AdvisorShares Pure Cannabis ETF
YOLODividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| September 30, 2024 | $0.04 | 2024-09-23 | 2024-09-23 |
| June 28, 2024 | $0.02 | 2024-06-24 | 2024-06-24 |
| March 28, 2024 | $0.03 | 2024-03-21 | 2024-03-22 |
| December 29, 2023 | $0.01 | 2023-12-26 | 2023-12-27 |
| September 29, 2023 | $0.01 | 2023-09-25 | 2023-09-26 |
Dividends Summary
- Consistent Payer: AdvisorShares Pure Cannabis ETF has rewarded shareholders with 16 dividend payments over the past 5 years.
- Total Returned Value: Investors who held YOLO shares during this period received a total of $1.66 per share in dividend income.
- Latest Payout: The most recent dividend of $0.04/share was paid 656 days ago, on September 30, 2024.
- Yield & Schedule: YOLO currently pays dividends quarterly with an annual yield of 3.53%.
- Dividend Growth: Since 2019, the dividend payout has decreased by 85.3%, from $0.28 to $0.04.
Company News
The Justice Department reclassified state-licensed marijuana from Schedule I to Schedule III, with a June hearing planned for recreational marijuana reclassification. This follows President Trump's executive order to downgrade cannabis to a less restrictive category. The move could ease the cannabis industry's banking access and tax burden issues...
Marijuana stocks experienced significant gains after Donald Trump's video promoting hemp-derived CBD benefits and potential marijuana reclassification, with several cannabis companies and ETFs seeing notable price increases.
Florida's cannabis legalization campaign for Amendment 3 has been record-breaking, raising over $100 million. However, the campaign has faced lawsuits from Trulieve and a state senator, which the panelists view as a PR strategy to discredit false narratives.
Former President Donald Trump's recent comments supporting cannabis legalization in Florida have sparked optimism in the cannabis market, leading to varied reactions among cannabis stocks.
The Department of Justice (DOJ) move to reclassifying cannabis from Schedule I to Schedule III provoked a noticeable uptick in cannabis market activities, as detailed in the latest industry report by Water Tower Research (WTR). Cannabis ETFs Surge Ahead Of Rescheduling Announcement According to WTR's report, the U.S. cannabis AdvisorShares Trust...
