Utilities Select Sector SPDR Fund (XLU)
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| June 25, 2025 | $0.56 | 2025-06-23 | 2025-06-23 |
| March 26, 2025 | $0.56 | 2025-03-24 | 2025-03-24 |
| December 26, 2024 | $0.63 | 2024-12-23 | 2024-12-23 |
| September 25, 2024 | $0.54 | 2024-09-23 | 2024-09-23 |
| June 26, 2024 | $0.56 | 2024-06-24 | 2024-06-24 |
Dividends Summary
- Utilities Select Sector SPDR Fund has issued 74 dividend payments over the past 18 years
- The most recent dividend was paid 87 days ago, on June 25, 2025
- The highest dividend payed out to investors during this period was $0.627989 per share
- The average dividend paid during this period was $0.42 per share.
Company News
The growing AI industry is expected to dramatically increase electricity demand, with data center power consumption projected to more than double by 2030. Utilities, renewable energy, and power generation companies are positioned to benefit from this emerging trend.
Black Hills and NorthWestern Energy announced an all-stock merger creating a $7.8 billion regulated utility company serving 2.1 million customers across eight states, with plans to enhance infrastructure and investment capabilities.
American Electric Power (AEP) reported strong Q2 earnings, beating analyst expectations with $1.43 EPS and $5.06 billion revenue. The company secured 24 gigawatts of new customer load by 2030 and plans a $70 billion capital investment, positioning itself as an attractive utility stock with a consistent dividend.
Economists have raised the probability of a U.S. recession within the next 12 months, citing a disappointing jobs report and market volatility. However, JPMorgan Chase CEO Jamie Dimon believes the U.S. economy has not entered a recession, though the odds of one are more likely than not. Investors are advised to consider defensive sectors like quality, consumer staples, healthcare, and utilities to navigate the uncertain environment.