Global X Alternative Income ETF (NASDAQ:ALTY) to Issue Monthly Dividend of $0.08

Global X Alternative Income ETF (NASDAQ:ALTY) declared a monthly dividend on Tuesday, February 3rd. Investors of record on Wednesday, February 4th will be given a dividend of 0.077 per share on Wednesday, February 11th. This represents a c) annualized dividend and a yield of 7.6%. The ex-dividend date of this dividend is Wednesday, February 4th. This is a 2.7% increase from Global X Alternative Income ETF’s previous monthly dividend of $0.08.

Global X Alternative Income ETF Stock Performance

Shares of NASDAQ ALTY traded down $0.08 during trading on Wednesday, hitting $12.21. The company had a trading volume of 4,518 shares, compared to its average volume of 33,360. The stock has a 50 day simple moving average of $12.08 and a 200 day simple moving average of $11.91. The firm has a market capitalization of $43.83 million, a P/E ratio of 17.85 and a beta of 0.69. Global X Alternative Income ETF has a 12 month low of $10.57 and a 12 month high of $12.40.

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.