XLF Dividend Yield 2026: State Street Financial Select Sector SPDR ETF

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Data last updated: Sep 06, 2026

Snapshot (as of Sep 06, 2026): State Street Financial Select Sector SPDR ETF (XLF) pays a $0.81 annual dividend ($0.19 quarterly), yielding 1.39% at $58.10/share. Next ex-dividend date 2026-06-22. Source: Yahoo Finance, aggregated by MerryDiv.

Dividend Yield: 1.39%

Annual Dividend: $0.81 per share

Ex-Dividend Date: 2026-06-22

Dividend Frequency: quarterly

Sector: Financial Services

Years of Dividend History: 28

About State Street Financial Select Sector SPDR ETF Dividend

The State Street Financial Select Sector SPDR ETF dividend comes from a fund that tracks the financial segment of the S&P 500, covering banking, insurance, capital markets, consumer finance, and mortgage REITs. XLF currently yields 1.39%, with a trailing annual dividend rate of $0.8073 per share paid quarterly. The next ex-dividend date is June 22, 2026, and the last quarterly payment was $0.1871 per share. At a beta of 0.75, XLF moves with less volatility than the broader market, which suits growth-and-income investors who can accept a low current yield in exchange for dividend growth.

Dividend Safety

State Street Financial Select Sector SPDR ETF pays out dividends as a pass-through of income from its underlying holdings, making a traditional payout ratio not applicable (fund/ETF). State Street Financial Select Sector SPDR ETF dividend safety is therefore tied directly to the income generated by its portfolio of S&P 500 financial companies across banking, insurance, and capital markets sub-sectors. The most significant pressure point is that dividends from the underlying holdings can fall during financial sector downturns, as the 2023 annual payment of $0.6414 dropping from $0.6990 in 2022 demonstrates.

State Street Financial Select Sector SPDR ETF (XLF) Dividend Growth Rate, CAGR, and History

State Street Financial Select Sector SPDR ETF dividend history shows a CAGR of 10.3% per year from 2011 to 2025. Per-share payments grew from $0.1827 to $0.7197 over that window (2026 is a partial year and excluded from this calculation). The largest single-year increase in the window was 28.0% in 2012, though the history also contains at least one year-over-year decline exceeding 5%, most visibly in 2023 when the annual payment fell from $0.6990 to $0.6414.

State Street Financial Select Sector SPDR ETF Dividend Growth Rate (CAGR)

Period	CAGR	From	To
3-Year	+1.0%	$0.70 (2022)	$0.72 (2025)
5-Year	+3.8%	$0.60 (2020)	$0.72 (2025)
10-Year	+6.7%	$0.38 (2015)	$0.72 (2025)

Is State Street Financial Select Sector SPDR ETF a Good Dividend Stock?

XLF fits growth-and-income investors who prioritize dividend growth over current yield, given its 10.3% annual CAGR over 14 years. The current yield is low (below 2%) at 1.39%, sitting above its 5-year average of 1.16%, which means income today is modest but slightly elevated relative to recent norms. The fund's broad exposure to S&P 500 financials, spanning banking, insurance, and capital markets, means dividend income fluctuates with sector earnings rather than following a fixed corporate payout policy. The trade-off is clear: investors get meaningful long-run dividend growth but accept year-to-year variability and a yield that does not serve immediate income needs.

Recent State Street Financial Select Sector SPDR ETF Dividend Payments

Payment Date	Amount per Share
2026-06-22	$0.1871
2026-03-23	$0.2515
2025-12-22	$0.1908
2025-09-22	$0.1780
2025-06-23	$0.1721
2025-03-24	$0.1788
2024-12-23	$0.2062
2024-09-23	$0.1653
2024-06-24	$0.1628
2024-03-18	$0.1525

State Street Financial Select Sector SPDR ETF Annual Dividend History

Year	Total Dividends
2026	$0.4386
2025	$0.7197
2024	$0.6868
2023	$0.6414
2022	$0.6990

Related Financial Services Dividend Stocks

• VTSAX — Vanguard Total Stock Market Index Fund Admiral Shares (1.02% yield)
• VTI — Vanguard Morningstar Total Stock Market ETF (1.03% yield)
• VFIAX — Vanguard 500 Index Fund Admiral Shares (1.03% yield)
• VOO — Vanguard S&P 500 ETF (1.04% yield)
• JPM — JPMorgan Chase & Co. (1.67% yield)
• IVV — iShares Core S&P 500 ETF (1.06% yield)

Frequently Asked Questions

Does XLF pay dividends?

Yes, State Street Financial Select Sector SPDR ETF (XLF) pays a $0.19 quarterly dividend per share, yielding 1.39%.

How often does State Street Financial Select Sector SPDR ETF pay dividends?

State Street Financial Select Sector SPDR ETF pays dividends quarterly. The last quarterly payment was $0.1871 per share, with the next ex-dividend date set for June 22, 2026.

What is State Street Financial Select Sector SPDR ETF's current dividend yield?

The current XLF dividend yield is 1.39%, above its 5-year average yield of 1.16%. That means income relative to price is running slightly higher than it has on average over the past five years.

Has State Street Financial Select Sector SPDR ETF ever cut its dividend?

Yes, the available history shows at least one meaningful decline. The annual dividend fell from $0.6990 in 2022 to $0.6414 in 2023, a year-over-year drop of roughly 8%. The 2017 payment also declined from the 2016 level.

How fast has State Street Financial Select Sector SPDR ETF grown its dividend?

XLF has grown its dividend at a compound annual growth rate (CAGR) of 10.3% per year from 2011 to 2025. Per-share payments rose from $0.1827 to $0.7197 over that 14-year window.

Is State Street Financial Select Sector SPDR ETF a good dividend stock for income investors?

XLF is a low-yield fund at 1.39%, which limits its appeal for investors who need immediate income. Its strength is long-run dividend growth at 10.3% annually, making it better suited for growth-and-income investors than pure income seekers.

What type of investor is State Street Financial Select Sector SPDR ETF best suited for?

XLF fits growth-and-income investors who prioritize dividend growth over current yield. The 10.3% annual CAGR over 14 years is the draw, not the 1.39% current yield.

How does State Street Financial Select Sector SPDR ETF compare to its own historical yield?

The current yield of 1.39% is above the 5-year average of 1.16%, so income relative to price is modestly elevated by recent standards. That gap is narrow, but it does mean XLF stock is offering slightly more yield than it has historically.

Latest XLF News

• Banks, crypto in gainers; Aon, credit card stocks among losers: week's financials wrap (XLF:NYSEARCA) - Seeking Alpha — Seeking Alpha
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• XLF vs. KRE: Which State Street Financial Sector ETF Is the Better Buy - The Motley Fool — The Motley Fool

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