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

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Data last updated: Oct 17, 2026

Dividend Yield: 1.44%

Dividend Frequency: quarterly

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 gives investors focused exposure to healthcare companies within the S&P 500, spanning pharmaceuticals, biotechnology, medical equipment, and healthcare providers. XLV currently yields 1.89%, with a trailing annual dividend rate of $3.1748 per share paid quarterly. The next ex-dividend date is September 21, 2026, with the most recent quarterly payment of $0.6422 per share. A beta of 0.51 makes this fund notably less volatile than the broader market, which suits growth-and-income investors who can accept a low current yield in exchange for above-average dividend growth.

Dividend Safety

State Street Health Care Select Sector SPDR ETF pays out dividends as a pass-through fund, making a traditional payout ratio not applicable (fund/ETF). State Street Health Care Select Sector SPDR ETF dividend safety is tied directly to the income generated by its underlying holdings across pharmaceuticals, biotechnology, and healthcare services, rather than a single company's earnings. The primary pressure point is that distributions fluctuate with the dividend activity of those underlying S&P 500 healthcare constituents, which means the fund's payout is not insulated from sector-wide dividend cuts.

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 $2.4766 over that period (2026 is a partial year and excluded from this calculation). The largest annual increase 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.

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	+7.9%	$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 prioritize dividend growth over current income. The yield is low (below 2%), and at 1.89% it sits well above the fund's 5-year average of 1.28%, which means the current entry point offers a historically elevated yield for this fund. Five consecutive years of dividend increases back the growth story, and a 10.2% CAGR over 15 years is a meaningful rate for a diversified sector ETF. The trade-off is straightforward: investors get strong historical dividend growth and low market volatility (beta of 0.51), but the current yield alone will not satisfy investors who need substantial income today.

Recent State Street Health Care Select Sector SPDR ETF Dividend Payments

Payment Date	Amount per Share
2026-09-21	$0.6422
2026-06-22	$0.6562
2026-03-23	$0.5947
2025-12-22	$0.6568
2025-09-22	$0.6249
2025-06-23	$0.6304
2025-03-24	$0.5645
2024-12-23	$0.6217
2024-09-23	$0.5772
2024-06-24	$0.5725

State Street Health Care Select Sector SPDR ETF Annual Dividend History

Year	Total Dividends
2026	$1.8932
2025	$2.4766
2024	$2.2942
2023	$2.1687
2022	$1.9925

Frequently Asked Questions

How often does XLV pay dividends?

State Street Health Care Select Sector SPDR ETF (XLV) pays dividends quarterly — 4 times per year.

Does XLV pay monthly dividends?

No — State Street Health Care Select Sector SPDR ETF (XLV) pays quarterly, not monthly.

What is XLV's dividend yield?

State Street Health Care Select Sector SPDR ETF (XLV) currently yields 1.44% based on the annual dividend rate and today's share price.

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.

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, with per-share payments rising from $0.5770 to $2.4766 over that period.

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

XLV is a low-yield fund at 1.89%, which limits its appeal for investors who need immediate income. Its strength is dividend growth at 10.2% annually over 15 years, making it better suited 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 fits growth-and-income investors who prioritize dividend growth over current yield. A beta of 0.51 and five consecutive years of dividend increases characterize it as a lower-volatility, growth-oriented dividend fund.

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

The current yield of 1.89% is above the 5-year average of 1.28%, meaning today's yield is higher than what the fund has typically offered over the past five years.

Latest XLV News

• State Street Health Care Select Sector SPDR ETF (XLV) Stock Price, Holdings, Dividend Yield - GuruFocus — GuruFocus
• Quant Spotlight: Top and bottom healthcare stocks ahead of Q3 - Seeking Alpha — Seeking Alpha
• XLV Dividend: 1.49% Yield, $2.55/Share — History & Dates - GuruFocus — GuruFocus

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