Cambria Cannabis ETF (BATS:TOKE) Announces Dividend Increase – $0.02 Per Share

Cambria Cannabis ETF (BATS:TOKE) announced a quarterly dividend on Wednesday, December 17th. Stockholders of record on Thursday, December 18th will be paid a dividend of 0.0235 per share on Friday, December 19th. This represents a c) annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Thursday, December 18th. This is a 8.4% increase from Cambria Cannabis ETF’s previous quarterly dividend of $0.02.

Cambria Cannabis ETF Stock Performance

Shares of TOKE stock traded up $2.31 on Thursday, reaching $7.19. 8,483 shares of the company’s stock traded hands, compared to its average volume of 21,078. Cambria Cannabis ETF has a 12-month low of $3.86 and a 12-month high of $6.50. The company has a market capitalization of $18.33 million, a P/E ratio of 15.43 and a beta of 1.02. The business’s 50 day moving average price is $5.82 and its two-hundred day moving average price is $5.57.

Cambria Cannabis ETF Company Profile

The Cambria Cannabis ETF (TOKE) is an exchange-traded fund that is based on the Prime Alternative Harvest index. The fund is an actively-managed portfolio of globally-listed companies related to cannabis and hemp. TOKE was launched on Jul 25, 2019 and is managed by Cambria.