Cambria Tail Risk ETF (BATS:TAIL) Declares Dividend Increase – $0.08 Per Share

Cambria Tail Risk ETF (BATS:TAIL) declared a quarterly dividend on Thursday, September 17th. Shareholders of record on Friday, September 18th will be given a dividend of 0.0844 per share on Monday, September 21st. This represents a c) annualized dividend and a yield of 3.4%. The ex-dividend date is Friday, September 18th. This is a 77.0% increase from Cambria Tail Risk ETF’s previous quarterly dividend of $0.05.

Cambria Tail Risk ETF Stock Down 1.0%

BATS TAIL traded down $0.10 during trading on Friday, hitting $9.99. 60,915 shares of the stock traded hands, compared to its average volume of 354,348. Cambria Tail Risk ETF has a 12-month low of $9.97 and a 12-month high of $12.19. The firm has a 50-day simple moving average of $10.36 and a 200-day simple moving average of $10.84. The company has a market capitalization of $82.96 million, a P/E 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. TAIL was launched on Apr 6, 2017 and is managed by Cambria.