XLE Dividend History, Dates & Yield

Mr. Schneider holds a BS in finance and investments from Babson College and an MS in finance from Boston College. He has earned the Chartered Alternative Investment Analyst designation. This trading strategy invovles purchasing a stock just before the ex-dividend date in order to collect the dividend and then selling after the stock price has recovered.

• The payment date is the date on which corporate cash is actually paid to shareholder as a dividend.
• Please do your own homework and accept full responsibility for any investment decisions you make.
• This trading strategy invovles purchasing a stock just before the ex-dividend date in order to collect the dividend and then selling after the stock price has recovered.
• This requires a company to have durable competitive advantages, a steadily profitable business model even during recessions, and a positive growth outlook.
• Companies that pay dividends tend to have consistent positive net income.

Upgrade to MarketBeat All Access to add more stocks to your watchlist. The most recent change in the company’s dividend was an increase of $1.6060 on Monday, December 23, 2019. Generate fixed income from corporates that prioritize environmental, social and governance responsibility. You must be a shareholder on or before the next ex-dividend date to receive the upcoming dividend. Customized to investor preferences for risk tolerance and income vs returns mix.

XLE Dividend Yield Over Time

While dividends are in no way guaranteed, it is generally a goal of company management to grow their dividend payments over time. This is a shareholder-friendly activity that is seen as a sign of underlying business strength, and is certainly discussed in great detail at Board of Directors meetings. The declaration date is the date on which the company’s Board of Directors announces the next dividend payment to shareholders. It is simply an announcement – no dividends are paid on the declaration date. As discussed above, the ex-dividend date determines whether it is the buyer or the seller who receives the dividend.

• You invest in a dividend paying stock, and then the dividends end up in your brokerage account when payments are made (typically quarterly).
• In addition, Mr. Feehily is a member of the Senior Management Group.
• The reason why the ex-dividend date is two days earlier than the record date is because it takes three days for a trade to ‘settle’ – for cash and shares to legally trade hands.
• ETFs and funds that prioritize investments based on environmental, social and governance responsibility.

The next SSgA Active Trust – SSgA Energy Select Sector SPDR dividend is expected to go ex in 2 months and to be paid in 2 months. The previous SSgA Active Trust – SSgA Energy Select Sector SPDR dividend was 67.36c and it went ex 28 days ago and it was paid 25 days ago. There are typically 4 dividends per year (excluding specials). The Dividend Aristocrats and Dividend Kings lists are not the only way to quickly screen for stocks that regularly pay rising dividends. Additionally, make sure a company’s dividend is sustainable for the long run.

While the company’s Investor Relations page might not be the first result, it is still on the first page of the search engine and thus very easy to find. 3M has paid dividends for over a century, and has increased its dividend each year for the past 60 years in a row. AbbVie’s Investor Relations site reveals that the company’s next ex-dividend date top 5 most accurate intraday trading indicators is in mid-July. Investors should become familiar with all four terms before buying a dividend stock, as being able to identify these dates will help avoid any potential confusion. Mr. Feehily, CFA, is a Managing Director of SSGA and the Adviser and Co-Head of Passive Equity Strategies in North America in the Global Equity Beta Solutions Group.

XLE Stock Price Chart Interactive Chart >

Investors who purchase shares on or after the ex-dividend date will not be paid that quarter’s dividend. Ted Janowsky, CFA, is a Vice President of SSGA and a Senior Portfolio Manager in the Global Equity Beta Solutions Group. In this capacity, he manages a diverse group of equity and derivative-based index portfolios and has played a significant role designing proprietary portfolio management software. Prior to joining the Global Equity Beta Solutions Group, he worked as an application developer in Investor Technology Services within State Street Corporation. He also worked as a business analyst in State Street’s London and Sydney offices. Mr. Janowsky holds a Bachelor of Science in Business Administration from Bucknell University and a Master of Business Administration from the Carroll School of Management at Boston College.

To see all exchange delays and terms of use, please see disclaimer. Many companies also offer a Dividend ReInvestment Plan (or a DRIP, for short). These plans allow investors to use dividends to purchase more company shares. The payment date is the date on which corporate cash is actually paid to shareholder as a dividend. Depending on the medium through which you own your shares, dividends may be mailed to you as a check, wired into your bank account, or deposited into your brokerage account as cash. This is why you must purchase three days in advance of the record date (or one day in advance of the ex-dividend date) to receive the dividend payment in question.

What date did I need to own SPDR Select Sector Fund – Energy Select Sector (XLE) stock to get the latest dividend?

Buying the company’s stock on the record date does not mean that you will receive the company’s next dividend. When shares trade hands, they actually do so on the actual purchase date, even though the formal settlement date is typically delayed by a few days time. For dividend purposes, the purchase date can make a difference.

XLE – Fund Manager Analysis

The dividend schedule below includes dividend amounts, payment dates and ex-dividend dates for SPDR Select Sector Fund – Energy Select Sector. SPDR Select Sector Fund – Energy Select Sector issues dividends to shareholders from excess cash the company generates. Most companies pay dividends on a quarterly basis, but dividends may also be paid monthly, annually or at irregular intervals. The 5-year average annualized dividend growth rate of SPDR Select Sector Fund – Energy Select Sector is 6.62%. Based on the trailing twelve months, the year-over-year dividend growth rate is 14.45%. The dividend yield measures the ratio of dividends paid / share price.

It is likely that 3M will declare its final quarterly dividend payout of the year in November. Practically speaking, the most important date for dividend investors to be aware of is the ex-dividend date. This date, which is two days before the record date, has much greater implications for portfolio management. Income investors looking legacyfx forex broker review for quality dividend stocks should start with the Dividend Kings, a group of 50 stocks that have raised their dividends for at least 50 consecutive years. Schedule monthly income from dividend stocks with a monthly payment frequency. Discover dividend stocks matching your investment objectives with our advanced screening tools.

Energy Select Sector SPDR Fund’s most recent quarterly dividend payment of $2.1993 per share was made to shareholders on Friday, January 3, 2020. Karl Schneider, CAIA, is a Vice President of SSGA and SSGA FM, and Head of U.S. Previously within GEBS, he served as a portfolio manager and product specialist for synthetic beta strategies, including commodities, buy/write, and hedge fund replication.

Is the SPDR Select Sector Fund – Energy Select Sector (XLE) dividend sustainable?

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Helpful articles on different dividend investing options and how to best save, invest, and spend your hard-earned money. SPDR Select Sector Fund – Energy Select Sector has no upcoming dividends reported. The last reported dividend for SPDR Select Sector Fund – Energy Select Sector (XLE) was $0.71 and was paid out on June 23, 2023. Add SSgA Active Trust – SSgA Energy Select Sector SPDR to receive free notifications when they declare their dividends.

Or, investors can see AbbVie’s dividend history in the Stock Information portion of its Investor Relations page. There, investors will find that AbbVie has declared four dividend payouts of $1.48 per share so far this year, for a total of $5.92 per share for 2023, after paying out $5.64 per share in 2022. XLE has image manipulation a dividend yield of 3.39% and paid $3.03 per share in the past year. There are no upcoming dividends for SPDR Select Sector Fund – Energy Select Sector (XLE). The last dividend paid out to investors was $0.71 on June 23, 2023. There are no upcoming dividends for SPDR Select Sector Fund – Energy Select Sector.