XLY Dividend Yield 2026: State Street Consumer Discretionary Select Sector SPDR ETF

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Data last updated: Jul 03, 2026

Dividend Yield: 0.95%

Annual Dividend: $1.12 per share

Ex-Dividend Date: 2026-06-22

Dividend Frequency: quarterly

Sector: Financial Services

Years of Dividend History: 28

About State Street Consumer Discretionary Select Sector SPDR ETF Dividend

The State Street Consumer Discretionary Select Sector SPDR ETF dividend comes from a fund that tracks the Consumer Discretionary Select Sector Index, holding U.S. equities across consumer discretionary companies spanning growth and value stocks of diversified market capitalizations. XLY currently yields 0.97%, with a trailing annual dividend rate of $1.1152 per share paid quarterly. The next ex-dividend date is June 22, 2026, with the most recent quarterly payment at $0.2332 per share. With a beta of 1.18, XLY carries above-average market sensitivity, making it a better fit for growth-and-income investors comfortable with price swings than for those seeking steady, high-yield income.

Dividend Safety

State Street Consumer Discretionary Select Sector SPDR ETF pays out dividends as a pass-through of income generated by its underlying holdings, making a traditional payout ratio not applicable (fund/ETF). State Street Consumer Discretionary Select Sector SPDR ETF dividend safety is therefore tied directly to the income distributions from its portfolio of U.S. consumer discretionary equities rather than a single company's earnings coverage. The primary pressure point is that consumer discretionary holdings are cyclically sensitive, and a broad economic slowdown can reduce the income passed through to XLY shareholders.

State Street Consumer Discretionary Select Sector SPDR ETF (XLY) Dividend Growth Rate, CAGR, and History

State Street Consumer Discretionary Select Sector SPDR ETF dividend history shows a CAGR of 9.4% per year from 2009 to 2025. Per-share payments grew from $0.2255 to $0.9480 over that window (2026 is a partial year and excluded from the growth calculation). The largest single-year jump in the window was 25.4% in 2012, though the history also contains at least one year-over-year decline exceeding 5%, so growth has not been linear.

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

Period	CAGR	From	To
3-Year	+13.7%	$0.64 (2022)	$0.95 (2025)
5-Year	+7.5%	$0.66 (2020)	$0.95 (2025)
10-Year	+5.4%	$0.56 (2015)	$0.95 (2025)

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

XLY fits growth-and-income investors who prioritize dividend growth over current yield from a diversified basket of U.S. consumer discretionary equities. The yield is low (below 2%) at 0.97%, and it sits below the fund's own 5-year average yield of 1.23%, meaning buyers today are getting less income per dollar invested than the historical norm. Four consecutive years of dividend increases and a 9.4% long-term CAGR are the real draw here. The trade-off is clear: an investor gains meaningful dividend growth potential but accepts a sub-1% starting yield and above-average price volatility reflected in a beta of 1.18.

Recent State Street Consumer Discretionary Select Sector SPDR ETF Dividend Payments

Payment Date	Amount per Share
2026-06-22	$0.2332
2026-03-23	$0.2156
2025-12-22	$0.2410
2025-09-22	$0.2125
2025-06-23	$0.2235
2025-03-24	$0.2710
2024-12-23	$0.2165
2024-09-23	$0.2025
2024-06-24	$0.1960
2024-03-18	$0.1935

State Street Consumer Discretionary Select Sector SPDR ETF Annual Dividend History

Year	Total Dividends
2026	$0.4488
2025	$0.9480
2024	$0.8085
2023	$0.6945
2022	$0.6445

Related Financial Services Dividend Stocks

• VTSAX — Vanguard Total Stock Market Index Fund Admiral Shares (1.05% yield)
• VFIAX — Vanguard 500 Index Fund Admiral Shares (1.06% yield)
• VOO — Vanguard S&P 500 ETF (1.07% yield)
• JPM — JPMorgan Chase & Co. (1.76% yield)
• IVV — iShares Core S&P 500 ETF (1.09% yield)
• FXAIX — Fidelity 500 Index Fund (1.04% yield)

Frequently Asked Questions

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

XLY pays dividends quarterly. The most recent payment was $0.2332 per share, with the next ex-dividend date set for June 22, 2026.

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

The current XLY dividend yield is 0.97%, which is below the fund's 5-year average yield of 1.23%. That gap means today's buyers are receiving less income per dollar invested than the historical average.

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

Yes, the available history shows year-over-year declines. Annual payments dropped from $0.6950 in 2016 to $0.5930 in 2017, a decline of more than 14%, and from $0.8015 in 2019 to lower levels in subsequent years within the data window.

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

XLY has grown its dividend at a compound annual growth rate (CAGR) of 9.4% per year from 2009 to 2025. Per-share payments rose from $0.2255 to $0.9480 over that period.

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

XLY is a low-yield fund at 0.97%, below its own 5-year average of 1.23%, so it does not suit investors prioritizing current income. Its 9.4% long-term dividend CAGR makes it more relevant to investors focused on dividend growth over time.

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

XLY fits growth-and-income investors who prioritize dividend growth over current yield. The fund's 9.4% long-term CAGR and 4 consecutive years of increases appeal to that profile, while the 0.97% yield and beta of 1.18 make it a poor match for income-focused or low-volatility investors.

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

The current yield of 0.97% is below the 5-year average of 1.23%. That 26-basis-point gap reflects a price level that has outpaced dividend growth over the recent period.

Latest XLY News

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