Technology Select Sector SPDR Fund (XLK) To Go Ex-Dividend on June 22nd

Technology Select Sector SPDR Fund (NYSEARCA:XLK) declared a quarterly dividend on Friday, January 2nd. Investors of record on Monday, June 22nd will be given a dividend of 0.2279 per share by the exchange traded fund on Wednesday, June 24th. This represents a c) annualized dividend and a yield of 0.5%. The ex-dividend date is Monday, June 22nd. This is a 36.1% increase from Technology Select Sector SPDR Fund’s previous quarterly dividend of $0.17.

Technology Select Sector SPDR Fund Price Performance

NYSEARCA XLK remained flat at $191.44 on Friday. The company’s stock had a trading volume of 12,034,279 shares, compared to its average volume of 16,499,701. Technology Select Sector SPDR Fund has a 52-week low of $119.38 and a 52-week high of $198.73. The firm’s 50-day moving average is $173.07 and its 200-day moving average is $152.72. The firm has a market capitalization of $124.10 billion, a price-to-earnings ratio of 35.59 and a beta of 1.34.

About Technology Select Sector SPDR Fund

The Technology Select Sector SPDR Fund is an exchange-traded fund that aims to track, before fees and expenses, the performance of the Technology Select Sector Index. The index is designed to represent the technology companies within the S&P 500 and provides concentrated exposure to industries such as software, semiconductors, IT services, communications equipment, and technology hardware.