Arrow Dow Jones Global Yield ETF (NYSEARCA:GYLD) Raises Dividend to $0.17 Per Share

Arrow Dow Jones Global Yield ETF (NYSEARCA:GYLD) announced a dividend on Thursday, August 15th, NASDAQ reports. Stockholders of record on Friday, August 16th will be given a dividend of 0.1691 per share on Wednesday, August 21st. The ex-dividend date of this dividend is Friday, August 16th. This is an increase from Arrow Dow Jones Global Yield ETF’s previous dividend of $0.02.

Arrow Dow Jones Global Yield ETF Price Performance

Shares of NYSEARCA:GYLD traded down $0.09 during trading on Friday, reaching $12.96. 9,274 shares of the company’s stock traded hands, compared to its average volume of 2,973. Arrow Dow Jones Global Yield ETF has a 12 month low of $11.57 and a 12 month high of $13.65. The stock has a market capitalization of $21.39 million, a P/E ratio of 6.31 and a beta of 0.26. The company has a 50 day moving average of $13.16 and a 200-day moving average of $13.14.

About Arrow Dow Jones Global Yield ETF

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.