Cambria Global Momentum ETF (GMOM) to Issue Dividend of $0.36 on October 2nd

Cambria Global Momentum ETF (BATS:GMOM) announced a dividend on Friday, September 20th, NASDAQ reports. Investors 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 Stock Down 0.7 %

GMOM stock traded down $0.20 during midday trading on Friday, hitting $29.59. The company’s stock had a trading volume of 4,376 shares. The firm has a 50-day moving average of $28.72 and a 200-day moving average of $28.78. The company has a market cap of $143.51 million, a price-to-earnings ratio of 8.23 and a beta of 0.67.

About Cambria Global Momentum ETF

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.