Destra Multi-Alternative Fund (DMA) to Issue Monthly Dividend of $0.08 on November 28th

Destra Multi-Alternative Fund (NYSE:DMA) announced a monthly dividend on Monday, August 18th. Shareholders of record on Monday, November 17th will be paid a dividend of 0.0825 per share on Friday, November 28th. This represents a c) annualized dividend and a yield of 11.2%. The ex-dividend date of this dividend is Monday, November 17th.

Destra Multi-Alternative Fund Stock Performance

Destra Multi-Alternative Fund stock traded up $0.01 during trading hours on Friday, reaching $8.82. 12,905 shares of the company’s stock traded hands, compared to its average volume of 29,861. Destra Multi-Alternative Fund has a fifty-two week low of $7.17 and a fifty-two week high of $9.16. The firm’s 50 day moving average is $8.69 and its 200-day moving average is $8.68.

About Destra Multi-Alternative Fund

Multi-Strategy Growth & Income Fund is a closed ended balanced mutual fund launched and managed by Pinhook Capital, LLC. It invests in public equity and fixed income markets of the United States. For its equity portion, the fund primarily invests directly, in other funds, and through derivatives such as options to invest in stocks of companies operating in the real estate sector, including real estate investment trusts.