SPY Dividend History & Yield Analysis

SPY has 60+ recorded dividend payments. Below is the full payout history with ex-dividend dates, pay dates, annual dividend totals and the current trailing and forward yield.

Yield & Payout Metrics

Dividend yield (TTM)
0.97%
Forward yield
0.99%
Dividend per share (TTM)
$7.53
Annualized rate
$7.62
Payout frequency
Quarterly
Last payment
$1.90
5-year dividend CAGR
5.05%
Consecutive growth years
16

Yields calculated against a market price of $772.67.

Annual Dividend History

  • 2026$3.70
  • 2025$7.28
  • 2024$7.07
  • 2023$6.63
  • 2022$6.32
  • 2021$5.71
  • 2020$5.69
  • 2019$5.62
  • 2018$5.10
  • 2017$4.80
  • 2016$4.54
  • 2015$4.21
  • 2014$3.84
  • 2013$3.35
  • 2012$3.10
  • 2011$2.58
  • 2010$2.27
  • 2009$2.18
  • 2008$2.72
  • 2007$2.70
  • 2006$2.45
  • 2005$2.15
  • 2004$2.20
  • 2003$1.63
  • 2002$1.50

SPY Payout History & Ex-Dividend Dates

SPY dividend payments with ex-dividend date, pay date and amount per share
Ex-dividend datePay dateAmount / share
2026-06-012026-06-18$1.90
2026-03-012026-03-20$1.80
2025-12-012025-12-19$1.99
2025-09-012025-09-19$1.83
2025-06-012025-06-20$1.76
2025-03-012025-03-21$1.70
2024-12-012024-12-20$1.97
2024-09-012024-09-20$1.75
2024-06-012024-06-21$1.76
2024-03-012024-03-15$1.59
2023-12-012023-12-15$1.91
2023-09-012023-09-15$1.58
2023-06-012023-06-16$1.64
2023-03-012023-03-17$1.51
2022-12-012022-12-16$1.78
2022-09-012022-09-16$1.60
2022-06-012022-06-17$1.58
2022-03-012022-03-18$1.37
2021-12-012021-12-17$1.63
2021-09-012021-09-17$1.43
2021-06-012021-06-18$1.38
2021-03-012021-03-19$1.28
2020-12-012020-12-18$1.58
2020-09-012020-09-18$1.34
2020-06-012020-06-19$1.37
2020-03-012020-03-20$1.41
2019-12-012019-12-20$1.57
2019-09-012019-09-20$1.38
2019-06-012019-06-21$1.43
2019-03-012019-03-15$1.23
2018-12-012018-12-21$1.44
2018-09-012018-09-21$1.32
2018-06-012018-06-15$1.25
2018-03-012018-03-16$1.10
2017-12-012017-12-15$1.35
2017-09-012017-09-15$1.24
2017-06-012017-06-16$1.18
2017-03-012017-03-17$1.03
2016-12-012016-12-16$1.33
2016-09-012016-09-16$1.08
2016-06-012016-06-17$1.08
2016-03-012016-03-18$1.05
2015-12-012015-12-18$1.21
2015-09-012015-09-18$1.03
2015-06-012015-06-19$1.03
2015-03-012015-03-20$0.9310
2014-12-012014-12-19$1.14
2014-09-012014-09-19$0.9390
2014-06-012014-06-20$0.9370
2014-03-012014-03-21$0.8250
2013-12-012013-12-20$0.9800
2013-09-012013-09-20$0.8380
2013-06-012013-06-21$0.8390
2013-03-012013-03-15$0.6940
2012-12-012012-12-21$1.02
2012-09-012012-09-21$0.7790
2012-06-012012-06-15$0.6880
2012-03-012012-03-16$0.6140
2011-12-012011-12-16$0.7700
2011-09-012011-09-16$0.6250

Does SPY pay dividends?

Yes. SPY pays on a quarterly schedule, most recently $1.90 per share with an ex-dividend date of 2026-06-01. To receive a payout you must own the shares before the ex-dividend date; buying on or after it means the previous holder collects that payment.

How the SPY yield is calculated

The trailing yield divides the last twelve months of dividends per share ($7.53) by the latest market price. The forward yield annualizes the most recent payment across 4 payments per year, which reacts faster after a dividend raise or cut. A rising yield is only good news when it comes from a growing payout rather than a falling share price — check the annual history above and the SPY DCF fair value page for the cash flow behind it.