SPY Dividend Yield 2026: State Street SPDR S&P 500 ETF

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Data last updated: Sep 01, 2026

Snapshot (as of Sep 01, 2026): State Street SPDR S&P 500 ETF (SPY) pays a $7.53 annual dividend ($1.90 quarterly), yielding 0.99% at $763.89/share. Next ex-dividend date 2026-06-18. Source: Yahoo Finance, aggregated by MerryDiv.

Dividend Yield: 0.99%

Annual Dividend: $7.53 per share

Ex-Dividend Date: 2026-06-18

Dividend Frequency: quarterly

Sector: Financial Services

Years of Dividend History: 34

About State Street SPDR S&P 500 ETF Dividend

The State Street SPDR S&P 500 ETF dividend comes from one of the most traded and widely held funds in the world, tracking the S&P 500 index across 500 large-cap US securities. SPY pays $7.5250 per share annually on a quarterly schedule, with the next ex-dividend date on June 18, 2026. The current yield sits at 1.01%. As a unit investment trust with a beta of 1.0, SPY moves in lockstep with the broader US large-cap market, making it a fit for investors who want broad equity exposure with a modest income component.

Dividend Safety

State Street SPDR S&P 500 ETF pays out dividends as a pass-through of underlying portfolio income, with a payout ratio classified as not applicable (fund/ETF). The fund's distributions are directly tied to the dividends paid by its 500 holdings, so State Street SPDR S&P 500 ETF dividend safety depends on the aggregate dividend output of the US large-cap market rather than a single company's earnings. The key structural constraint is SPY's unit investment trust format, which prohibits reinvesting portfolio dividends between distributions, meaning cash drag can affect the fund's performance and, indirectly, the income it passes through.

State Street SPDR S&P 500 ETF (SPY) Dividend Growth Rate, CAGR, and History

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 data 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.

State Street SPDR S&P 500 ETF Dividend Growth Rate (CAGR)

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)

Is State Street SPDR S&P 500 ETF a Good Dividend Stock?

SPY fits dividend investors who treat income as secondary to broad US large-cap exposure. The yield is low (below 2%), currently at 1.01%, which is actually above the 5-year average of 0.88%, so the current entry point offers slightly more income than the recent norm. The dividend has grown at 7.7% per year over 14 years, and SPY has raised its payout for 16 consecutive years. The trade-off is straightforward: investors get a growing, market-linked income stream with a beta of 1.0, but the absolute yield is modest and the fund's UIT structure means no securities lending income and no dividend reinvestment between distributions.

Recent State Street SPDR S&P 500 ETF Dividend Payments

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

State Street SPDR S&P 500 ETF Annual Dividend History

Year	Total Dividends
2026	$3.7005
2025	$7.2810
2024	$7.0660
2023	$6.6330
2022	$6.3200

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 SPY pay dividends?

Yes, State Street SPDR S&P 500 ETF (SPY) pays a $1.90 quarterly dividend per share, yielding 0.99%.

How often does State Street SPDR S&P 500 ETF pay dividends?

SPY pays dividends quarterly. The last dividend amount was $1.9035 per share, with the next ex-dividend date set for June 18, 2026.

What is State Street SPDR S&P 500 ETF's current dividend yield?

The current SPY dividend yield is 1.01%, above the 5-year average yield of 0.88%. That means the current yield is modestly elevated relative to recent history.

Has State Street SPDR S&P 500 ETF ever cut its dividend?

No year-over-year decline appears in the available history window from 2011 to 2025. The data does not cover periods before 2011, so no claim can be made about the full 34-year history.

How fast has State Street SPDR S&P 500 ETF grown its dividend?

SPY has grown its dividend at a compound annual growth rate (CAGR) of 7.7% per year from 2011 to 2025. Per-share payments rose from $2.5760 to $7.2810 over that 14-year window.

Is State Street SPDR S&P 500 ETF a good dividend stock for income investors?

SPY's yield of 1.01% is low (below 2%), so it is not an income-focused holding in the traditional sense. Its appeal for dividend investors lies in 16 consecutive years of payout increases and a 7.7% annual growth rate, not the absolute yield level.

What type of investor is State Street SPDR S&P 500 ETF best suited for?

SPY suits investors who want broad US large-cap exposure with a growing but modest income component. With a beta of 1.0 and a yield below 2%, it is not a high-income vehicle but offers 16 consecutive years of dividend increases.

How does State Street SPDR S&P 500 ETF compare to its own historical yield?

The current yield of 1.01% is above the 5-year average of 0.88%, placing it at the higher end of its recent range. That gap is modest but means income investors are receiving slightly more than the recent norm.

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