ALPS Active REIT ETF (NASDAQ:REIT) to Issue $0.18 Quarterly Dividend

ALPS Active REIT ETF (NASDAQ:REIT) announced a quarterly dividend on Wednesday, March 18th, NASDAQ Dividends reports. Stockholders of record on Thursday, March 19th will be given a dividend of 0.1817 per share on Tuesday, March 24th. This represents a c) annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Thursday, March 19th.

ALPS Active REIT ETF Stock Performance

Shares of ALPS Active REIT ETF stock traded down $0.26 during mid-day trading on Thursday, hitting $27.90. 8,718 shares of the stock were exchanged, compared to its average volume of 9,525. ALPS Active REIT ETF has a 12 month low of $23.40 and a 12 month high of $29.38. The company has a 50-day simple moving average of $27.85 and a 200 day simple moving average of $27.03. The company has a market capitalization of $46.87 million, a P/E ratio of 35.67 and a beta of 0.99.

About ALPS Active REIT ETF

The ALPS Active REIT ETF (REIT) is an exchange-traded fund that mostly invests in real estate equity. The fund is an actively managed ETF that provides exposure to publicly traded equity securities of US REITs. REIT was launched on Feb 25, 2021 and is issued by SS&C.