SmarterDividends
SPY

State Street SPDR S&P 500 ETF Trust

SPY

Stock · quarterly payer

$763.25

Add to Portfolio

Forward Yield

0.99%

Annual Dividend

$5.66

Payout Ratio

—

5-Yr Growth

5.1%

Ex-Date

—

Frequency

Quarterly

Key facts about SPY's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, State Street SPDR S&P 500 ETF Trust (SPY) has a forward dividend yield of 0.99%, based on an annual dividend of $5.66 per share and a share price of $763.25.
  • As of Oct 18, 2026, SPY's dividend safety grade from SmarterDividends is A (82 out of 100), which rates the dividend as very safe.
  • By SmarterDividends' count, State Street SPDR S&P 500 ETF Trust (SPY) has raised its dividend for 16 consecutive years as of Oct 18, 2026.
  • SPY last cut its regular dividend in 2009.
  • SPY's most recent ex-dividend date was Sep 18, 2026, for a dividend of $1.89 per share.
  • SPY's dividend has grown at an average rate of 5.1% a year over the past five years.
  • As of Oct 18, 2026, SPY's 0.99% yield is 28% below its five-year average yield of 1.38%.
  • State Street SPDR S&P 500 ETF Trust (SPY) pays its dividend quarterly, 4 times a year.
Cite this page

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

Summary

As of Oct 18, 2026, State Street SPDR S&P 500 ETF Trust (SPY) yields 0.99% ($5.66 a year per share), has a dividend safety grade of A (82/100) and has 16 consecutive years of dividend increases on record.

Is SPY a good dividend stock?

Yes

State Street SPDR S&P 500 ETF Trust (SPY) pays a quarterly dividend yielding 0.99% ($5.66/yr), with 16 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • 16 consecutive years of dividend growth
  • Strong 5.1% 5-yr dividend growth
  • 68% total price return over 5 years
  • Top-tier dividend safety score

Risks

  • Cut its dividend in 2009

Key Data

Dividend Yield
0.99%
Payout Ratio
—
Annual Dividend
$5.66
5-Yr Avg Growth
5.1%
Ex-Dividend Date
—
Years of Growth
16
Frequency
quarterly
Beta
—
Market Cap
—
P/E Ratio
24.2
5-Yr Total Return
68%
52-Week Range
$629.28 – $781.62
Dividend Safety
A · 82/100
Ever Cut?
Yes (2009)

SPY dividend changes

State Street SPDR S&P 500 ETF Trust (SPY) pays a variable dividend: across the 136 payments on record since 1993, 79 were higher than the one before and 33 lower. The latest change was up 6.0% to $1.90 per share, going ex-dividend on Jun 18, 2026.

Ex-dateChangeOld → newMove
Jun 18, 2026Higher$1.80 → $1.90+6.0%
Mar 20, 2026Lower$1.99 → $1.80−9.8%
Dec 19, 2025Higher$1.83 → $1.99+8.8%
Sep 19, 2025Higher$1.76 → $1.83+4.0%
Jun 20, 2025Higher$1.70 → $1.76+3.8%
Mar 21, 2025Lower$1.97 → $1.70−13.7%
Dec 20, 2024Higher$1.75 → $1.97+12.6%
Jun 21, 2024Higher$1.60 → $1.76+10.3%
Mar 15, 2024Higher$1.58 → $1.60+0.8%
Sep 15, 2023Lower$1.64 → $1.58−3.4%
Jun 16, 2023Higher$1.51 → $1.64+8.8%
Mar 17, 2023Lower$1.78 → $1.51−15.4%
Every SPY payment →Download every raise and cut (CSV)
SPY ex-dividend date & scheduleNext ex-date — · full ex-dividend historyView →SPY dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is SPY a good dividend stock?

Yes. State Street SPDR S&P 500 ETF Trust (SPY) pays a quarterly dividend yielding 0.99% ($5.66/yr), with 16 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is SPY's dividend safe?

SPY has a dividend-safety grade of A (82/100), based on its payout coverage, free-cash-flow, 16-year growth streak, a dividend cut in 2009, debt and yield-versus-history.

Is SPY a buy, hold, or sell?

We don't issue formal ratings, but on the data SPY screens as "yes". State Street SPDR S&P 500 ETF Trust (SPY) pays a quarterly dividend yielding 0.99% ($5.66/yr), with 16 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will SPY cut its dividend?

SPY earns a dividend-safety grade of A (82/100), and has cut its dividend before (last in 2009). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does SPY pay a dividend?

Yes. State Street SPDR S&P 500 ETF Trust pays a quarterly dividend of about $5.66 per share annually, a forward yield of roughly 0.99%.

What is SPY's dividend yield?

As of Oct 18, 2026, SPY's forward dividend yield is 0.99%, based on a $5.66 annual dividend and a $763.25 share price.

What is SPY's dividend per share?

As of Oct 18, 2026, SPY pays $5.66 per share per year, distributed on a quarterly basis.

How many years has SPY grown its dividend?

As of Oct 18, 2026, SPY has increased its dividend for 16 consecutive years.

When is the next SPY ex-dividend date?

As of Oct 18, 2026, SPY's next ex-dividend date hasn't been announced. The most recent was Sep 18, 2026, for $1.89 per share.

Income Calculator

At $5.66 / yr per share

Per payment (quarterly)$141.55
Annual$566.20
Monthly avg$47.18

Similar Dividend Stocks

NVDANVDANVIDIA Corporation0.47%TechnologyAAPLAAPLApple Inc.0.31%TechnologyGOOGLGOOGLAlphabet Inc.0.26%Communication ServicesGOOGGOOGAlphabet Inc.0.26%Communication Services

Compare SPY

SPY vs NVDASPY vs AAPLSPY vs GOOGLSPY vs GOOG

Explore more

Lists and tools related to SPY