Cambria Global Momentum ETF (BATS:GMOM) to Issue Dividend of $0.36

Cambria Global Momentum ETF (BATS:GMOM) announced a dividend on Friday, September 20th, NASDAQ reports. Stockholders of record on Monday, September 23rd will be paid a dividend of 0.3559 per share on Wednesday, October 2nd. The ex-dividend date is Monday, September 23rd. This is an increase from Cambria Global Momentum ETF’s previous dividend of $0.10.

Cambria Global Momentum ETF Price Performance

Shares of BATS GMOM traded down $0.20 during trading on Friday, reaching $29.59. 4,376 shares of the stock traded hands. The stock has a market cap of $143.51 million, a PE ratio of 8.23 and a beta of 0.67. The firm has a 50-day moving average of $28.72 and a 200-day moving average of $28.78.

Cambria Global Momentum ETF Company Profile

The Cambria Global Momentum ETF (GMOM) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed fund that selects approximately 17 ETFs, across various asset classes, based on price momentum. The fund aims for capital appreciation rather than income.