Cambria Value and Momentum ETF (BATS:VAMO) Declares Dividend Increase – $0.08 Per Share

Cambria Value and Momentum ETF (BATS:VAMO) announced a quarterly dividend on Thursday, September 17th. Stockholders of record on Friday, September 18th will be paid a dividend of 0.0768 per share on Monday, September 21st. This represents a c) annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, September 18th. This is a 67.5% increase from Cambria Value and Momentum ETF’s previous quarterly dividend of $0.05.

Cambria Value and Momentum ETF Trading Down 1.2%

BATS:VAMO traded down $0.44 during midday trading on Friday, reaching $36.15. The company had a trading volume of 265 shares, compared to its average volume of 22,671. The firm has a market capitalization of $65.07 million, a price-to-earnings ratio of 13.51 and a beta of 0.33. The stock’s fifty day simple moving average is $36.70 and its 200-day simple moving average is $35.78. Cambria Value and Momentum ETF has a 12-month low of $30.04 and a 12-month high of $37.54.

About Cambria Value and Momentum ETF

The Cambria Value and Momentum ETF (VAMO) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed portfolio of large-, mid and small-cap US stocks selected by long-term value factors and midterm momentum factors. The managers have discretion to hedge up to 100% of the portfolio. VAMO was launched on Sep 9, 2015 and is managed by Cambria.