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SPDR MSCI Australia Select High Dividend Yield Fund (ASX: SYI) - Share Price and Research

Current share price for SYI : $28.830 0.23 (0.79%)+

SPDR MSCI Australia Select High Dividend Yield Fund (SYI) invests in a diversified portfolio of Australian listed shares and units. SYI seeks to closely track, before fees and expenses, the returns of the MSCI Australia Select High Dividend Yield Index. The responsible entity of SYI is State Street Global Advisors, Australia Services Limited.

SYI General Information +

ASX Code SYI
Website http://www.ssga.com/au
Industry/Sector Asset Management & Custody Banks
Market Cap ($M) 462
SYI Share Price $28.830
Day High $29.000
Day Low $28.740
Last Close $29.060
SYI Share Price Movement $0.23 ( 0.79% )
Prices as at 16:40, 4 Oct 2024
+Security prices are delayed by at least 20 minutes and are indicative only.

SYI Related Research

Exchange Traded Fund Description

SPDR MSCI Australia Select High Dividend Yield Fund (SYI) invests in a diversified portfolio of Australian listed shares and units. SYI seeks to closely track, before fees and expenses, the returns of the MSCI Australia Select High Dividend Yield Index. The responsible entity of SYI is State Street Global Advisors, Australia Services Limited.

SPDR MSCI Australia Select High Dividend Yield Fund (SYI) Upcoming Dividends & Yields

Distribution Type Dividend Franking Ex-dividend date Payment date Current Price+ Price 7D Avg Dividend Yield
Result 35.83¢ 75.31% 27 Sep 2024 14 Oct 2024 $28.830 $29.040 -
HFResult 17.97¢ 84.60% 27 Jun 2024 12 Jul 2024 $28.830 $29.040 -
Result 40.47¢ 86.06% 27 Mar 2024 12 Apr 2024 $28.830 $29.040 -

See all dividends from SPDR MSCI Australia Select High Dividend Yield Fund (SYI) or use our Upcoming Dividends tool to search for dividends across all ASX-listed securities.

SPDR MSCI Australia Select High Dividend Yield Fund (SYI) Recent ASX Announcements

Company Sector Market Cap ($m) Headline Release
date/time+
Price at
release+
Current
price+
Gain/Loss View
SPDR MSCI Australia Select High Dividend Yield Fund (SYI)
SPDR MSCI AUS. SELECT HIGH DIVIDEND YIELD FUND
Financials $462 Month end units on issue 4 Oct 2024 10:01AM $28.880 $28.830 fallen by 0.17%
SPDR MSCI Australia Select High Dividend Yield Fund (SYI)
SPDR MSCI AUS. SELECT HIGH DIVIDEND YIELD FUND
Financials $462 DRP Distribution Announcement September 2024 3 Oct 2024 8:25AM $29.080 $28.830 fallen by 0.86%
SPDR MSCI Australia Select High Dividend Yield Fund (SYI)
SPDR MSCI AUS. SELECT HIGH DIVIDEND YIELD FUND
Financials $462 Distribution Announcement September 2024 27 Sep 2024 9:02AM $29.320 $28.830 fallen by 1.67%
SPDR MSCI Australia Select High Dividend Yield Fund (SYI)
SPDR MSCI AUS. SELECT HIGH DIVIDEND YIELD FUND
Financials $462 Distribution Estimate 24 Sep 2024 9:21AM $29.280 $28.830 fallen by 1.54%
SPDR MSCI Australia Select High Dividend Yield Fund (SYI)
SPDR MSCI AUS. SELECT HIGH DIVIDEND YIELD FUND
Financials $462 Month end units on issue 5 Sep 2024 5:28PM $28.630 $28.830 risen by 0.70%
SPDR MSCI Australia Select High Dividend Yield Fund (SYI)
SPDR MSCI AUS. SELECT HIGH DIVIDEND YIELD FUND
Financials $462 Annual Report to shareholders 28 Aug 2024 9:21AM $28.640 $28.830 risen by 0.66%

SYI Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2024A $34.82 $216.80 -17.10% 12.70 121.10 4.40% 81.9%
2023A $37.53 $261.50 -843.00% 10.40 155.60 5.70% 92.8%
2022A -$3.65 -$35.20 -105.90% 0.00 436.70 14.50% 33.2%

SYI Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2022 A 2023 A 2024 A 2022 A 2023 A 2024 A 2022 A 2023 A 2024 A
HMC Capital (HMC) $3,159M 0.0191 0.0000 0.0000 40.0767 0.0000 0.0000 1.44% 0.00% 0.00%
Netwealth Group (NWL) $6,084M 0.2382 0.1821 0.2429 73.0205 61.7713 49.7006 1.12% 1.35% 1.65%
Pinnacle Investment Management Group (PNI) $3,635M 0.1667 0.1969 0.1911 39.3187 32.8498 27.5782 2.35% 2.74% 3.26%
Perpetual (PPT) $2,228M -0.1521 0.2241 -0.0452 13.7074 11.1980 11.7282 6.06% 6.68% 6.16%
SPDR MSCI Australia Select High Dividend Yield Fund (SYI) $61M -0.1710 0.0000 0.0000 13.4059 0.0000 0.0000 4.17% 0.00% 0.00%

SYI Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.26 13.30 1.03 0.00
Market 0.44 13.90 1.09 0.86
Sector 0.69 12.60 1.04 1.13

SYI Directors

Name Position Start Date
Mr Jonathan Mark Shead Non-Executive Director 21 Jun 2019
Mr Matthew Montagu George Non-Executive Director 19 Dec 2016
Ms Kathleen Gallagher Non-Executive Director 24 Jun 2022

SPDR MSCI Australia Select High Dividend Yield Fund (SYI) Changes in Directors' Interest & Trades

Date of change Director Buy/Sell Security Type Qty Trade Price Value
21 Feb 2013 DARROCH, Susan Buy Indirect Shares 350 $28.250 $9,887.500

See all changes in directors' interest & trades for SPDR MSCI Australia Select High Dividend Yield Fund (SYI) or use our Changes in directors' interest tool to search for changes & trades across all ASX-listed securities.

SYI Management

Name Position
Robert Cook Company Secretary

SYI Calendar of Events

Date Event
27 August 2025 Report (Annual)
14 October 2024 Div Pay Date

FAQs about SPDR MSCI Australia Select High Dividend Yield Fund (SYI)

SPDR MSCI Australia Select High Dividend Yield Fund's (SYI) current share price is $28.83. This constitutes a price movement of 0.72% when compared to the share price 7 days ago and is -1.94% below SYI's 12-month high of $29.40 per share. Prices are delayed by at least 20 minutes.

Relative to the previous close share price of $29.06, SPDR MSCI Australia Select High Dividend Yield Fund's (SYI) current share price of $28.83 constitutes a movement of -$0.23 or -0.79%. SPDR MSCI Australia Select High Dividend Yield Fund's (SYI) share price movement is -0.72% when compared to 7 days ago and is -1.94% below SYI's 52-week high of $29.40.

SPDR MSCI Australia Select High Dividend Yield Fund's (SYI) 52-week high is $29.40 which was reached on 20 Sep 2024. Relative to this, SYI's current share price of $28.83 constitutes a -$0.57 or -1.94% drop since that high of $29.40 per SYI share.

SPDR MSCI Australia Select High Dividend Yield Fund's (SYI) 52-week low is $25.73 which was reached on 23 Oct 2023. Relative to this, SYI's current share price of $28.83 constitutes a $3.10 or 12.05% gain since that low of $25.73 per SYI share.

SPDR MSCI Australia Select High Dividend Yield Fund's (SYI) current market capitalisation is $462,055,786. Market capitalisation, sometimes referred to as "market cap", is the total value of a company's or ETF's issued shares or units owned by shareholders or unitholders. Market capitalisation is equal to the market price per share or unit multiplied by the number of shares or units outstanding.

SPDR MSCI Australia Select High Dividend Yield Fund (SYI) last distribution or dividend was $0.18 per share and was paid on 12 Jul 2024. This last SYI distribution or dividend included 84.60% franking. The next dividend payment for SPDR MSCI Australia Select High Dividend Yield Fund (SYI) is due on 14 Oct 2024.

Upcoming ex-distribution date: 27 Jun 2024

Upcoming record date: 28 Jun 2024

Upcoming payment date: 12 Jul 2024

ETFs, such as SPDR MSCI Australia Select High Dividend Yield Fund (SYI), pay distributions instead of dividends. The difference is that dividends are declared by companies from part of the profits made during any given year and the company’s management decide the amount of earnings retained verses how much to pay out to investors. An ETF, like SPDR MSCI Australia Select High Dividend Yield Fund (SYI), must pay out all realised income. This is a combination of any dividends received plus capital gains realised from the buying and selling of underlying holdings within SPDR MSCI Australia Select High Dividend Yield Fund (SYI).


A distribution has three key dates:

Ex-distribution date: Date the distribution value leaves the ETF. This will normally correspond with the ETF unit price dropping in value by the same amount as the distribution.

Record date: Date someone must be on the unit registry to receive the distribution.

Payment date date: Date the distribution is paid to the unit holder.

SPDR MSCI Australia Select High Dividend Yield Fund (SYI) has a franking level of 81.90%. Franking represents the tax a company has already paid on any profit it distributes to shareholders as a dividend. Only Australian companies pay franking credits therefore you will not see franking on ETFs that invest internationally. For ETFs that are diversified across asset classes, you may see partial franking.

SPDR MSCI Australia Select High Dividend Yield Fund (SYI) has a current dividend yield of 4.30% this year. Last year's dividend yield was 5.80%. The dividend yield for SYI is a ratio that tells you the percentage of SPDR MSCI Australia Select High Dividend Yield Fund (SYI)'s share price that it pays out in dividends each year. The dividend yield is calculated by dividing the annual dividends by the current share price.

The "management expense ratio" (MER) for SPDR MSCI Australia Select High Dividend Yield Fund (SYI) is 0.35%. This is the total expense for operating an ETF or managed fund like SPDR MSCI Australia Select High Dividend Yield Fund (SYI). This includes management fees and other operating expenses which all come out of an investor's return.

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