SmarterDividends
MDY

State Street SPDR S&P MIDCAP 400 ETF Trust

MDY

Stock · quarterly payer

$659.87

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Forward Yield

1.06%

Annual Dividend

$6.81

Payout Ratio

—

5-Yr Growth

8.0%

Ex-Date

—

Frequency

Quarterly

Key facts about MDY's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, State Street SPDR S&P MIDCAP 400 ETF Trust (MDY) has a forward dividend yield of 1.06%, based on an annual dividend of $6.81 per share and a share price of $659.87.
  • As of Oct 18, 2026, MDY's dividend safety grade from SmarterDividends is C (63 out of 100), which rates the dividend as borderline.
  • By SmarterDividends' count, State Street SPDR S&P MIDCAP 400 ETF Trust (MDY) has raised its dividend for 5 consecutive years as of Oct 18, 2026.
  • MDY last cut its regular dividend in 2025.
  • MDY's most recent ex-dividend date was Sep 18, 2026, for a dividend of $1.60 per share.
  • MDY's dividend has grown at an average rate of 8.0% a year over the past five years.
  • State Street SPDR S&P MIDCAP 400 ETF Trust (MDY) pays its dividend quarterly, 4 times a year.
Cite this page

SmarterDividends, "MDY Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/MDY

Summary

As of Oct 18, 2026, State Street SPDR S&P MIDCAP 400 ETF Trust (MDY) yields 1.06% ($6.81 a year per share), has a dividend safety grade of C (63/100) and has 5 consecutive years of dividend increases on record.

Is MDY a good dividend stock?

Yes, with caveats

State Street SPDR S&P MIDCAP 400 ETF Trust (MDY) pays a quarterly dividend yielding 1.06% ($6.81/yr), with 5 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Strong 8.0% 5-yr dividend growth

Risks

  • Cut its dividend in 2025

Key Data

Dividend Yield
1.06%
Payout Ratio
—
Annual Dividend
$6.81
5-Yr Avg Growth
8.0%
Ex-Dividend Date
—
Years of Growth
5
Frequency
quarterly
Beta
—
Market Cap
—
P/E Ratio
20.0
5-Yr Total Return
34%
52-Week Range
$568.21 – $717.35
Dividend Safety
C · 63/100
Ever Cut?
Yes (2025)

MDY dividend changes

State Street SPDR S&P MIDCAP 400 ETF Trust (MDY) pays a variable dividend: across the 127 payments on record since 1995, 68 were higher than the one before and 28 lower. The latest change was up 5.8% to $1.60 per share, going ex-dividend on Sep 18, 2026.

Ex-dateChangeOld → newMove
Sep 18, 2026Higher$1.52 → $1.60+5.8%
Mar 20, 2026Lower$2.18 → $1.52−30.6%
Dec 19, 2025Higher$1.62 → $2.18+34.9%
Sep 19, 2025Higher$1.31 → $1.62+23.8%
Mar 21, 2025Lower$2.08 → $1.31−37.1%
Dec 20, 2024Higher$2.00 → $2.08+4.2%
Jun 21, 2024Higher$1.89 → $2.00+5.6%
Dec 15, 2023Higher$1.56 → $1.89+21.6%
Sep 15, 2023Higher$1.51 → $1.56+2.8%
Jun 16, 2023Higher$1.19 → $1.51+26.8%
Mar 17, 2023Lower$1.67 → $1.19−28.4%
Dec 16, 2022Higher$1.40 → $1.67+18.8%
Every MDY payment →Download every raise and cut (CSV)
MDY ex-dividend date & scheduleNext ex-date — · full ex-dividend historyView →MDY dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is MDY a good dividend stock?

Yes, with caveats. State Street SPDR S&P MIDCAP 400 ETF Trust (MDY) pays a quarterly dividend yielding 1.06% ($6.81/yr), with 5 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Is MDY's dividend safe?

MDY has a dividend-safety grade of C (63/100), based on its payout coverage, free-cash-flow, 5-year growth streak, a dividend cut in 2025, debt and yield-versus-history.

Is MDY a buy, hold, or sell?

We don't issue formal ratings, but on the data MDY screens as "yes, with caveats". State Street SPDR S&P MIDCAP 400 ETF Trust (MDY) pays a quarterly dividend yielding 1.06% ($6.81/yr), with 5 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will MDY cut its dividend?

MDY earns a dividend-safety grade of C (63/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does MDY pay a dividend?

Yes. State Street SPDR S&P MIDCAP 400 ETF Trust pays a quarterly dividend of about $6.81 per share annually, a forward yield of roughly 1.06%.

What is MDY's dividend yield?

As of Oct 18, 2026, MDY's forward dividend yield is 1.06%, based on a $6.81 annual dividend and a $659.87 share price.

What is MDY's dividend per share?

As of Oct 18, 2026, MDY pays $6.81 per share per year, distributed on a quarterly basis.

How many years has MDY grown its dividend?

As of Oct 18, 2026, MDY has increased its dividend for 5 consecutive years.

When is the next MDY ex-dividend date?

As of Oct 18, 2026, MDY's next ex-dividend date hasn't been announced. The most recent was Sep 18, 2026, for $1.60 per share.

Income Calculator

At $6.81 / yr per share

Per payment (quarterly)$170.25
Annual$681.00
Monthly avg$56.75

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