Cambria Shareholder Yield ETF (BATS:SYLD) Announces Dividend Increase – $0.50 Per Share

Cambria Shareholder Yield ETF (BATS:SYLD) declared a quarterly dividend on Thursday, September 17th. Investors of record on Friday, September 18th will be paid a dividend of 0.5046 per share on Monday, September 21st. This represents a c) dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Friday, September 18th. This is a 48.3% increase from Cambria Shareholder Yield ETF’s previous quarterly dividend of $0.34.

Cambria Shareholder Yield ETF Trading Down 1.6%

BATS SYLD traded down $1.39 on Friday, hitting $83.28. The company’s stock had a trading volume of 3,086 shares, compared to its average volume of 47,275. Cambria Shareholder Yield ETF has a 52-week low of $65.26 and a 52-week high of $87.33. The company’s 50-day simple moving average is $84.79 and its 200 day simple moving average is $80.07. The firm has a market cap of $1.20 billion, a P/E ratio of 11.01 and a beta of 1.04.

Cambria Shareholder Yield ETF Company Profile

The Cambria Shareholder Yield ETF (SYLD) is an exchange-traded fund that mostly invests in total market equity. The fund offers active exposure to US stocks with attractive cash flow characterized by dividends, shares buybacks and net debt paydown. SYLD was launched on May 14, 2013 and is managed by Cambria.