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

The Brinsmere Fund Conservative ETF (NYSEARCA:TBFC) announced a quarterly dividend on Wednesday, September 23rd. Shareholders of record on Thursday, September 24th will be paid a dividend of 0.2097 per share on Friday, September 25th. This represents a c) annualized dividend and a 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 Stock Performance

Shares of TBFC traded down $0.03 during trading hours on Thursday, hitting $28.91. The stock had a trading volume of 1,313 shares, compared to its average volume of 3,967. Brinsmere Fund Conservative ETF has a fifty-two week low of $27.64 and a fifty-two week high of $29.79. The firm has a 50-day moving average price of $29.34 and a 200 day moving average price of $29.12. The firm has a market capitalization of $354.45 million, a price-to-earnings ratio of 18.75 and a beta of 0.44.

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.