Cambria Tail Risk ETF (BATS:TAIL) Announces Quarterly Dividend of $0.08

Cambria Tail Risk ETF (BATS:TAIL) announced a quarterly dividend on Thursday, September 17th. Stockholders of record on Friday, September 18th will be paid a dividend of 0.0844 per share on Monday, September 21st. This represents a c) dividend on an annualized basis and a dividend 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 Trading Down 1.0%

Shares of BATS TAIL traded down $0.10 during mid-day trading on Friday, reaching $9.99. The company had a trading volume of 60,915 shares, compared to its average volume of 354,348. The stock has a market cap of $82.96 million, a price-to-earnings ratio of 23.34 and a beta of -0.31. Cambria Tail Risk ETF has a 52 week low of $9.97 and a 52 week high of $12.19. The business’s 50-day moving average is $10.36 and its 200-day moving average is $10.84.

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.