Arrow Dow Jones Global Yield ETF (NYSE:GYLD) Shareholders to Get $0.05 Monthly Dividend

Arrow Dow Jones Global Yield ETF (NYSE:GYLD – Get Free Report) declared a monthly dividend on Thursday, October 15th. Investors of record on Friday, October 16th will be paid a dividend of $0.0549 per share on Wednesday, October 21st. This represents a $0.66 annualized dividend and a yield of 4.9%. The ex-dividend date is Friday, October 16th. This is a 39.4% decrease from Arrow Dow Jones Global Yield ETF’s previous monthly dividend of $0.0906.

Arrow Dow Jones Global Yield ETF Trading Down 0.3%

Shares of GYLD opened at $13.32 on Friday. The stock’s 50-day moving average price is $14.06 and its two-hundred day moving average price is $14.14. Arrow Dow Jones Global Yield ETF has a 12 month low of $12.88 and a 12 month high of $14.81. The company has a market capitalization of $38.91 million, a PE ratio of 11.13 and a beta of 0.57.

About Arrow Dow Jones Global Yield ETF

(Get Free Report)

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.

Further Reading

Dividend History for Arrow Dow Jones Global Yield ETF (NYSE:GYLD)

Receive News & Ratings for Arrow Dow Jones Global Yield ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arrow Dow Jones Global Yield ETF and related companies with MarketBeat.com's FREE daily email newsletter.