STOCK DIVIDEND AND STOCK SPLIT
The most common method for companies to distribute wealth among shareholders is to pay dividends in the form of cash or stock. When a company has a low level of liquid cash on hand, stock dividends are typically issued in lieu of cash dividends. It is the board of directors that decides whether a dividend should be declared and in what form it should be distributed. Dividend yield is also a financial ratio that shows how much a company pays out in dividends on its shares each year, which is something investors look for in a stock.
Dividend Rate
Trailing Annual Dividend Rate
-
Forward Annual Dividend Rate
-
Yield
Trailing Annual Dividend Yield
N/A
Forward Annual Dividend Yield
N/A
Dividend Date
Dividend Date
Mar 26, 2025
Ex-dividend Date
Mar 24, 2025
N/A %
N/A
Dividend History
| Announced | Amount | Ex-Dividend Date | Record Date | Payment Date |
|---|---|---|---|---|
| Jan 09, 2025 | 0.005 | Mar 24, 2025 | Mar 24, 2025 | Mar 26, 2025 |
| Jan 02, 2024 | 0.115 | Jun 24, 2024 | Jun 24, 2024 | Jun 26, 2024 |
| Jan 17, 2023 | 0.003 | Jun 20, 2023 | Jun 21, 2023 | Jun 23, 2023 |
| Jan 21, 2021 | 0.04 | Mar 22, 2021 | Mar 23, 2021 | Mar 25, 2021 |
| Jan 15, 2020 | 0.089 | Sep 21, 2020 | Sep 22, 2020 | Sep 24, 2020 |
| Jan 11, 2019 | 0.001 | Dec 20, 2019 | Dec 23, 2019 | Dec 26, 2019 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Sep 11, 2015 | 3:1 | +3.13% | -0.50% |
Frequently Asked Questions
Is State Street SPDR S&P Biotech ETF (XBI) a dividend paying company?
In a company, dividends are a portion of profits paid out to shareholders - investors getting a little bit back on their investment. In particular, dividends benefit investors, especially income-seeking investors, because they provide mutual benefits both to companies and investors. Dividends are a strong indicator for a company's ability to produce profits consistently and reflect favorably on its management. State Street SPDR S&P Biotech ETF is also among the companies that regularly pay dividends.
What is XBI's dividend yield?
Many factors affect dividend yields, including global market conditions, interest rates, and the financial status of an individual company.However, the average dividend yield for a good company is between 2% and 6%. XBI's annual dividend yield for the trailing 12 months is N/A.
When did XBI last pay a dividend?
XBI last paid dividends on 2025-03-26, with the ex-dividend date being 2025-03-24.
When was the last time XBI stock split?
XBI stock split took place on 11-09-2015.
How did XBI's stock split work?
Its last split took place on Sep 11, 2015, when State Street SPDR S&P Biotech ETF went through a 3:1 split leaving the shareholder with 3 share(s) who previously owned 1 XBI share(s).