Health Care Select Sector SPDR Fund (NYSEARCA:XLV) to Issue Dividend Increase – $0.66 Per Share

Health Care Select Sector SPDR Fund (NYSEARCA:XLV – Get Free Report) declared a quarterly dividend on Wednesday, December 31st. Shareholders of record on Monday, June 22nd will be paid a dividend of 0.6563 per share by the exchange traded fund on Wednesday, June 24th. This represents a c) dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Monday, June 22nd. This is a 10.4% increase from Health Care Select Sector SPDR Fund’s previous quarterly dividend of $0.59.

Health Care Select Sector SPDR Fund Stock Performance

Shares of NYSEARCA:XLV opened at $149.40 on Friday. Health Care Select Sector SPDR Fund has a 52 week low of $127.96 and a 52 week high of $160.59. The company’s fifty day moving average is $148.10 and its 200-day moving average is $151.86. The company has a market capitalization of $39.16 billion, a PE ratio of 21.15 and a beta of 0.58.

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About Health Care Select Sector SPDR Fund

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Health Care Select Sector SPDR Fund (the Fund) seeks to closely match the returns and characteristics of the S&P Health Care Select Sector Index (the Index). The companies included in the Index are selected on the basis of general industry classification from a universe of companies defined by the Standard & Poor’s 500 Composite Stock Index (S&P 500). The Health Care Select Sector Index includes companies from the industries, such as pharmaceuticals, healthcare providers and services, healthcare equipment and supplies, biotechnology, life sciences tools and services, and healthcare technology.

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