Arrow Reserve Capital Management ETF (BATS:ARCM) announced a monthly dividend on Monday, December 3rd, Wall Street Journal reports. Stockholders of record on Tuesday, December 4th will be given a dividend of 0.1834 per share on Monday, December 10th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.20%. The ex-dividend date of this dividend is Monday, December 3rd. This is a positive change from Arrow Reserve Capital Management ETF’s previous monthly dividend of $0.16.
Shares of BATS:ARCM remained flat at $$100.17 during trading on Monday.
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