Cambria Large Cap Shareholder Yield ETF (BATS:LYLD) to Issue Dividend Increase – $0.18 Per Share

Cambria Large Cap Shareholder Yield ETF (BATS:LYLD) announced a quarterly dividend on Thursday, September 17th. Shareholders of record on Friday, September 18th will be given a dividend of 0.183 per share on Monday, September 21st. This represents a c) annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Friday, September 18th. This is a 70.9% increase from Cambria Large Cap Shareholder Yield ETF’s previous quarterly dividend of $0.11.

Cambria Large Cap Shareholder Yield ETF Trading Down 0.8%

Shares of LYLD stock traded down $0.27 on Friday, hitting $32.84. The stock had a trading volume of 462 shares, compared to its average volume of 964. Cambria Large Cap Shareholder Yield ETF has a twelve month low of $26.34 and a twelve month high of $34.05. The firm has a market cap of $5.75 million and a P/E ratio of 12.86. The company has a fifty day moving average price of $32.74 and a two-hundred day moving average price of $30.78.

About Cambria Large Cap Shareholder Yield ETF

The Cambria Large Cap Shareholder Yield ETF (LYLD) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks total returns by actively managing a portfolio of large-cap US stocks. The fund employs a quantitatively driven strategy that focuses on capital returns through dividends, buybacks, and debt reduction. LYLD was launched on Jul 12, 2024 and is issued by Cambria.