ARK Next Generation Internet ETF Announces Annual Dividend of $2.35 (NYSEARCA:ARKW)

ARK Next Generation Internet ETF (NYSEARCA:ARKW) announced an annual dividend on Wednesday, December 24th. Stockholders of record on Friday, December 26th will be paid a dividend of 2.3516 per share on Monday, December 29th. This represents a dividend yield of 152.0%. The ex-dividend date of this dividend is Friday, December 26th.

ARK Next Generation Internet ETF Trading Up 0.1%

ARKW opened at $154.48 on Friday. The stock has a market capitalization of $2.15 billion, a P/E ratio of 45.71 and a beta of 1.93. ARK Next Generation Internet ETF has a 12 month low of $78.62 and a 12 month high of $183.00. The firm’s fifty day simple moving average is $159.43 and its 200 day simple moving average is $158.08.

About ARK Next Generation Internet ETF

The ARK Next Generation Internet ETF (ARKW) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund with a broad mandate to invest in companies its managers have identified as benefiting from an infrastructure shift away from hardware and software toward cloud and mobile. ARKW was launched on Sep 30, 2014 and is managed by ARK.