SPDR S&P 500 ETF Trust Dividends and Buybacks
Dividend criteria checks 4/6
SPDR S&P 500 ETF Trust is a dividend paying company with a current yield of 1.23% that is well covered by earnings.
Key information
1.2%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -3.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AR$7.178k |
| Payout ratio | 6% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SPY's dividends per share have been stable in the past 10 years.
Growing Dividend: SPY's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| SPDR S&P 500 ETF Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SPY) | 1.2% |
| Market Bottom 25% (AR) | 0.6% |
| Market Top 25% (AR) | 2.7% |
| Industry Average (Capital Markets) | 6.8% |
| Analyst forecast (SPY) (up to 3 years) | n/a |
Notable Dividend: SPY's dividend (1.23%) is higher than the bottom 25% of dividend payers in the AR market (0.59%).
High Dividend: SPY's dividend (1.23%) is low compared to the top 25% of dividend payers in the AR market (2.75%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (5.8%), SPY's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate SPY's cash payout ratio to determine if its dividend payments are covered by cash flows.