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Data last updated: Jul 18, 2026
Snapshot (as of Jul 18, 2026): State Street Utilities Select Sector SPDR ETF (XLU) pays a $1.48 annual dividend ($0.28 quarterly), yielding 3.28% at $45.17/share. Next ex-dividend date 2026-06-22. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 3.28%
Annual Dividend: $1.48 per share
Ex-Dividend Date: 2026-06-22
Dividend Frequency: quarterly
Sector: Financial Services
Years of Dividend History: 28
State Street Utilities Select Sector SPDR ETF dividend comes from a fund that holds U.S. utilities stocks, tracking the Utilities Select Sector Index through full replication. XLU currently yields 3.2%, with a trailing annual dividend rate of $1.4796 per share paid quarterly. The next ex-dividend date is June 22, 2026, with the last quarterly payment of $0.2844 per share. A beta of 0.49 makes this fund notably less volatile than the broader market, which suits income-focused investors who prioritize steadiness over growth.
State Street Utilities Select Sector SPDR ETF pays out dividends as a pass-through fund, making a traditional payout ratio not applicable (fund/ETF). State Street Utilities Select Sector SPDR ETF dividend safety rests on the income generated by its underlying U.S. utilities holdings, managed by SSGA Funds Management using full replication of the Utilities Select Sector Index. The most significant pressure on the dividend is that annual payments have already shown a year-over-year decline in the available history window, confirming the payout is not guaranteed to rise each year.
State Street Utilities Select Sector SPDR ETF dividend history shows a CAGR of 2.7% per year from 2011 to 2025. Per-share payments grew from $1.3680 to $1.9972 over that window (2026 is a partial year and excluded from this calculation). The largest annual increase in the window was 8.3% in 2019, while the data also contains at least one year-over-year decline exceeding 5%, meaning XLU's growth has not been linear. Growth is slow by most dividend standards, and that limits upside for investors counting on rising income.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | -1.0% | $2.06 (2022) | $2.00 (2025) |
| 5-Year | +0.3% | $1.97 (2020) | $2.00 (2025) |
| 10-Year | +2.3% | $1.59 (2015) | $2.00 (2025) |
XLU fits income-focused investors who want exposure to U.S. utilities stocks with below-average market volatility. The current yield of 3.2% falls in the moderate (2–4%) range, and it sits meaningfully below the fund's own 5-year average yield of 4.52%, which means buyers today are accepting a lower income rate than the fund's recent history has delivered. The 2.7% annual dividend growth rate is slow, so real income gains after inflation are modest. What an investor gets is a low-beta, sector-focused fund with a moderate yield. What they give up is a higher entry yield and a predictable upward dividend path.
| Payment Date | Amount per Share |
|---|---|
| 2026-06-22 | $0.2844 |
| 2026-03-23 | $0.3099 |
| 2025-12-22 | $0.3172 |
| 2025-09-22 | $0.5680 |
| 2025-06-23 | $0.5570 |
| 2025-03-24 | $0.5550 |
| 2024-12-23 | $0.6280 |
| 2024-09-23 | $0.5390 |
| 2024-06-24 | $0.5551 |
| 2024-03-18 | $0.5196 |
| Year | Total Dividends |
|---|---|
| 2026 | $0.5943 |
| 2025 | $1.9972 |
| 2024 | $2.2417 |
| 2023 | $2.1453 |
| 2022 | $2.0580 |
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