The Brinsmere Fund Conservative ETF (TBFC) to Issue Quarterly Dividend of $0.21 on September 25th

The Brinsmere Fund Conservative ETF (NYSEARCA:TBFC) declared a quarterly dividend on Wednesday, September 23rd. Shareholders of record on Thursday, September 24th will be given a dividend of $0.2097 per share on Friday, September 25th. This represents a $0.84 annualized dividend and a yield of 2.9%. The ex-dividend date is Thursday, September 24th. This is a 19.3% increase from Brinsmere Fund Conservative ETF’s previous quarterly dividend of $0.1758.

Brinsmere Fund Conservative ETF Trading Down 0.9%

Shares of TBFC opened at $28.88 on Friday. The firm has a market cap of $357.53 million, a PE ratio of 18.75 and a beta of 0.44. The company’s 50 day simple moving average is $29.34 and its 200-day simple moving average is $29.12. Brinsmere Fund Conservative ETF has a 12-month low of $27.64 and a 12-month high of $29.79.

Brinsmere Fund Conservative ETF Company Profile

The Brinsmere Fund Conservative ETF (TBFC) is an exchange-traded fund that mostly invests in target risk 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 conservative portfolio. TBFC was launched on Jan 12, 2024 and is issued by The Brinsmere Funds.