ARK Next Generation Internet ETF (NYSEARCA:ARKW) to Issue $2.35 Annual Dividend

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

ARK Next Generation Internet ETF Price Performance

NYSEARCA:ARKW opened at $154.48 on Friday. The company has a market cap of $2.15 billion, a P/E ratio of 45.71 and a beta of 1.93. The firm’s fifty day moving average price is $159.43 and its two-hundred day moving average price is $158.08. ARK Next Generation Internet ETF has a one year low of $78.62 and a one year high of $183.00.

ARK Next Generation Internet ETF Company Profile

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.