The Brinsmere Fund Conservative ETF (NYSEARCA:TBFC) Declares Dividend Increase – $0.44 Per Share

The Brinsmere Fund Conservative ETF (NYSEARCA:TBFC) declared a quarterly dividend on Tuesday, December 30th. Stockholders of record on Wednesday, December 31st will be given a dividend of 0.441 per share on Friday, January 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date of this dividend is Wednesday, December 31st. This is a 141.3% increase from Brinsmere Fund Conservative ETF’s previous quarterly dividend of $0.18.

Brinsmere Fund Conservative ETF Stock Performance

Shares of NYSEARCA:TBFC traded up $0.02 during midday trading on Wednesday, hitting $28.72. 3 shares of the stock were exchanged, compared to its average volume of 7,039. The company has a market capitalization of $340.63 million, a PE ratio of 18.75 and a beta of 0.46. Brinsmere Fund Conservative ETF has a 52-week low of $24.37 and a 52-week high of $28.77. The business’s fifty day simple moving average is $28.38 and its two-hundred day simple moving average is $27.80.

Brinsmere Fund Conservative ETF Company Profile

The Brinsmere Fund Conservative ETF (TBFC) is an exchange-traded fund that mostly invests in target risk asset allocation. The fund is an actively managed fund of funds with exposure to the global equity and bond markets. It uses two proprietary investment strategies to create a conservative portfolio. TBFC was launched on Jan 12, 2024 and is issued by The Brinsmere Funds.