Select Sector SPDR Trust - The Materials Select Sector SPDR Fund Dividend
Dividend criteria checks 0/6
Select Sector SPDR Trust - The Materials Select Sector SPDR Fund is a dividend paying company with a current yield of 1.68%.
Key information
1.7%
Dividend yield
13%
Payout ratio
| Industry average yield | 5.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$1.627 |
| Earnings per share | US$14.16 |
| Dividend yield forecast | n/a |
Recent dividend updates
No updates
Recent updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: XLB is not paying a notable dividend for the PE market, therefore no need to check if payments are stable.
Growing Dividend: XLB is not paying a notable dividend for the PE market, therefore no need to check if payments are increasing.
Dividend Yield vs Market
| Select Sector SPDR Trust - The Materials Select Sector SPDR Fund Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (XLB) | 1.7% |
| Market Bottom 25% (PE) | 4.1% |
| Market Top 25% (PE) | 13.8% |
| Industry Average (Capital Markets) | 5.9% |
| Analyst forecast (XLB) (up to 3 years) | n/a |
Notable Dividend: XLB's dividend (1.68%) isn’t notable compared to the bottom 25% of dividend payers in the PE market (4.08%).
High Dividend: XLB's dividend (1.68%) is low compared to the top 25% of dividend payers in the PE market (13.82%).
Earnings Payout to Shareholders
Earnings Coverage: XLB is not paying a notable dividend for the PE market.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate XLB's cash payout ratio to determine if its dividend payments are covered by cash flows.