AdvisorShares Trust (NYSEARCA:HOLD) declared a monthly dividend on Wednesday, December 27th, Wall Street Journal reports. Investors of record on Thursday, December 28th will be paid a dividend of 0.1366 per share by the exchange traded fund on Friday, December 29th. This represents a $1.64 annualized dividend and a dividend yield of 1.65%. The ex-dividend date of this dividend is Wednesday, December 27th. This is a positive change from AdvisorShares Trust’s previous monthly dividend of $0.13.
Shares of AdvisorShares Trust (HOLD) remained flat at $$99.26 during trading on Thursday. The company had a trading volume of 300 shares, compared to its average volume of 1,196. AdvisorShares Trust has a 52 week low of $95.50 and a 52 week high of $103.39.
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