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

Global X Alternative Income ETF (NASDAQ:ALTY) announced a monthly dividend on Tuesday, August 4th, NASDAQ Dividends reports. Stockholders of record on Wednesday, August 5th will be paid a dividend of 0.079 per share on Wednesday, August 12th. This represents a c) dividend on an annualized basis and a dividend yield of 7.7%. The ex-dividend date of this dividend is Wednesday, August 5th.

Global X Alternative Income ETF Stock Down 0.3%

Shares of ALTY stock opened at $12.33 on Wednesday. Global X Alternative Income ETF has a 12 month low of $11.65 and a 12 month high of $12.58. The company’s fifty day simple moving average is $12.35 and its 200-day simple moving average is $12.30. The firm has a market cap of $45.62 million, a PE ratio of 17.85 and a beta of 0.59.

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.