Cambria Global Real Estate ETF (BATS:BLDG) Announces Dividend Increase – $0.40 Per Share

Cambria Global Real Estate ETF (BATS:BLDG) declared a quarterly dividend on Thursday, September 17th. Stockholders of record on Friday, September 18th will be given a dividend of 0.40 per share on Monday, September 21st. This represents a c) annualized dividend and a dividend yield of 6.3%. The ex-dividend date is Friday, September 18th. This is a 377.5% increase from Cambria Global Real Estate ETF’s previous quarterly dividend of $0.08.

Cambria Global Real Estate ETF Stock Down 0.7%

Shares of BLDG stock traded down $0.19 on Friday, reaching $25.48. The company’s stock had a trading volume of 5,503 shares, compared to its average volume of 19,942. Cambria Global Real Estate ETF has a 12-month low of $23.44 and a 12-month high of $29.32. The company has a market capitalization of $40.77 million, a P/E ratio of 14.37 and a beta of 0.83. The stock’s 50 day simple moving average is $27.07 and its 200-day simple moving average is $26.25.

About Cambria Global Real Estate ETF

The Cambria Global Real Estate ETF (BLDG) is an exchange-traded fund that mostly invests in real estate equity. The fund is actively-managed to provide exposure to the real estate sector and its related industries. Stocks are selected using Cambrias multi-factor algorithm. BLDG was launched on Sep 24, 2020 and is managed by Cambria.