XLV Dividend Yield 2026: State Street Health Care Select Sector SPDR ETF

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Data last updated: Jul 18, 2026

Snapshot (as of Jul 18, 2026): State Street Health Care Select Sector SPDR ETF (XLV) pays a $2.53 annual dividend ($0.66 quarterly), yielding 1.57% at $161.09/share. Next ex-dividend date 2026-06-22. Source: Yahoo Finance, aggregated by MerryDiv.

Dividend Yield: 1.57%

Annual Dividend: $2.53 per share

Ex-Dividend Date: 2026-06-22

Dividend Frequency: quarterly

Sector: Financial Services

Years of Dividend History: 28

About State Street Health Care Select Sector SPDR ETF Dividend

The State Street Health Care Select Sector SPDR ETF dividend comes from a fund that tracks the Health Care Select Sector Index, giving investors concentrated exposure to S&P 500 healthcare companies across pharmaceuticals, biotechnology, medical equipment, and health technology. XLV currently pays a 1.55% yield, with a trailing annual dividend rate of $2.5326 per share paid quarterly. The next ex-dividend date is June 22, 2026, with the last quarterly payment of $0.6562 per share. Growth-and-income investors who want targeted healthcare sector exposure with a 10.2% dividend CAGR over 15 years are the clearest fit, given the fund's low beta of 0.56.

Dividend Safety

State Street Health Care Select Sector SPDR ETF pays out dividends as a pass-through from its underlying holdings, making a traditional payout ratio not applicable (fund/ETF). State Street Health Care Select Sector SPDR ETF dividend safety is therefore tied to the income generated by its portfolio of S&P 500 healthcare companies spanning pharmaceuticals, medical equipment, biotechnology, and life sciences, sectors with recurring demand built into their business models. The primary pressure on the payout comes from the fund's exposure to a single sector: a broad healthcare downturn, regulatory pricing pressure on pharmaceuticals, or a shift in S&P 500 index composition could reduce the income passed through to shareholders.

State Street Health Care Select Sector SPDR ETF (XLV) Dividend Growth Rate, CAGR, and History

State Street Health Care Select Sector SPDR ETF dividend history shows a CAGR of 10.2% per year from 2010 to 2025. Per-share payments grew from $0.5770 to $2.4770 over that window (2026 is a partial year and excluded from the CAGR calculation). The largest single-year jump in the window was 61.9% in 2019, though the data also contains at least one year-over-year decline exceeding 5%, so growth has not been linear. XLV has posted five consecutive years of dividend increases through 2025.

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

Period	CAGR	From	To
3-Year	+7.5%	$1.99 (2022)	$2.48 (2025)
5-Year	+8.0%	$1.69 (2020)	$2.48 (2025)
10-Year	+9.1%	$1.03 (2015)	$2.48 (2025)

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

XLV fits growth-and-income investors who want healthcare sector exposure and are willing to accept a low current yield in exchange for above-average dividend growth. The yield of 1.55% is classified as low (below 2%), and it sits above the fund's own 5-year average of 1.32%, which means current buyers are getting a slightly better entry yield than the recent norm. The 10.2% annual dividend growth rate over 15 years is the defining characteristic here. What an investor gains is a fast-compounding income stream tied to a diversified basket of S&P 500 healthcare names. The trade-off is a starting yield that delivers limited near-term income.

Recent State Street Health Care Select Sector SPDR ETF Dividend Payments

Payment Date	Amount per Share
2026-06-22	$0.6562
2026-03-23	$0.5947
2025-12-22	$0.6570
2025-09-22	$0.6250
2025-06-23	$0.6300
2025-03-24	$0.5650
2024-12-23	$0.6220
2024-09-23	$0.5770
2024-06-24	$0.5730
2024-03-18	$0.5230

State Street Health Care Select Sector SPDR ETF Annual Dividend History

Year	Total Dividends
2026	$1.2510
2025	$2.4770
2024	$2.2950
2023	$2.1690
2022	$1.9920

Related Financial Services Dividend Stocks

• VTSAX — Vanguard Total Stock Market Index Fund Admiral Shares (1.04% yield)
• VFIAX — Vanguard 500 Index Fund Admiral Shares (1.06% yield)
• VOO — Vanguard S&P 500 ETF (1.08% yield)
• JPM — JPMorgan Chase & Co. (1.76% yield)
• IVV — iShares Core S&P 500 ETF (1.10% yield)
• FXAIX — Fidelity 500 Index Fund (1.06% yield)

Frequently Asked Questions

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

XLV pays dividends quarterly. The last dividend was $0.6562 per share, with the next ex-dividend date set for June 22, 2026.

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

The current XLV dividend yield is 1.55%, above the fund's 5-year average yield of 1.32%. That means today's yield is modestly higher than what investors have received on average over the past five years.

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

The available history shows at least one year-over-year decline exceeding 5% within the 2010 to 2025 window, so the dividend has not grown without interruption. The data does not cover periods before 2010, so no claim can be made about the full history.

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

XLV has grown its dividend at a compound annual growth rate (CAGR) of 10.2% per year from 2010 to 2025. Per-share payments rose from $0.5770 to $2.4770 over that 15-year window.

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

XLV's 1.55% yield is classified as low (below 2%), which limits its appeal for investors who need immediate income. Its strength is dividend growth: a 10.2% annual CAGR over 15 years makes it more relevant for growth-and-income investors than pure income seekers.

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

XLV suits growth-and-income investors who prioritize dividend growth over current yield. The 10.2% CAGR and five consecutive years of increases appeal to investors building income over time, while the 1.55% starting yield is too low for those needing near-term cash flow.

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

The current yield of 1.55% is above the fund's 5-year average of 1.32%. Relative to its own recent history, XLV is offering a slightly better income rate than usual.

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