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. You must purchase one day in advance of the ex-dividend date to receive the dividend payment in question. An investor purchasing the stock today would likely want to make sure he or she is eligible for the company’s next quarterly dividend payment. As such, investors need to purchase before the company’s ex-dividend date. Ted Janowsky, CFA, is a Vice President of SSGA and a Senior Portfolio Manager in the Global Equity Beta Solutions Group.
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. The Fund seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the Energy Select Sector Index. Under normal market conditions, the fund generally invests substantially all, but at least 95%, of its total assets in the securities comprising the Index.
It is likely that 3M will declare its final quarterly dividend payout of the year in November. Anyone who has placed trades before knows that cash is deposited to your account on the day that you sell shares. Often, this is simply because your broker is willing to front you the money in advance while they wait to receive money from the counter-party. Energy Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of the Energy Select Sector Index (the Index). The Index includes companies from the following industries oil, gas and consumable fuels, and energy equipment and services.
Dividend Range, Past 5 Years
Previously within GEBS, he served as a portfolio manager and product specialist for synthetic beta strategies, including commodities, buy/write, and hedge fund replication. Prior to joining GEBS, Mr. Schneider worked as a portfolio manager in SSGA’s Currency Management Group, managing both active currency selection and traditional passive hedging overlay portfolios. 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.
Certain financial information included in Dividend.com is proprietary to Mergent, Inc. (“Mergent”) Copyright © 2014. All stock quotes on this website should be considered as having a 24-hour delay. Helpful articles on different dividend investing options and how to best save, invest, and spend your hard-earned money. If you find a company that ranks favorably according to a proven system such as the Sure Analysis Research Database, buy some shares and focus on holding the stock over the long-term. 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.
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. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.
- 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.
- The most recent change in the company’s dividend was an increase of $1.6060 on Monday, December 23, 2019.
- XLE focuses on energy investments and follows the S&P Energy Select Sector Index.
- Click here to instantly download your free spreadsheet of all 67 Dividend Aristocrats now, along with important investing metrics.
Your account is set up to receive SSgA Active Trust – SSgA Energy Select Sector SPDR notifications. There are no upcoming dividends announced for SPDR Select Sector Fund – Energy Select Sector. 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. The easiest way to find this date is by looking directly on the company’s Investor Relations page, which can be easily found via a Google search. Click here to instantly download your free spreadsheet of all 67 Dividend Aristocrats now, along with important investing metrics.
Stock Sector Breakdown
As discussed above, the ex-dividend date determines whether it is the buyer or the seller who receives the dividend. Investors who purchase shares on or after the ex-dividend date will not be paid that quarter’s dividend. Income investors looking for quality dividend stocks should start with the Dividend Kings, a group of 50 stocks that bull bear power have raised their dividends for at least 50 consecutive years. Discover dividend stocks matching your investment objectives with our advanced screening tools. Schedule monthly income from dividend stocks with a monthly payment frequency. The payment date is the date on which corporate cash is actually paid to shareholder as a dividend.
There are no upcoming dividends for SPDR Select Sector Fund – Energy Select Sector. Additionally, make sure a company’s dividend is sustainable for the long run. This requires a company to have durable competitive advantages, a steadily profitable business model even during recessions, and a positive growth outlook. As investors, there are many other more important issues that we should be concerned with, instead of simply the timing that a specific company uses to pay its dividends. Or, investors can see AbbVie’s dividend history in the Stock Information portion of its Investor Relations page.
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The next SSgA Active Trust – SSgA Energy Select Sector SPDR dividend is expected to go ex in 3 months and to be paid in 3 months. The previous SSgA Active Trust – SSgA Energy Select Sector SPDR dividend was 67.36c and it went ex 13 days ago and it octafx overview was paid 10 days ago. There are typically 4 dividends per year (excluding specials). 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.
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Energy Select Sector SPDR Fund (XLE) Dividend Yield, Date & History
He has also earned the Chartered Financial Analyst (CFA) designation and is a member of the CFA Institute and the Boston Security Analysts Society. Learn more about dividend stocks, including information about important dividend dates, the advantages of dividend stocks, dividend yield, and much more in our financial education center. The record date is the date on which company management looks at their shareholder records to see who is eligible to receive the company’s future dividend payment.