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

Cambria Tail Risk ETF (BATS:TAIL) announced a quarterly dividend on Thursday, September 17th. Investors of record on Friday, September 18th will be given a dividend of 0.0844 per share on Monday, September 21st. This represents a c) annualized dividend and a 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 Stock Performance

BATS TAIL traded down $0.11 during trading hours on Friday, hitting $9.99. 64,636 shares of the company traded hands, compared to its average volume of 354,606. The business’s 50-day moving average is $10.36 and its 200-day moving average is $10.84. Cambria Tail Risk ETF has a twelve month low of $9.97 and a twelve month high of $12.19. The stock has a market capitalization of $82.92 million, a price-to-earnings ratio of 23.34 and a beta of -0.31.

About Cambria Tail Risk ETF

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.