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Data last updated: Sep 28, 2026
Snapshot (as of Sep 28, 2026): State Street Consumer Discretionary Select Sector SPDR ETF (XLY) pays a $0.93 annual dividend ($0.24 quarterly), yielding 0.84% at $110.56/share. Next ex-dividend date 2026-09-21. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 0.84%
Annual Dividend: $0.93 per share
Ex-Dividend Date: 2026-09-21
Dividend Frequency: quarterly
Sector: Financial Services
Years of Dividend History: 28
State Street Consumer Discretionary Select Sector SPDR ETF dividend currently yields 1.03%, paid quarterly at $1.1465 per share on a trailing annual basis. Launched in 1998 and managed by SSGA Funds Management, XLY tracks the Consumer Discretionary Select Sector Index using full replication, holding U.S. equities across the consumer discretionary sector and a range of market capitalizations. The next ex-dividend date is September 21, 2026, with the last payment of $0.2441 per share. With a beta of 1.215, XLY stock carries above-average market sensitivity, making it a better fit for growth-and-income investors than for those seeking low-volatility income.
State Street Consumer Discretionary Select Sector SPDR ETF pays out dividends as a pass-through of income from 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 generated by its portfolio of U.S. consumer discretionary equities, which can fluctuate with sector earnings and market conditions. The most significant pressure point is the fund's beta of 1.215: consumer discretionary holdings tend to be cyclically sensitive, meaning dividend distributions can vary meaningfully from year to year as underlying company earnings shift.
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 $0.9481 over that period (2026 is a partial year and excluded from the growth calculation). The largest single-year jump was 25.4% in 2012. The window also contains at least one year-over-year decline exceeding 5%, so growth has not been linear. That 9.4% long-run rate is meaningful for income investors focused on purchasing power, but the year-to-year variability is a real characteristic of this fund's distribution pattern.
| 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) |
XLY fits growth-and-income investors who prioritize dividend growth over current yield, not those who need high income today. The yield is low (below 2%) at 1.03%, though that is above the fund's own 5-year average of 0.66%, which means current income is relatively elevated by XLY's own standards. The 9.4% annual growth rate from 2009 to 2025 is the real draw here. What an investor gets is exposure to U.S. consumer discretionary equities with a dividend that has grown meaningfully over time. The trade-off is a low starting yield, above-average market sensitivity (beta of 1.215), and distributions that can decline in weaker years.
| Payment Date | Amount per Share |
|---|---|
| 2026-09-21 | $0.2441 |
| 2026-06-22 | $0.2332 |
| 2026-03-23 | $0.2156 |
| 2025-12-22 | $0.2409 |
| 2025-09-22 | $0.2127 |
| 2025-06-23 | $0.2235 |
| 2025-03-24 | $0.2710 |
| 2024-12-23 | $0.2166 |
| 2024-09-23 | $0.2023 |
| 2024-06-24 | $0.1959 |
| Year | Total Dividends |
|---|---|
| 2026 | $0.6929 |
| 2025 | $0.9481 |
| 2024 | $0.8083 |
| 2023 | $0.6950 |
| 2022 | $0.6445 |
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