Claymore/BNY Mellon Frontier Markets ETF (FRN) Announces $0.54 Annual Dividend

Claymore/BNY Mellon Frontier Markets ETF (NYSEARCA:FRN) announced an annual dividend on Tuesday, December 26th, Wall Street Journal reports. Investors of record on Wednesday, December 27th will be paid a dividend of 0.5387 per share on Friday, December 29th. This represents a yield of 3.68%. The ex-dividend date is Tuesday, December 26th.

Shares of Claymore/BNY Mellon Frontier Markets ETF (FRN) traded down $0.53 during trading on Tuesday, reaching $14.66. 29,751 shares of the company were exchanged, compared to its average volume of 39,528. Claymore/BNY Mellon Frontier Markets ETF has a 12-month low of $11.40 and a 12-month high of $15.25.

In related news, Director Ravi Sood sold 707,606 shares of the company’s stock in a transaction on Monday, October 30th. The shares were sold at an average price of $0.18, for a total transaction of $127,369.08.

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Claymore/BNY Mellon Frontier Markets ETF Company Profile

Guggenheim Frontier Markets ETF (the Fund), formerly Claymore/BNY Mellon Frontier Markets ETF, seeks investment results that correspond generally to the performance of an equity index called Bank of New York Mellon New Frontier DR Index (the Frontier Index). The Fund will invest at least 80% of its total assets in American depositary receipts (ADRs) and global depositary receipts (GDRs) that consists of the Index or in the stocks underlying such ADRs and GDRs.

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