Cambria Tail Risk ETF (BATS:TAIL) Plans Dividend Increase – $0.14 Per Share

Cambria Tail Risk ETF (BATS:TAIL) announced a quarterly dividend on Wednesday, December 17th. Shareholders of record on Thursday, December 18th will be given a dividend of 0.139 per share on Friday, December 19th. This represents a c) annualized dividend and a yield of 4.8%. The ex-dividend date is Thursday, December 18th. This is a 191.9% increase from Cambria Tail Risk ETF’s previous quarterly dividend of $0.05.

Cambria Tail Risk ETF Stock Up 4.5%

Shares of BATS:TAIL traded up $0.50 on Thursday, reaching $11.62. 11,908 shares of the company’s stock were exchanged, compared to its average volume of 196,979. The business’s 50-day moving average is $11.88 and its two-hundred day moving average is $11.90. Cambria Tail Risk ETF has a fifty-two week low of $10.90 and a fifty-two week high of $14.67. The firm has a market capitalization of $96.40 million, a price-to-earnings ratio of 23.34 and a beta of -0.31.

Cambria Tail Risk ETF Company Profile

The Cambria Tail Risk ETF (TAIL) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that holds mostly cash and treasuries while using the strategy of buying put options on the S&P 500 with the purpose of portfolio downside protection.