The Brinsmere Fund Growth ETF (NYSEARCA:TBFG) Raises Dividend to $0.45 Per Share

The Brinsmere Fund Growth ETF (NYSEARCA:TBFG) announced a quarterly dividend on Tuesday, December 30th. Stockholders of record on Wednesday, December 31st will be paid a dividend of 0.4531 per share on Friday, January 2nd. This represents a c) annualized dividend and a dividend yield of 6.0%. The ex-dividend date of this dividend is Wednesday, December 31st. This is a 246.3% increase from Brinsmere Fund Growth ETF’s previous quarterly dividend of $0.13.

Brinsmere Fund Growth ETF Price Performance

NYSEARCA:TBFG traded down $0.50 during trading hours on Wednesday, hitting $30.00. The stock had a trading volume of 109 shares, compared to its average volume of 12,271. The company has a 50 day simple moving average of $30.04 and a two-hundred day simple moving average of $29.15. The firm has a market capitalization of $378.25 million, a price-to-earnings ratio of 19.82 and a beta of 0.69. Brinsmere Fund Growth ETF has a one year low of $24.10 and a one year high of $30.62.

About Brinsmere Fund Growth ETF

The Brinsmere Fund Growth ETF (TBFG) is an exchange-traded fund that mostly invests in target outcome 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 growth-focused portfolio. TBFG was launched on Jan 12, 2024 and is issued by The Brinsmere Funds.