ETFMG Alternative Harvest ETF (NYSEARCA:MJ) announced a quarterly dividend on Wednesday, September 26th, Wall Street Journal reports. Shareholders of record on Wednesday, September 26th will be given a dividend of 0.05 per share on Thursday, September 27th. This represents a $0.20 annualized dividend and a yield of 0.51%. The ex-dividend date is Tuesday, September 25th.

NYSEARCA MJ traded down $0.42 during trading on Wednesday, hitting $38.94. 891,961 shares of the company’s stock traded hands, compared to its average volume of 657,441. ETFMG Alternative Harvest ETF has a 12-month low of $25.10 and a 12-month high of $45.40.

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