The Brinsmere Fund Conservative ETF (NYSEARCA:TBFC) Increases Dividend to $0.21 Per Share

The Brinsmere Fund Conservative ETF (NYSEARCA:TBFC) announced a quarterly dividend on Wednesday, September 23rd. Stockholders of record on Thursday, September 24th will be given a dividend of 0.2097 per share on Friday, September 25th. This represents a c) annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Thursday, September 24th. This is a 19.3% increase from Brinsmere Fund Conservative ETF’s previous quarterly dividend of $0.18.

Brinsmere Fund Conservative ETF Price Performance

Shares of Brinsmere Fund Conservative ETF stock traded down $0.03 during trading on Thursday, hitting $28.91. The stock had a trading volume of 1,313 shares, compared to its average volume of 3,967. The stock has a market cap of $354.45 million, a PE ratio of 18.75 and a beta of 0.44. Brinsmere Fund Conservative ETF has a 12 month low of $27.64 and a 12 month high of $29.79. The firm’s fifty day simple moving average is $29.34 and its 200-day simple moving average is $29.12.

About Brinsmere Fund Conservative ETF

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.