ETF Managers Group, a leading provider of exchange traded funds (ETFs), has recently made an announcement that is sure to excite investors in the cannabis industry. The group has declared a dividend for investors in their MJ ETF, which is focused on the marijuana industry. This marks a major milestone for the industry, as it is one of the first times that investors in a marijuana-focused ETF will receive a payout in the form of a dividend.
ETF Managers Group Announces Dividend for MJ Investors
The MJ ETF, which is managed by ETF Managers Group, is designed to provide investors with exposure to companies involved in the legal cannabis industry. The ETF has been performing well since its inception, and the decision to offer a dividend is a testament to the success of the fund.
The dividend will be paid out to investors on September 30th, 2021. The amount of the dividend has not yet been disclosed, but it is expected to be a significant payout for investors in the fund.
This move is a significant step forward for the cannabis industry, as it demonstrates that major financial institutions are recognizing the potential of the industry and are willing to invest in it. It also provides investors with a new level of security, knowing that they can expect regular payouts from their investments in the MJ ETF.
MJ ETF Investors to Receive Dividend from ETF Managers Group
Investors in the MJ ETF will be pleased to hear about the dividend payout, which is expected to be a significant amount. The payout will provide investors with a welcome return on their investment, and may even attract new investors to the fund.
The MJ ETF has been performing well since its inception, and the dividend payout is a testament to the success of the fund. The fact that a major financial institution like ETF Managers Group is willing to offer a dividend to investors in the cannabis industry is a promising sign for the future of the industry.
Overall, this announcement is a positive development for the cannabis industry and for investors in the MJ ETF. It demonstrates that the industry is maturing and becoming more mainstream, and provides investors with a new level of financial security.
Investors in the MJ ETF can look forward to a significant dividend payout on September 30th, thanks to ETF Managers Group. This move is a major step forward for the cannabis industry and is sure to attract new investors to the fund. With the industry showing signs of maturity and mainstream acceptance, the future looks bright for investors in the MJ ETF and the cannabis industry as a whole.
Fintech-Insight is dedicated to delivering unbiased and dependable insights into cryptocurrency, finance, trading, and stocks. However, we must clarify that we don't offer financial advice, and we strongly recommend users to perform their own research and due diligence.