Arrow Dow Jones Global Yield ETF (NYSEARCA:GYLD) Announces $0.10 Monthly Dividend

Arrow Dow Jones Global Yield ETF (NYSEARCA:GYLD) declared a monthly dividend on Wednesday, December 24th. Investors of record on Friday, December 26th will be given a dividend of 0.0978 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a dividend yield of 8.7%. The ex-dividend date is Friday, December 26th.

Arrow Dow Jones Global Yield ETF Stock Performance

Shares of GYLD opened at $13.55 on Friday. The stock has a market capitalization of $28.46 million, a PE ratio of 11.13 and a beta of 0.67. The company’s fifty day moving average is $13.26 and its 200 day moving average is $13.28. Arrow Dow Jones Global Yield ETF has a fifty-two week low of $11.88 and a fifty-two week high of $13.89.

Arrow Dow Jones Global Yield ETF Company Profile

The Arrow Dow Jones Global Yield ETF (GYLD) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund tracks an index weighted equally between equities, sovereign debt, corporate debt, real estate and energy. The ETF seeks to invest in 150 securities and provide monthly distributions. GYLD was launched on May 8, 2012 and is managed by ArrowShares.