Cambria Global Asset Allocation ETF (BATS:GAA) Announces Dividend Increase – $0.29 Per Share

Cambria Global Asset Allocation ETF (BATS:GAA – Get Free Report) declared a quarterly dividend on Monday, September 21st. Investors of record on Tuesday, September 22nd will be paid a dividend of 0.2854 per share on Wednesday, September 23rd. This represents a c) annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend is Tuesday, September 22nd. This is a 43.5% increase from Cambria Global Asset Allocation ETF’s previous quarterly dividend of $0.20.

Cambria Global Asset Allocation ETF Trading Up 0.2%

Shares of GAA stock opened at $35.86 on Tuesday. The stock has a 50 day moving average of $35.58 and a two-hundred day moving average of $34.90. Cambria Global Asset Allocation ETF has a 12 month low of $31.20 and a 12 month high of $36.53. The company has a market capitalization of $66.34 million, a P/E ratio of 10.59 and a beta of 0.50.

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Cambria Global Asset Allocation ETF Company Profile

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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.

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