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

Cambria Cannabis ETF (BATS:TOKE) announced a quarterly dividend on Wednesday, December 17th. Investors of record on Thursday, December 18th will be paid 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 Stock Up 47.2%

Cambria Cannabis ETF stock traded up $2.31 during mid-day trading on Thursday, hitting $7.19. The company’s stock had a trading volume of 8,483 shares, compared to its average volume of 21,078. The stock has a market capitalization of $18.33 million, a P/E ratio of 15.43 and a beta of 1.02. Cambria Cannabis ETF has a twelve month low of $3.86 and a twelve month high of $6.50. The stock’s fifty day moving average price is $5.82 and its two-hundred day moving average price is $5.57.

About Cambria Cannabis ETF

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.