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Data last updated: Oct 17, 2026
Snapshot (as of Oct 17, 2026): State Street Utilities Select Sector SPDR ETF (XLU) pays a $1.95 annual dividend ($0.49 quarterly), yielding 2.87% at $42.21/share. 18 consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 2.87%
Annual Dividend: $1.95 per share
Dividend Frequency: quarterly
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 pays $1.4959 per share annually on a quarterly basis, with the next ex-dividend date on September 21, 2026. The current yield stands at 3.64%. With a beta of 0.49, this fund moves at roughly half the volatility of 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 under a full replication strategy that mirrors the Utilities Select Sector Index. The primary pressure point is that distributions depend entirely on what the underlying holdings pay out, so any broad softening in utilities dividends flows directly through to XLU shareholders.
State Street Utilities Select Sector SPDR ETF dividend history shows a CAGR of 3.8% per year from 2011 to 2025. Per-share payments grew from $0.6840 to $1.1572 over that window (2026 is a partial year and excluded from this calculation). The smallest annual increase in the window was 0.5% in 2018, which shows that growth, while unbroken across 18 consecutive years of increases, is not always meaningful in real terms.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +4.0% | $1.03 (2022) | $1.16 (2025) |
| 5-Year | +3.3% | $0.99 (2020) | $1.16 (2025) |
| 10-Year | +3.8% | $0.80 (2015) | $1.16 (2025) |
XLU fits income-focused investors who want exposure to U.S. utilities income with below-average price swings. The yield of 3.64% falls in the moderate (2-4%) range and sits notably above the fund's own 5-year average yield of 2.62%, meaning today's entry point delivers more income than the historical norm. Growth is slow at 3.8% annually, so the fund is not designed to compound income rapidly. What an investor gets is a low-beta income stream backed by 18 consecutive years of dividend increases; what they accept is a growth rate that barely keeps pace with inflation in weaker years.
| Payment Date | Amount per Share |
|---|---|
| 2026-09-21 | $0.3004 |
| 2026-06-22 | $0.2844 |
| 2026-03-23 | $0.3099 |
| 2025-12-22 | $0.3172 |
| 2025-09-22 | $0.2840 |
| 2025-06-23 | $0.2785 |
| 2025-03-24 | $0.2775 |
| 2024-12-23 | $0.3140 |
| 2024-09-23 | $0.2695 |
| 2024-06-24 | $0.2775 |
| Year | Total Dividends |
|---|---|
| 2026 | $0.8947 |
| 2025 | $1.1572 |
| 2024 | $1.1208 |
| 2023 | $1.0727 |
| 2022 | $1.0288 |
Project income from XLU with the XLU dividend calculator or track your full portfolio with the dividend tracker.