Global X Alternative Income ETF (NASDAQ:ALTY) to Issue $0.07 Monthly Dividend

Global X Alternative Income ETF (NASDAQ:ALTY) declared a monthly dividend on Thursday, May 2nd, NASDAQ reports. Shareholders of record on Monday, May 6th will be paid a dividend of 0.0672 per share on Monday, May 13th. This represents a $0.81 dividend on an annualized basis and a yield of 7.15%. The ex-dividend date is Friday, May 3rd.

Global X Alternative Income ETF Trading Up 0.4 %

NASDAQ:ALTY traded up $0.05 during trading hours on Friday, hitting $11.28. The stock had a trading volume of 31,779 shares, compared to its average volume of 11,801. The business has a 50 day simple moving average of $11.34 and a two-hundred day simple moving average of $11.17. Global X Alternative Income ETF has a 1-year low of $10.31 and a 1-year high of $11.65. The company has a market cap of $34.63 million, a PE ratio of 14.89 and a beta of 0.99.

Global X Alternative Income ETF Company Profile

The Global X Alternative Income ETF (ALTY) is an exchange-traded fund that is based on the Indxx SuperDividend Alternatives index. The fund tracks an index consisting of a variety of assets such as equity, debt securities and covered calls. Selected based on high dividend yield and low volatility. ALTY was launched on Jul 14, 2015 and is managed by Global X.