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: Apr 21, 2026
Snapshot (as of Apr 21, 2026): State Street SPDR S&P Oil & Gas Exploration & Production ETF (XOP) pays a $3.25 annual dividend ($0.71 quarterly), yielding 1.99% at $163.54/share. Next ex-dividend date 2026-03-23. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 1.99%
Annual Dividend: $3.25 per share
Ex-Dividend Date: 2026-03-23
Dividend Frequency: quarterly
Sector: Financial Services
Years of Dividend History: 21
State Street SPDR S&P Oil & Gas Exploration & Production ETF dividend comes from a fund that tracks the S&P Oil & Gas Exploration & Production Select Industry Index, holding securities across the oil and gas exploration and production segment of the S&P Total Market Index. The trailing annual dividend rate stands at $1.39 per share, based on actual payments over the past twelve months. XOP currently yields 2.15%, placing it in moderate territory for income-focused investors. That yield, tied directly to distributions from underlying exploration and production holdings, makes this fund most relevant to dividend investors comfortable with the volatility inherent in commodity-linked equities.
State Street SPDR S&P Oil & Gas Exploration & Production ETF dividend safety depends on the aggregate distributions from the fund's underlying oil and gas exploration and production holdings, not on a single company's earnings, so payout ratio is not applicable (fund/ETF). The most significant data-supported pressure on the dividend is the history of sharp year-over-year swings: annual payments dropped from $2.66 in 2015 to $1.05 in 2018, a decline of more than 60% over three years, reflecting how directly XOP distributions track commodity-driven income from its index constituents.
State Street SPDR S&P Oil & Gas Exploration & Production ETF dividend history shows a CAGR of 6.9% per year from 2009 to 2025. Per-share payments grew from $1.13 to $3.30 over that window, though the path was far from linear. 2022 produced the largest single-year jump on record, a 117.4% increase, which alone accounts for a substantial portion of the long-run growth rate.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | -0.5% | $3.35 (2022) | $3.30 (2025) |
| 5-Year | +19.3% | $1.37 (2020) | $3.30 (2025) |
| 10-Year | +2.2% | $2.67 (2015) | $3.30 (2025) |
XOP fits dividend investors who want exposure to oil and gas exploration and production income and can tolerate wide swings in annual payouts. The current yield of 2.15% is moderate (2-4%), and without a 5-year average yield on record, there is no direct historical benchmark to judge whether today's level is elevated or compressed. What the data does show is that distributions can surge dramatically in strong commodity years and retreat just as sharply in weak ones. The trade-off is clear: an investor gets a fund with a 6.9% long-run dividend growth rate, but accepts the reality that any given year's payout could look nothing like the last.
| Payment Date | Amount per Share |
|---|---|
| 2026-03-23 | $0.7088 |
| 2025-12-22 | $0.9100 |
| 2025-09-22 | $0.8810 |
| 2025-06-23 | $0.7520 |
| 2025-03-24 | $0.7610 |
| 2024-12-23 | $0.8080 |
| 2024-09-23 | $0.8960 |
| 2024-06-24 | $0.7770 |
| 2024-03-18 | $0.7600 |
| 2023-12-18 | $1.0360 |
| Year | Total Dividends |
|---|---|
| 2026 | $0.7088 |
| 2025 | $3.3040 |
| 2024 | $3.2410 |
| 2023 | $3.5940 |
| 2022 | $3.3530 |
Project income from XOP with the XOP dividend calculator or track your full portfolio with the dividend tracker.