SPDR S&P Transportation ETF Announces Quarterly Distribution of $0.1868

The SPDR S&P Transportation ETF (XTN) has declared a quarterly distribution of $0.1868 per share, with the payment scheduled for September 23 to shareholders on record as of September 21. The ex-dividend date is also set for September 21. As of September 17, the fund reported a 30-Day SEC Yield of 0.64%. This distribution reflects ongoing performance in an industry facing challenges such as tight capacity and driver shortages within trucking sectors. Additionally, shipping stocks have reached multi-year highs due to geopolitical tensions affecting global supply chains. The ETF is managed by State Street Corporation and tracks the S&P Transportation Select Industry Index.

By Deepa Sarvaiya, SA News Editor · Seeking Alpha ·

SPDR S&P Transportation ETF Announces Quarterly Distribution of $0.1868

Tickers: $XTN

Topics: dividends ETF transportation industry

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