State Street SPDR S&P 500 ETF Trust (SPY) Dividend History
DivTrkr holds 135 recorded SPY dividend payments, running from March 19, 1993 to June 18, 2026 — 34 calendar years. Together those payments total $111.49 per share. SPY has most often paid quarterly.
SPY has increased its payment rate for 5 consecutive complete years.
Over the last five complete years the SPY payment rate compounded at +5.3% a year, and +5.7% a year over the last ten. That is what the payments actually did; it is not a forecast.
Across 34 years of recorded history, SPY's payment rate has never fallen materially from one complete year to the next.
SPY is a fund, so its distribution is set from what the strategy earned in the period rather than by a board committing to a rate — payments move around by design. Only declines steeper than 25% are treated as material here, because smaller swings are routine rather than a change of policy.
SPY dividends by year
| Year | Total paid per share | Payments | Median payment | Growth |
|---|---|---|---|---|
| 2025 | $7.28 | 4 | $1.80 | +2.5% |
| 2024 | $7.07 | 4 | $1.75 | +8.8% |
| 2023 | $6.63 | 4 | $1.61 | +1.5% |
| 2022 | $6.32 | 4 | $1.59 | +13.2% |
| 2021 | $5.71 | 4 | $1.40 | +1.2% |
| 2020 | $5.69 | 4 | $1.39 | -1.6% |
| 2019 | $5.62 | 4 | $1.41 | +9.6% |
| 2018 | $5.10 | 4 | $1.28 | +6.2% |
| 2017 | $4.80 | 4 | $1.21 | +11.9% |
| 2016 | $4.54 | 4 | $1.08 | +4.7% |
| 2015 | $4.21 | 4 | $1.03 | +10.0% |
| 2014 | $3.84 | 4 | $0.938 | +11.9% |
| 2013 | $3.35 | 4 | $0.839 | +14.3% |
| 2012 | $3.10 | 4 | $0.734 | +17.1% |
| 2011 | $2.58 | 4 | $0.627 | +10.6% |
| 2010 | $2.27 | 4 | $0.567 | +5.0% |
| 2009 | $2.18 | 4 | $0.540 | -20.7% |
| 2008 | $2.72 | 4 | $0.680 | -1.1% |
| 2007 | $2.70 | 4 | $0.688 | +21.3% |
| 2006 | $2.45 | 4 | $0.567 | +12.3% |
| 2005 | $2.15 | 4 | $0.505 | — |
| 2004 | $2.20 | 5 (timing) | $0.414 | — |
| 2003 | $1.63 | 4 | $0.380 | +4.0% |
| 2002 | $1.50 | 4 | $0.365 | +2.2% |
| 2001 | $1.42 | 4 | $0.357 | -4.2% |
| 2000 | $1.50 | 4 | $0.373 | +3.6% |
| 1999 | $1.44 | 4 | $0.360 | +1.3% |
| 1998 | $1.42 | 4 | $0.355 | +1.9% |
| 1997 | $1.38 | 4 | $0.349 | -0.7% |
| 1996 | $1.35 | 4 | $0.351 | +11.9% |
| 1995 | $1.28 | 4 | $0.314 | +5.9% |
| 1994 | $1.23 | 4 | $0.296 | -1.7% |
| 1993 | $1.13 | 4 | $0.301 | — |
How this growth is measured
Year-over-year growth here compares each year's median payment with the year before, not the calendar-year total. Ex-dividend dates drift, so a quarterly payer can book five ex-dates in one calendar year and four in the next. Comparing raw yearly totals would show a phantom cut of around 25% in a year where the company did nothing but pay slightly earlier. Using the median payment removes that distortion, and also ignores one-off special dividends.
Years marked “timing” booked a different number of payments than SPY's usual cadence, so their total is not directly comparable with neighbouring years.
Recent SPY dividend payments
| Ex-dividend date | Amount per share |
|---|---|
| June 18, 2026 | $1.90 |
| March 20, 2026 | $1.80 |
| December 19, 2025 | $1.99 |
| September 19, 2025 | $1.83 |
| June 20, 2025 | $1.76 |
| March 21, 2025 | $1.70 |
| December 20, 2024 | $1.97 |
| September 20, 2024 | $1.75 |
| June 21, 2024 | $1.76 |
| March 15, 2024 | $1.59 |
| December 15, 2023 | $1.91 |
| September 15, 2023 | $1.58 |
| June 16, 2023 | $1.64 |
| March 17, 2023 | $1.51 |
| December 16, 2022 | $1.78 |
| September 16, 2022 | $1.60 |
| June 17, 2022 | $1.58 |
| March 18, 2022 | $1.37 |
| December 17, 2021 | $1.63 |
| September 17, 2021 | $1.43 |
| June 18, 2021 | $1.38 |
| March 19, 2021 | $1.28 |
| December 18, 2020 | $1.58 |
| September 18, 2020 | $1.34 |
| June 19, 2020 | $1.37 |
| March 20, 2020 | $1.41 |
| December 20, 2019 | $1.57 |
| September 20, 2019 | $1.38 |
| June 21, 2019 | $1.43 |
| March 15, 2019 | $1.23 |
| December 21, 2018 | $1.44 |
| September 21, 2018 | $1.32 |
| June 15, 2018 | $1.25 |
| March 16, 2018 | $1.10 |
| December 15, 2017 | $1.35 |
| September 15, 2017 | $1.24 |
| June 16, 2017 | $1.18 |
| March 17, 2017 | $1.03 |
| December 16, 2016 | $1.33 |
| September 16, 2016 | $1.08 |
| June 17, 2016 | $1.08 |
| March 18, 2016 | $1.05 |
| December 18, 2015 | $1.21 |
| September 18, 2015 | $1.03 |
| June 19, 2015 | $1.03 |
| March 20, 2015 | $0.931 |
| December 19, 2014 | $1.14 |
| September 19, 2014 | $0.939 |
| June 20, 2014 | $0.937 |
| March 21, 2014 | $0.825 |
| December 20, 2013 | $0.980 |
| September 20, 2013 | $0.838 |
| June 21, 2013 | $0.839 |
| March 15, 2013 | $0.694 |
| December 21, 2012 | $1.02 |
| September 21, 2012 | $0.779 |
| June 15, 2012 | $0.688 |
| March 16, 2012 | $0.614 |
| December 16, 2011 | $0.770 |
| September 16, 2011 | $0.625 |
Showing the 60 most recent of 135 recorded payments. The full log is on the page.
SPY dividend history questions
How many dividends has SPY paid?
DivTrkr has 135 recorded SPY dividend payments between March 19, 1993 and June 18, 2026, totalling $111.49 per share across 34 calendar years.
Has SPY ever cut its dividend?
Not in the history DivTrkr holds. Across 34 years of recorded payments the per-payment rate has never fallen by a material amount from one complete year to the next.
How fast is the SPY dividend growing?
The SPY payment rate compounded at +5.3% a year over the last five complete years and +5.7% a year over the last ten.
How often does SPY pay a dividend?
SPY has most often paid quarterly — 4 payments a year. Individual years can show a different count when an ex-date drifts across a year boundary.
See the current SPY dividend yield and next ex-dividend date, or track SPY free with DivTrkr to see what this history pays on your own share count.