Global X Alternative Income ETF (ALTY) To Go Ex-Dividend on May 5th

Global X Alternative Income ETF (NASDAQ:ALTY) declared a monthly dividend on Monday, May 4th, NASDAQ Dividends reports. Stockholders of record on Tuesday, May 5th will be paid a dividend of 0.079 per share on Tuesday, May 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 Tuesday, May 5th. This is a 0.9% increase from Global X Alternative Income ETF’s previous monthly dividend of $0.08.

Global X Alternative Income ETF Stock Down 0.4%

NASDAQ ALTY opened at $12.34 on Wednesday. Global X Alternative Income ETF has a twelve month low of $11.27 and a twelve month high of $12.58. The company has a market cap of $44.18 million, a price-to-earnings ratio of 17.85 and a beta of 0.61. The business’s fifty day moving average is $12.24 and its 200 day moving average is $12.13.

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.