Global X Alternative Income ETF (NASDAQ:ALTY) Increases Dividend to $0.08 Per Share

Global X Alternative Income ETF (NASDAQ:ALTYGet Free Report) announced a monthly dividend on Tuesday, March 3rd, NASDAQ Dividends reports. Investors of record on Wednesday, March 4th will be given a dividend of 0.0789 per share on Wednesday, March 11th. This represents a c) annualized dividend and a yield of 7.6%. The ex-dividend date is Wednesday, March 4th. This is a 2.5% increase from Global X Alternative Income ETF’s previous monthly dividend of $0.08.

Global X Alternative Income ETF Trading Down 0.3%

NASDAQ ALTY traded down $0.04 during trading on Wednesday, reaching $12.40. The company’s stock had a trading volume of 18,317 shares, compared to its average volume of 26,727. The firm has a 50 day moving average price of $12.25 and a 200 day moving average price of $12.01. Global X Alternative Income ETF has a 12 month low of $10.57 and a 12 month high of $12.58. The firm has a market capitalization of $45.26 million, a price-to-earnings ratio of 17.85 and a beta of 0.69.

About Global X Alternative Income ETF

(Get Free Report)

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.

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Dividend History for Global X Alternative Income ETF (NASDAQ:ALTY)

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