Cambria Cannabis ETF (BATS:TOKE) Announces Dividend Increase – $0.02 Per Share

Cambria Cannabis ETF (BATS:TOKE) declared a quarterly dividend on Wednesday, December 17th. Shareholders of record on Thursday, December 18th will be given a dividend of 0.0235 per share on Friday, December 19th. This represents a c) dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Thursday, December 18th. This is a 8.4% increase from Cambria Cannabis ETF’s previous quarterly dividend of $0.02.

Cambria Cannabis ETF Trading Up 44.1%

BATS TOKE traded up $2.16 during mid-day trading on Thursday, reaching $7.04. 8,483 shares of the company’s stock traded hands, compared to its average volume of 21,078. The company has a fifty day simple moving average of $5.82 and a 200-day simple moving average of $5.57. The company has a market cap of $17.95 million, a price-to-earnings ratio of 15.43 and a beta of 1.02. Cambria Cannabis ETF has a 1-year low of $3.86 and a 1-year high of $6.50.

Cambria Cannabis ETF Company Profile

The Cambria Cannabis ETF (TOKE) is an exchange-traded fund that is based on the Prime Alternative Harvest index. The fund is an actively-managed portfolio of globally-listed companies related to cannabis and hemp. TOKE was launched on Jul 25, 2019 and is managed by Cambria.