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MJ, The World’s Largest Cannabis ETF, Declares Quarterly Dividend

Published September 19, 2019 02:34 PM EDT on BusinessWire

MJ, The ETFMG Alternative Harvest ETF (NYSE Arca: MJ), the largest cannabis ETF in the world, has declared an approximate $10.6 million quarterly dividend which equates to $0.28 per share. This third quarter dividend declaration projects an annualized yield of 4.66%,1 or 3.91% after deducting the Fund’s 0.75% expense ratio. MJ investors have received approximately $21.2 million in dividend payments for the calendar year including this payment. The dividend will be paid September 25, 2019 to shareholders of record as of the close of business, September 23, 2019.... Read more

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