The Brinsmere Fund Growth ETF (NYSEARCA:TBFG) Raises Dividend to $0.45 Per Share

The Brinsmere Fund Growth ETF (NYSEARCA:TBFG) declared a quarterly dividend on Tuesday, December 30th. Stockholders of record on Wednesday, December 31st will be paid a dividend of 0.4531 per share on Friday, January 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date of this dividend is Wednesday, December 31st. This is a 246.3% increase from Brinsmere Fund Growth ETF’s previous quarterly dividend of $0.13.

Brinsmere Fund Growth ETF Trading Down 1.7%

Shares of TBFG stock traded down $0.50 on Wednesday, hitting $30.00. The stock had a trading volume of 109 shares, compared to its average volume of 12,271. Brinsmere Fund Growth ETF has a twelve month low of $24.10 and a twelve month high of $30.62. The company has a fifty day moving average price of $30.04 and a two-hundred day moving average price of $29.15. The firm has a market cap of $378.25 million, a P/E ratio of 19.82 and a beta of 0.69.

About Brinsmere Fund Growth ETF

The Brinsmere Fund Growth ETF (TBFG) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund of funds with exposure to the global equity and bond markets. It uses two proprietary investment strategies to create a growth-focused portfolio. TBFG was launched on Jan 12, 2024 and is issued by The Brinsmere Funds.