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ETFMG Pays Annualized Dividend of $34.2 Million – 7.68% on MJ – To Close Out the Year

Published December 27, 2019 04:13 PM EST on BusinessWire

ETFMG, a leading thematic ETF issuer behind the world’s largest cannabis ETF, MJ, the ETFMG Alternative Harvest ETF (NYSE Arca: MJ), has declared a $13,056,000 quarterly dividend, which equates to $0.32 per share. Across 2019, investors in MJ received a cumulative $34,232,000 in quarterly dividend payouts. This quarter’s dividend projects an annualized yield of 7.68%,1 or 6.93% after deducting the Fund’s 0.75% expense ratio. The dividend will be paid January 3, 2020 to shareholders of record as of the close of business, December 30, 2019.... Read more

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Older articles featuring Mj (MJ):
MJ, The World’s Largest Cannabis ETF, Declares Quarterly Dividend
ETFMG Alternative Harvest ETF (MJ) Declares Quarterly Dividend
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