Utilities Select Sector SPDR® Fund Dividends
The next dividend date for Utilities Select Sector SPDR® Fund has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Utilities Select Sector SPDR® Fund (XLU)
| Date | Declaration Date | Record Date | Payment Date | Amount |
|---|
| 06/23/2025 | 01/09/2025 | 06/23/2025 | 06/25/2025 | $0.56 |
| 03/24/2025 | 01/09/2025 | 03/24/2025 | 03/26/2025 | $0.56 |
| 12/23/2024 | 01/05/2024 | 12/23/2024 | 12/26/2024 | $0.63 |
| 09/23/2024 | 01/05/2024 | 09/23/2024 | 09/25/2024 | $0.54 |
| 06/24/2024 | 01/05/2024 | 06/24/2024 | 06/26/2024 | $0.56 |
| 03/18/2024 | 01/05/2024 | 03/19/2024 | 03/21/2024 | $0.52 |
| 12/18/2023 | 01/17/2023 | 12/19/2023 | 12/21/2023 | $0.60 |
| 09/18/2023 | 01/17/2023 | 09/19/2023 | 09/21/2023 | $0.52 |
| 06/20/2023 | 01/17/2023 | 06/21/2023 | 06/23/2023 | $0.54 |
| 03/20/2023 | 01/17/2023 | 03/21/2023 | 03/23/2023 | $0.49 |
| 12/19/2022 | 12/16/2022 | 12/20/2022 | 12/22/2022 | $0.57 |
| 09/19/2022 | 01/24/2022 | 09/20/2022 | 09/22/2022 | $0.50 |
| 06/21/2022 | 01/24/2022 | 06/22/2022 | 06/24/2022 | $0.52 |
| 03/21/2022 | 01/24/2022 | 03/22/2022 | 03/24/2022 | $0.47 |
| 12/20/2021 | 01/21/2021 | 12/21/2021 | 12/23/2021 | $0.55 |
| 09/20/2021 | 01/21/2021 | 09/21/2021 | 09/23/2021 | $0.50 |
| 06/21/2021 | 01/21/2021 | 06/22/2021 | 06/24/2021 | $0.49 |
| 03/22/2021 | 01/21/2021 | 03/23/2021 | 03/25/2021 | $0.46 |
| 12/21/2020 | 01/16/2020 | 12/22/2020 | 12/24/2020 | $0.52 |
| 09/21/2020 | 01/16/2020 | 09/22/2020 | 09/24/2020 | $0.50 |
| 06/22/2020 | 01/16/2020 | 06/23/2020 | 06/25/2020 | $0.48 |
| 03/23/2020 | 01/16/2020 | 03/24/2020 | 03/26/2020 | $0.47 |
| 12/20/2019 | 01/11/2019 | 12/23/2019 | 12/26/2019 | $0.50 |
| 09/20/2019 | 01/11/2019 | 09/23/2019 | 09/25/2019 | $0.49 |
| 06/21/2019 | 06/20/2019 | 06/24/2019 | 06/26/2019 | $0.49 |
| 03/15/2019 | 03/14/2019 | 03/18/2019 | 03/20/2019 | $0.43 |
| 12/21/2018 | 12/20/2018 | 12/24/2018 | 12/27/2018 | $0.46 |
| 09/21/2018 | 09/20/2018 | 09/24/2018 | 09/26/2018 | $0.48 |
| 06/15/2018 | 06/14/2018 | 06/18/2018 | 06/20/2018 | $0.44 |
| 03/16/2018 | 03/15/2018 | 03/19/2018 | 03/21/2018 | $0.39 |
| 12/15/2017 | 12/14/2017 | 12/18/2017 | 12/26/2017 | $0.51 |
| 09/15/2017 | 09/14/2017 | 09/18/2017 | 09/25/2017 | $0.42 |
| 06/16/2017 | 06/15/2017 | 06/20/2017 | 06/26/2017 | $0.44 |
| 03/17/2017 | 03/16/2017 | 03/21/2017 | 03/27/2017 | $0.39 |
| 12/16/2016 | 12/15/2016 | 12/20/2016 | 12/27/2016 | $0.46 |
| 09/16/2016 | 09/15/2016 | 09/20/2016 | 09/26/2016 | $0.42 |
| 06/17/2016 | 06/16/2016 | 06/21/2016 | 06/27/2016 | $0.41 |
| 03/18/2016 | 03/17/2016 | 03/22/2016 | 03/29/2016 | $0.37 |
| 12/18/2015 | 12/17/2015 | 12/22/2015 | 12/29/2015 | $0.45 |
| 09/18/2015 | 09/17/2015 | 09/22/2015 | 09/28/2015 | $0.40 |
| 06/19/2015 | 06/18/2015 | 06/23/2015 | 06/29/2015 | $0.39 |
| 03/20/2015 | 03/19/2015 | 03/24/2015 | 03/30/2015 | $0.35 |
| 12/19/2014 | 12/18/2014 | 12/23/2014 | 12/30/2014 | $0.42 |
| 09/19/2014 | 09/18/2014 | 09/23/2014 | 09/29/2014 | $0.38 |
| 06/20/2014 | 06/19/2014 | 06/24/2014 | 06/30/2014 | $0.37 |
| 03/21/2014 | 03/20/2014 | 03/25/2014 | 03/31/2014 | $0.34 |
| 12/20/2013 | 12/19/2013 | 12/24/2013 | 12/31/2013 | $0.40 |
| 09/20/2013 | 09/19/2013 | 09/24/2013 | 09/30/2013 | $0.37 |
| 06/21/2013 | 06/20/2013 | 06/25/2013 | 07/01/2013 | $0.37 |
| 03/15/2013 | 03/14/2013 | 03/19/2013 | 03/25/2013 | $0.33 |
| 12/21/2012 | 12/20/2012 | 12/26/2012 | 01/03/2013 | $0.40 |
| 09/21/2012 | --- | 09/25/2012 | 10/03/2012 | $0.38 |
| 06/15/2012 | --- | 06/19/2012 | 06/27/2012 | $0.34 |
| 03/16/2012 | --- | 03/20/2012 | 03/28/2012 | $0.32 |
| 12/16/2011 | --- | 12/20/2011 | 12/28/2011 | $0.39 |
| 09/16/2011 | --- | 09/20/2011 | 09/28/2011 | $0.34 |
| 06/17/2011 | --- | 06/21/2011 | 06/29/2011 | $0.33 |
| 03/18/2011 | --- | 03/22/2011 | 03/30/2011 | $0.30 |
| 12/17/2010 | --- | 12/21/2010 | 12/29/2010 | $0.37 |
| 09/17/2010 | --- | 09/21/2010 | 09/29/2010 | $0.32 |
| 06/18/2010 | --- | 06/22/2010 | 06/30/2010 | $0.32 |
| 03/19/2010 | --- | 03/23/2010 | 03/31/2010 | $0.27 |
| 12/18/2009 | --- | 12/22/2009 | 12/30/2009 | $0.37 |
| 09/18/2009 | --- | 09/22/2009 | 09/30/2009 | $0.31 |
| 06/19/2009 | --- | 06/23/2009 | 07/01/2009 | $0.32 |
| 03/20/2009 | --- | 03/24/2009 | 04/01/2009 | $0.28 |
| 12/19/2008 | --- | 12/23/2008 | 12/31/2008 | $0.36 |
| 09/19/2008 | --- | 09/23/2008 | 10/01/2008 | $0.30 |
| 06/20/2008 | --- | 06/24/2008 | 07/02/2008 | $0.31 |
| 03/20/2008 | --- | 03/25/2008 | 04/02/2008 | $0.27 |
| 12/21/2007 | --- | 12/26/2007 | 01/03/2008 | $0.33 |
| 09/21/2007 | --- | 09/25/2007 | 10/03/2007 | $0.28 |
| 06/15/2007 | --- | 06/19/2007 | 06/27/2007 | $0.28 |
| 03/16/2007 | --- | 03/20/2007 | 03/28/2007 | $0.21 |
| 12/15/2006 | --- | 12/19/2006 | 12/27/2006 | $0.34 |
| 09/15/2006 | --- | 09/19/2006 | 09/27/2006 | $0.27 |
| 06/16/2006 | --- | 06/20/2006 | 07/31/2006 | $0.27 |
| 03/17/2006 | --- | 03/21/2006 | 04/28/2006 | $0.24 |
| 12/16/2005 | --- | 12/20/2005 | 01/31/2006 | $0.29 |
| 09/16/2005 | --- | 09/20/2005 | 10/31/2005 | $0.25 |
| 06/17/2005 | --- | 06/21/2005 | 07/29/2005 | $0.25 |
| 03/18/2005 | --- | 03/22/2005 | 04/29/2005 | $0.22 |
| 12/17/2004 | --- | 12/21/2004 | 01/31/2005 | $0.26 |
| 09/17/2004 | --- | 09/21/2004 | 10/29/2004 | $0.21 |
| 06/18/2004 | --- | 06/22/2004 | 07/30/2004 | $0.21 |
| 03/19/2004 | --- | 03/23/2004 | 04/30/2004 | $0.20 |
| 12/19/2003 | --- | 12/23/2003 | 01/30/2004 | $0.21 |
| 09/19/2003 | --- | 09/23/2003 | 10/31/2003 | $0.20 |
| 06/20/2003 | --- | 06/24/2003 | 07/31/2003 | $0.19 |
| 03/21/2003 | --- | 03/25/2003 | 04/30/2003 | $0.20 |
| 12/20/2002 | --- | 12/24/2002 | 01/31/2003 | $0.23 |
| 09/20/2002 | --- | 09/24/2002 | 10/31/2002 | $0.23 |
| 06/21/2002 | --- | 06/25/2002 | 07/31/2002 | $0.24 |
| 03/15/2002 | --- | 03/19/2002 | 04/30/2002 | $0.22 |
| 12/21/2001 | --- | 12/26/2001 | 01/31/2002 | $0.22 |
| 09/21/2001 | --- | 09/25/2001 | 10/31/2001 | $0.23 |
| 06/15/2001 | --- | 06/19/2001 | 07/31/2001 | $0.22 |
| 03/16/2001 | --- | 03/20/2001 | 04/30/2001 | $0.22 |
| 12/18/2000 | --- | 12/20/2000 | 01/02/2001 | $0.25 |
| 12/15/2000 | --- | 12/19/2000 | 01/31/2001 | $0.24 |
| 09/15/2000 | --- | 09/19/2000 | 10/31/2000 | $0.25 |
| 06/16/2000 | --- | 06/20/2000 | 07/31/2000 | $0.22 |
| 03/17/2000 | --- | 03/21/2000 | 04/28/2000 | $0.20 |
| 12/20/1999 | --- | 12/22/1999 | 01/03/2000 | $0.18 |
| 09/17/1999 | --- | 09/21/1999 | 10/29/1999 | $0.22 |
| 06/18/1999 | --- | 06/22/1999 | 07/30/1999 | $0.19 |
| 03/19/1999 | --- | 03/23/1999 | 04/30/1999 | $0.19 |
More About Utilities Select Sector SPDR® Fund
In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes securities of companies from the following industries: electric utilities; water utilities; multi-utilities; independent power and renewable electricity producers; and gas utilities. The fund is non-diversified.
Owning Utilities Select Sector SPDR® Fund Stock on the Dividend Date
If you own Utilities Select Sector SPDR® Fund stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Utilities Select Sector SPDR® Fund stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Utilities Select Sector SPDR® Fund stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Utilities Select Sector SPDR® Fund stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Utilities Select Sector SPDR® Fund dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Utilities Select Sector SPDR® Fund Options on the Dividend Date
Unlike the stock price, which will normally have an abrupt decrease by the amount of the dividend on the ex-dividend date, option prices typically do not reflect the same phenomenon.
The reason is that in the time leading up to the ex-dividend date, that projected drop in Utilities Select Sector SPDR® Fund stock price from the dividend is already baked into Utilities Select Sector SPDR® Fund option prices.
That means the prices of call options that overlap the Utilities Select Sector SPDR® Fund ex-dividend date typically go down in the period leading up to the ex-dividend date.
The prices of put options that overlap the Utilities Select Sector SPDR® Fund ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Utilities Select Sector SPDR® Fund call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Utilities Select Sector SPDR® Fund put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Utilities Select Sector SPDR® Fund Dividends
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