Arrow Dow Jones Global Yield ETF to Issue Monthly Dividend of $0.10 (NYSEARCA:GYLD)

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

Arrow Dow Jones Global Yield ETF Trading Up 0.4%

Arrow Dow Jones Global Yield ETF stock opened at $13.55 on Friday. Arrow Dow Jones Global Yield ETF has a 12-month low of $11.88 and a 12-month high of $13.89. The firm has a 50-day moving average price of $13.26 and a 200-day moving average price of $13.28. The firm has a market capitalization of $28.46 million, a PE ratio of 11.13 and a beta of 0.67.

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.