Arrow Reserve Capital Management ETF (ARCM) To Go Ex-Dividend on September 30th

Arrow Reserve Capital Management ETF (BATS:ARCM – Get Free Report) declared a monthly dividend on Tuesday, September 29th. Shareholders of record on Wednesday, September 30th will be paid a dividend of $0.3049 per share on Monday, October 5th. This represents a $3.66 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend is Wednesday, September 30th. This is a 11.7% increase from Arrow Reserve Capital Management ETF’s previous monthly dividend of $0.2729.

Arrow Reserve Capital Management ETF Price Performance

ARCM stock opened at $99.83 on Thursday. The company’s 50-day simple moving average is $100.16 and its 200-day simple moving average is $100.20. Arrow Reserve Capital Management ETF has a 52-week low of $99.34 and a 52-week high of $101.26.

About Arrow Reserve Capital Management ETF

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The Arrow Reserve Capital Management ETF (ARCM) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that seeks to preserve capital and maximize income potential by investing in investment-grade, short-term debt securities. ARCM was launched on Mar 31, 2017 and is managed by ArrowShares.

Further Reading

Dividend History for Arrow Reserve Capital Management ETF (BATS:ARCM)

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