Arrow Reserve Capital Management ETF (BATS:ARCM) declared a monthly dividend on Monday, April 1st, Wall Street Journal reports. Investors of record on Tuesday, April 2nd will be paid a dividend of 0.2019 per share on Monday, April 8th. This represents a $2.42 dividend on an annualized basis and a yield of 2.42%. The ex-dividend date is Monday, April 1st. This is a boost from Arrow Reserve Capital Management ETF’s previous monthly dividend of $0.19.
Shares of ARCM opened at $100.05 on Tuesday.
COPYRIGHT VIOLATION WARNING: This story was published by Sports Perspectives and is the property of of Sports Perspectives. If you are accessing this story on another website, it was copied illegally and republished in violation of US & international copyright law. The original version of this story can be read at https://sportsperspectives.com/2019/04/02/arrow-reserve-capital-management-etf-arcm-plans-monthly-dividend-of-0-20.html.
Featured Article: Asset Allocation Models, Which is Right For You?
Receive News & Ratings for Arrow Reserve Capital Management ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arrow Reserve Capital Management ETF and related companies with MarketBeat.com's FREE daily email newsletter.