Communication Services Select Sector SPDR Fund (NYSEARCA:XLC) Announces $0.28 Quarterly Dividend

Communication Services Select Sector SPDR Fund (NYSEARCA:XLC) announced a quarterly dividend on Wednesday, December 31st. Investors of record on Monday, June 22nd will be given a dividend of 0.2837 per share on Wednesday, June 24th. This represents a c) dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Monday, June 22nd.

Communication Services Select Sector SPDR Fund Stock Performance

XLC stock opened at $109.45 on Friday. Communication Services Select Sector SPDR Fund has a fifty-two week low of $101.99 and a fifty-two week high of $120.40. The business’s 50-day moving average is $115.00 and its two-hundred day moving average is $115.50. The company has a market cap of $24.05 billion, a price-to-earnings ratio of 19.19 and a beta of 0.97.

Communication Services Select Sector SPDR Fund Company Profile

The Communication Services Select Sector SPDR Fund (XLC) is an exchange-traded fund that mostly invests in communication services equity. The fund tracks a market-cap-weighted index of US telecommunication and media & entertainment components of the S&P 500 index. XLC was launched on Jun 18, 2018 and is managed by State Street.