Arrow Dow Jones Global Yield ETF (NYSEARCA:GYLD) announced a monthly dividend on Thursday, May 16th, Wall Street Journal reports. Shareholders of record on Friday, May 17th will be given a dividend of 0.0883 per share on Wednesday, May 22nd. This represents a $1.06 annualized dividend and a yield of 6.52%. The ex-dividend date is Thursday, May 16th.
NYSEARCA:GYLD traded down $0.06 during trading hours on Thursday, hitting $16.25. 4,492 shares of the company were exchanged, compared to its average volume of 12,166. Arrow Dow Jones Global Yield ETF has a 52-week low of $13.89 and a 52-week high of $17.92.
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