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Data last updated: Jul 18, 2026
Snapshot (as of Jul 18, 2026): State Street SPDR S&P 500 ETF (SPY) pays a $7.53 annual dividend ($1.90 quarterly), yielding 1.01% at $743.29/share. Next ex-dividend date 2026-06-18. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 1.01%
Annual Dividend: $7.53 per share
Ex-Dividend Date: 2026-06-18
Dividend Frequency: quarterly
Sector: Financial Services
Years of Dividend History: 34
The State Street SPDR S&P 500 ETF dividend comes from one of the oldest and most traded ETFs in the world, tracking the S&P 500 index across 500 large-cap US securities. SPY currently yields 1.03%, with a trailing annual dividend rate of $7.5250 per share paid quarterly. The next ex-dividend date is June 18, 2026. With a beta of 1.0, SPY moves in lockstep with the broader US large-cap market, making it a fit for dividend investors who want broad equity exposure alongside modest income.
State Street SPDR S&P 500 ETF pays out dividends sourced directly from the underlying holdings of the S&P 500 index, a payout ratio classified as not applicable (fund/ETF). State Street SPDR S&P 500 ETF dividend safety rests on the aggregate dividend-paying capacity of 500 large-cap US companies rather than any single issuer's earnings. The one structural factor worth watching: as a unit investment trust, SPY cannot reinvest portfolio dividends between distributions, meaning cash drag can slightly reduce returns in rising markets and the pass-through income depends entirely on what the underlying index constituents pay.
State Street SPDR S&P 500 ETF dividend history shows a CAGR of 7.7% per year from 2011 to 2025. Per-share payments grew from $2.5760 to $7.2810 over that window (2026 is a partial year and excluded from this calculation). The smallest annual increase in the window was 0.4% in 2021, which shows that growth, while present across the full period, is not uniform year to year.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +4.8% | $6.32 (2022) | $7.28 (2025) |
| 5-Year | +5.1% | $5.69 (2020) | $7.28 (2025) |
| 10-Year | +5.6% | $4.21 (2015) | $7.28 (2025) |
SPY fits dividend investors who treat income as secondary to broad US large-cap exposure. The yield is low (below 2%), currently at 1.03%, which sits above the 5-year average of 0.91% but still well short of what dedicated income investors typically seek. Sixteen consecutive years of dividend increases and a 7.7% CAGR from 2011 to 2025 show that the per-share payout has grown meaningfully over time. The trade-off is clear: SPY delivers growing income tied to the earnings of 500 large-cap US companies, but the starting yield is thin, and income growth depends entirely on what those underlying companies choose to pay.
| Payment Date | Amount per Share |
|---|---|
| 2026-06-18 | $1.9035 |
| 2026-03-20 | $1.7970 |
| 2025-12-19 | $1.9930 |
| 2025-09-19 | $1.8310 |
| 2025-06-20 | $1.7610 |
| 2025-03-21 | $1.6960 |
| 2024-12-20 | $1.9660 |
| 2024-09-20 | $1.7460 |
| 2024-06-21 | $1.7590 |
| 2024-03-15 | $1.5950 |
| Year | Total Dividends |
|---|---|
| 2026 | $3.7005 |
| 2025 | $7.2810 |
| 2024 | $7.0660 |
| 2023 | $6.6330 |
| 2022 | $6.3200 |
Project income from SPY with the SPY dividend calculator or track your full portfolio with the dividend tracker.