Cambria Shareholder Yield ETF (BATS:SYLD) Increases Dividend to $0.50 Per Share

Cambria Shareholder Yield ETF (BATS:SYLD) announced a quarterly dividend on Thursday, September 17th. Stockholders of record on Friday, September 18th will be paid a dividend of 0.5046 per share on Monday, September 21st. This represents a c) annualized dividend and a dividend yield of 2.4%. The ex-dividend date 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 Stock Performance

BATS SYLD traded down $1.24 on Friday, reaching $83.42. The company’s stock had a trading volume of 6,649 shares, compared to its average volume of 47,037. Cambria Shareholder Yield ETF has a twelve month low of $65.26 and a twelve month high of $87.33. The stock has a market cap of $1.20 billion, a PE ratio of 11.01 and a beta of 1.04. The firm’s 50 day moving average is $84.79 and its two-hundred day moving average is $80.07.

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.