SPDR S&P Bank ETF (NYSEARCA:KBE) announced a — dividend on Friday, September 20th, Wall Street Journal reports. Investors of record on Monday, September 23rd will be given a dividend of 0.2649 per share by the exchange traded fund on Wednesday, September 25th. This represents a yield of 2.3%. The ex-dividend date is Friday, September 20th.
NYSEARCA:KBE traded down $0.38 during trading hours on Friday, hitting $43.56. The company had a trading volume of 3,044,293 shares, compared to its average volume of 2,529,911. The stock has a 50-day moving average price of $41.71 and a 200 day moving average price of $43.04. SPDR S&P Bank ETF has a 52 week low of $34.92 and a 52 week high of $49.23.
About SPDR S&P Bank ETF
SPDR KBW Bank ETF, formerly The SPDR S&P Bank ETF (the Fund), seeks to closely match the returns and characteristics of the S&P Banks Select Industry Index. The S&P Banks Select Industry Index is a float adjusted modified-market, capitalization-weighted index that seeks to reflect the performance of publicly traded companies that do business as banks or thrifts.
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