Beacon Tactical Risk ETF (BTR) to Issue Annual Dividend of $2.03 on September 28th

Beacon Tactical Risk ETF (NYSEARCA:BTR) declared an annual dividend on Tuesday, September 22nd. Shareholders of record on Wednesday, September 23rd will be given a dividend of 2.0337 per share on Monday, September 28th. This represents a yield of 795.0%. The ex-dividend date of this dividend is Wednesday, September 23rd. This is a 523.5% increase from Beacon Tactical Risk ETF’s previous annual dividend of $0.33.

Beacon Tactical Risk ETF Trading Down 7.6%

Shares of BTR opened at $25.59 on Thursday. Beacon Tactical Risk ETF has a twelve month low of $24.56 and a twelve month high of $28.64. The company has a market cap of $29.68 million, a P/E ratio of 20.15 and a beta of 0.60. The company’s fifty day simple moving average is $28.07 and its 200-day simple moving average is $27.37.

About Beacon Tactical Risk ETF

The Beacon Tactical Risk ETF (BTR) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an active fund-of-funds seeking capital appreciation. The fund invests equally across US equity sectors, while attempting to minimize losses in volatile markets BTR was launched on Apr 17, 2023 and is managed by Sammons Enterprises.