SPY pays a quarterly dividend, currently $1.9035 per share, for a trailing yield of 0.99%. The payment has been steady, ranging only from $1.7970 to $1.9934 per share over the past twelve months. SPY has made 135 declared distributions since March 1993.
Holdings and distributions sourced from SPDR fund filingsupdated daily
SPY sets a new ex-dividend date every quarter. To receive a distribution you must own shares before the market opens on that ex-dividend date. SPY has not declared its next distribution yet, so the figures above are the most recent one on record.
SPY dividend history
Every quarterly distribution with its ex-date, record date, payment date and amount. Figures come from the fund's own declarations, so nothing here is estimated.
| Ex-dividend date | Record date | Payment date | Amount | Change |
|---|---|---|---|---|
| Jun 18, 2026 | Jun 18, 2026 | Jul 31, 2026 | $1.9035 | +5.9% |
| Mar 20, 2026 | Mar 20, 2026 | Apr 30, 2026 | $1.7970 | -9.9% |
| Dec 19, 2025 | Dec 19, 2025 | Jan 30, 2026 | $1.9934 | +8.9% |
| Sep 19, 2025 | Sep 19, 2025 | Oct 31, 2025 | $1.8311 | +4.0% |
| Jun 20, 2025 | Jun 20, 2025 | Jul 31, 2025 | $1.7611 | +3.9% |
| Mar 21, 2025 | Mar 21, 2025 | Apr 30, 2025 | $1.6955 | -13.7% |
| Dec 20, 2024 | Dec 20, 2024 | Jan 31, 2025 | $1.9655 | +12.6% |
| Sep 20, 2024 | Sep 20, 2024 | Oct 31, 2024 | $1.7455 | -0.8% |
| Jun 21, 2024 | Jun 21, 2024 | Jul 31, 2024 | $1.7590 | +10.3% |
| Mar 15, 2024 | Mar 18, 2024 | Apr 30, 2024 | $1.5949 | -16.3% |
Is SPY's dividend sustainable?
Steady incomeSPY's payout has been consistent: the quarterly distribution has varied only 11% between its smallest and largest payment over the past twelve months. The annual distribution has grown about 5.1% a year over the past five years. Its NAV is up 256.9% over ten years, which suggests the income has not been eroding principal. This is an analysis of the fund's payment record, not a recommendation or a forecast of future distributions.
NAV trend (does the payout erode capital?)
10-year rangeUnlike some high-yield funds, SPY's NAV has held up since inception. The distribution has largely not come at the expense of principal. This is the key number to watch for any income ETF.
SPY quarterly income calculator
Live SPY dataBased on the current $1.90 quarterly rate. Actual distributions vary quarter to quarter.
Full calculator with DRIP & reinvestment
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Get The Add-in - FreeSPY frequently asked questions
SPY pays dividends quarterly, four times a year. Its declared history runs back to March 1993. See the SPY overview for expense ratio, holdings and returns.
No. SPY pays quarterly, not monthly. Every declared ex-dividend, record and payment date is in the history table above.
SPY's trailing-twelve-month dividend yield is about 0.99%, based on the last twelve months of distributions and the current price of $761.69. Annualising the most recent payment instead gives a forward yield of 1.00%. These figures move as distributions and price change.
SPY's distribution has been consistent over the past twelve months, varying only 11% between its smallest and largest payment. The annual total has grown roughly 5.1% a year over the past five years. The payout has increased in each of the last 16 complete calendar years. Past distributions are not a guarantee of future ones, and this is not investment advice.