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

Global X Alternative Income ETF (NASDAQ:ALTY) declared a monthly dividend on Tuesday, March 3rd, NASDAQ Dividends reports. Stockholders of record on Wednesday, March 4th will be paid a dividend of 0.0789 per share on Wednesday, March 11th. This represents a c) dividend on an annualized basis and a dividend yield of 7.6%. The ex-dividend date of this dividend 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%

ALTY stock traded down $0.04 during midday trading on Wednesday, hitting $12.40. The stock had a trading volume of 18,317 shares, compared to its average volume of 26,727. The stock has a 50-day simple moving average of $12.25 and a 200 day simple moving average of $12.01. Global X Alternative Income ETF has a 52 week low of $10.57 and a 52 week 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.

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.