Cambria Global Asset Allocation ETF (BATS:GAA) Announces Quarterly Dividend of $0.41

Cambria Global Asset Allocation ETF (BATS:GAA) announced a quarterly dividend on Monday, December 22nd. Stockholders of record on Tuesday, December 23rd will be given a dividend of 0.4095 per share on Wednesday, December 24th. This represents a c) annualized dividend and a dividend yield of 5.0%. The ex-dividend date of this dividend is Tuesday, December 23rd. This is a 40.5% increase from Cambria Global Asset Allocation ETF’s previous quarterly dividend of $0.29.

Cambria Global Asset Allocation ETF Stock Performance

Shares of GAA opened at $32.80 on Tuesday. The company has a 50 day moving average price of $32.10 and a 200-day moving average price of $31.40. Cambria Global Asset Allocation ETF has a fifty-two week low of $26.80 and a fifty-two week high of $31.01. The stock has a market capitalization of $60.67 million, a PE ratio of 10.59 and a beta of 0.50.

Cambria Global Asset Allocation ETF Company Profile

The Cambria Global Asset Allocation ETF (GAA) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that provides exposure to equity, fixed-income, real estate, commodities, and currencies. The fund aims for returns and reduced volatility. GAA was launched on Dec 9, 2014 and is managed by Cambria.