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: Oct 17, 2026
Dividend Yield: 1.56%
Dividend Frequency: quarterly
Years of Dividend History: 14
State Street SPDR Portfolio S&P 600 Small Cap ETF dividend comes from a low-cost index fund tracking the S&P SmallCap 600 Index, giving investors broad exposure to U.S. small-cap equities. The current yield is 1.85%, with a trailing annual dividend rate of $1.0055 per share paid quarterly. The next ex-dividend date is September 21, 2026. With a beta of 1.02, SPSM moves closely in line with the broader market, making it a fit for dividend investors who want small-cap equity exposure alongside modest income.
State Street SPDR Portfolio S&P 600 Small Cap ETF pays out dividends as a pass-through of underlying index holdings, making a traditional payout ratio not applicable (fund/ETF). State Street SPDR Portfolio S&P 600 Small Cap ETF dividend safety is structurally tied to the aggregate dividend activity of the roughly 600 small-cap companies within the S&P SmallCap 600 Index, not to a single company's earnings. The most significant pressure point is that small-cap dividends are more sensitive to economic conditions than large-cap payouts, and the fund's history does include year-over-year declines exceeding 5%.
State Street SPDR Portfolio S&P 600 Small Cap ETF dividend history shows a CAGR of 5.9% per year from 2014 to 2025. Per-share payments grew from $0.4044 in 2014 to $0.7572 in 2025 (2026 is a partial year and excluded from this calculation). The largest annual increase in the window was 31.5% in 2015, but the history also contains at least one year-over-year decline exceeding 5%, so growth has not been linear.
| 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 | +3.6% | $0.53 (2015) | $0.76 (2025) |
SPSM fits dividend investors who want diversified U.S. small-cap equity exposure and are willing to accept a modest income stream. The current yield is classified as low (below 2%), though at 1.85% it sits meaningfully above the 5-year average of 1.25%, which reflects recent dividend growth from the underlying index holdings. Growth has averaged 5.9% annually over the past decade, but the absence of a consecutive-increase streak and the presence of historical declines mean income is not predictable year to year. The trade-off is clear: broad small-cap diversification at low cost, with income that is secondary to equity exposure.
| Payment Date | Amount per Share |
|---|---|
| 2026-09-21 | $0.2202 |
| 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 |
| Year | Total Dividends |
|---|---|
| 2026 | $0.5862 |
| 2025 | $0.7572 |
| 2024 | $0.8294 |
| 2023 | $0.6798 |
| 2022 | $0.5088 |
Project income from SPSM with the SPSM dividend calculator or track your full portfolio with the dividend tracker.