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

The free dividend tracker to help you grow your wealth. Link your brokerage accounts and MerryDiv automatically syncs your holdings and dividends.

Data last updated: Aug 19, 2026

Snapshot (as of Aug 19, 2026): State Street Consumer Discretionary Select Sector SPDR ETF (XLY) pays a $1.12 annual dividend ($0.23 quarterly), yielding 0.96% at $116.36/share. Next ex-dividend date 2026-06-22. Source: Yahoo Finance, aggregated by MerryDiv.

Dividend Yield: 0.96%

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

State Street Consumer Discretionary Select Sector SPDR ETF dividend currently yields 0.93%, paid quarterly to shareholders tracking U.S. consumer discretionary equities. Launched in December 1998 and managed by SSGA Funds Management, XLY uses full replication to mirror the Consumer Discretionary Select Sector Index across growth and value stocks of diversified market capitalizations. The trailing annual dividend rate stands at $1.1152 per share, with the next ex-dividend date set for June 22, 2026. At a beta of 1.217, XLY carries above-average market sensitivity, making it a better fit for growth-and-income investors than for those seeking low-volatility 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, a payout ratio classified as not applicable (fund/ETF). State Street Consumer Discretionary Select Sector SPDR ETF dividend safety is therefore tied directly to the income distributions of the consumer discretionary companies it holds, not to a fixed corporate payout policy. The fund's beta of 1.217 means its underlying holdings move more than the broader market, which can pressure distributions during economic downturns when consumer spending contracts.

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

Over the past 16 years, 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 growth calculations). The largest single-year jump 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 want exposure to U.S. consumer discretionary equities and are willing to accept a low current yield in exchange for above-average dividend growth. The current yield of 0.93% is classified as low (below 2%) and sits below the fund's own 5-year average yield of 1.17%, meaning today's entry point delivers less income than the historical norm. Four consecutive years of dividend increases and a 9.4% long-run CAGR are the real draw here. The trade-off is clear: income today is modest, and the fund's beta of 1.217 adds volatility that pure income investors typically avoid.

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 (1.01% yield)
• VTI — Vanguard Morningstar Total Stock Market ETF (1.03% yield)
• VFIAX — Vanguard 500 Index Fund Admiral Shares (1.03% yield)
• VOO — Vanguard S&P 500 ETF (1.04% yield)
• JPM — JPMorgan Chase & Co. (1.65% yield)
• IVV — iShares Core S&P 500 ETF (1.06% yield)

Frequently Asked Questions

Does XLY pay dividends?

Yes, State Street Consumer Discretionary Select Sector SPDR ETF (XLY) pays a $0.23 quarterly dividend per share, yielding 0.96%.

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

XLY pays dividends quarterly. The last dividend amount was $0.2332 per share, with the next ex-dividend date scheduled for June 22, 2026.

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

The current XLY dividend yield is 0.93%, which is below the fund's 5-year average yield of 1.17%. That gap means today's income return is lower than what the fund has historically delivered.

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, and again from $0.8015 in 2019 to $0.6610 in 2020, among other down years in 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 16-year period.

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

XLY is characterized by low current yield (0.93%) and above-average dividend growth (9.4% CAGR). It fits growth-and-income investors prioritizing dividend appreciation, not investors who need high current income.

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

XLY suits growth-and-income investors who prioritize dividend growth over current yield. The 9.4% long-run CAGR and four consecutive years of increases appeal to investors willing to accept a 0.93% starting yield and a beta above 1.2.

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

The current yield of 0.93% is below the fund's 5-year average yield of 1.17%. Investors buying XLY stock today are getting less income relative to price than the fund's recent average.

Latest XLY News

• Can Auxly Cannabis (TSX:XLY) Turn Forecasts Into Growth? - Kalkine Media — Kalkine Media
• New Forecasts: Here's What Analysts Think The Future Holds For Auxly Cannabis Group Inc. (TSE:XLY) - simplywall.st — simplywall.st
• Auxly (TSX:XLY) Stock Price Faces Earnings Durability Questions After Rally - simplywall.st — simplywall.st

Project income from XLY with the XLY dividend calculator or track your full portfolio with the dividend tracker.