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

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Data last updated: Jul 18, 2026

Snapshot (as of Jul 18, 2026): State Street SPDR Portfolio S&P 600 Small Cap ETF (SPSM) pays a $0.79 annual dividend ($0.20 quarterly), yielding 1.38% at $56.76/share. Next ex-dividend date 2026-06-22. Source: Yahoo Finance, aggregated by MerryDiv.

Dividend Yield: 1.38%

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. With a beta of 1.14, SPSM carries slightly more price volatility than the broader market, making it a better fit for growth-oriented dividend investors than those seeking steady income.

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 structurally tied to the aggregate distributions generated by the roughly 600 small-cap companies in the S&P SmallCap 600 Index, not to a single corporate earnings stream. The most significant pressure on the payout comes from the fund's beta of 1.14: small-cap earnings are more sensitive to economic downturns, which can reduce the dividends flowing through from underlying holdings.

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 payments moved from $1.2132 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 overall trend has been negative, and the history contains at least one year-over-year decline exceeding 5%.

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 want small-cap equity exposure and treat income as secondary to market participation. The yield is low (below 2%) at 1.37%, though it does sit above the fund's own 5-year average of 1.19%, meaning current buyers are getting a slightly better income rate than the recent norm. The dividend CAGR of -4.2% per year from 2014 to 2025 means the per-share payout has shrunk over time, not grown. What an investor gets here is diversified access to U.S. small-cap stocks through a low-cost core ETF; what they accept is a declining income stream and above-average price volatility.

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 (1.04% yield)
• VFIAX — Vanguard 500 Index Fund Admiral Shares (1.06% yield)
• VOO — Vanguard S&P 500 ETF (1.08% yield)
• JPM — JPMorgan Chase & Co. (1.76% yield)
• IVV — iShares Core S&P 500 ETF (1.10% yield)
• FXAIX — Fidelity 500 Index Fund (1.06% yield)

Frequently Asked Questions

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 most recent dividend 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 fund's 5-year average yield of 1.19%. That means current buyers are receiving a slightly higher income rate than the fund's recent historical norm.

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. The annual payout fell from $1.5951 in 2015 to $1.1879 in 2016, and the data contains at least one additional decline exceeding 5% within the 2014 to 2025 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 was -4.2% per year from 2014 to 2025. Per-share payments declined from $1.2132 to $0.7572 over that period, meaning the income stream has shrunk rather than grown.

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

For income investors, SPSM's 1.37% yield is low (below 2%) and the dividend CAGR of -4.2% per year from 2014 to 2025 shows a shrinking payout. The fund is better characterized as a small-cap equity holding than a primary income source.

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 core ETF, with income treated as a secondary benefit. The 1.14 beta and negative dividend CAGR make it a poor fit for investors who prioritize income stability.

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

At 1.37%, the current State Street SPDR Portfolio S&P 600 Small Cap ETF dividend yield is above the fund's 5-year average of 1.19%. That gap is modest but means today's entry point offers slightly more income than the recent average.

Latest SPSM News

• Vanguard Small-Cap ETF vs State Street SPDR Portfolio S&P 600 Small Cap ETF - sekbernews.id — sekbernews.id
• VB vs SPSM: Which Small-Cap ETF Is the Better Buy in 2026? - The Motley Fool — The Motley Fool
• Is the Small-Cap Renaissance for Real, or Just a Head Fake - Kavout | AI — Kavout | AI

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