%	$1.60 (2015)	$0.76 (2025)

Is State Street SPDR Portfolio S&P 600 Small Cap ETF a Good Dividend Stock?

SPSM fits dividend investors who treat income as secondary to small-cap equity exposure. The current yield of 1.37% is classified as low (below 2%), and it sits above the 5-year average yield of 1.19%, which means the current entry point offers slightly more income than the historical norm. The dividend carries zero consecutive years of increases, and the 2014-to-2025 CAGR of -4.2% per year means distributions have shrunk over time in aggregate. What an investor gets is diversified access to roughly 600 U.S. small-cap companies through a low-cost core ETF. The trade-off is accepting a declining distribution trend and a yield that does not compete on income alone.

Recent State Street SPDR Portfolio S&P 600 Small Cap ETF Dividend Payments

Payment Date	Amount per Share
2026-06-22	$0.2006
2026-03-23	$0.1655
2025-12-22	$0.2359
2025-09-22	$0.1834
2025-06-23	$0.1831
2025-03-24	$0.1548
2024-12-23	$0.2813
2024-09-23	$0.1980
2024-06-24	$0.2059
2024-03-18	$0.1442

State Street SPDR Portfolio S&P 600 Small Cap ETF Annual Dividend History

Year	Total Dividends
2026	$0.3660
2025	$0.7572
2024	$0.8294
2023	$0.6798
2022	$0.5090

Related Financial Services Dividend Stocks

• VTSAX — Vanguard Total Stock Market Index Fund Admiral Shares (1.02% yield)
• VTI — Vanguard Morningstar Total Stock Market ETF (1.04% yield)
• VFIAX — Vanguard 500 Index Fund Admiral Shares (1.03% yield)
• VOO — Vanguard S&P 500 ETF (1.05% yield)
• JPM — JPMorgan Chase & Co. (1.69% yield)
• IVV — iShares Core S&P 500 ETF (1.07% yield)

Frequently Asked Questions

Does SPSM pay dividends?

Yes, State Street SPDR Portfolio S&P 600 Small Cap ETF (SPSM) pays a $0.20 quarterly dividend per share, yielding 1.39%.

How often does State Street SPDR Portfolio S&P 600 Small Cap ETF pay dividends?

State Street SPDR Portfolio S&P 600 Small Cap ETF pays dividends quarterly. The last dividend paid was $0.2006 per share, with the next ex-dividend date set for June 22, 2026.

What is State Street SPDR Portfolio S&P 600 Small Cap ETF's current dividend yield?

The current SPSM dividend yield is 1.37%, which is above the 5-year average yield of 1.19%. That means today's yield is slightly higher than what the fund has typically offered over the past five years.

Has State Street SPDR Portfolio S&P 600 Small Cap ETF ever cut its dividend?

Yes, the available history shows multiple year-over-year declines. Annual distributions fell from $1.5951 in 2015 to $1.1879 in 2016, and the 2014-to-2025 CAGR is -4.2% per year, reflecting a downward trend across the full window.

How fast has State Street SPDR Portfolio S&P 600 Small Cap ETF grown its dividend?

The compound annual growth rate (CAGR) for the SPSM dividend is -4.2% per year from 2014 to 2025. Distributions have declined in aggregate over that period, from $1.2132 per share to $0.7572 per share.

Is State Street SPDR Portfolio S&P 600 Small Cap ETF a good dividend stock for income investors?

SPSM carries a low yield of 1.37% and a negative dividend CAGR of -4.2% over 2014 to 2025. Income investors who prioritize yield or growing distributions will find the fund's characteristics a poor fit for pure income goals.

What type of investor is State Street SPDR Portfolio S&P 600 Small Cap ETF best suited for?

SPSM suits investors seeking broad U.S. small-cap equity exposure through a low-cost index fund, with income as a secondary consideration. The 1.37% yield and declining distribution trend make it a growth-oriented holding, not an income-first one.

How does State Street SPDR Portfolio S&P 600 Small Cap ETF compare to its own historical yield?

The current yield of 1.37% is above the 5-year average of 1.19%, so SPSM stock is offering slightly more income than its recent historical norm. The gap is modest, at roughly 18 basis points.

Latest SPSM News

• SPSM vs IJR: Which Small-Cap ETF Offers Better Value? - Yahoo Finance — Yahoo Finance
• Forget IWM: SPSM Has Quietly Beaten It by 12.68 Points Over 10 Years - AOL.ca — AOL.ca
• VB vs SPSM: Which Small-Cap ETF Is the Better Buy in 2026? - The Motley Fool — The Motley Fool

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