Global X SuperDividend REIT ETF (NASDAQ:SRET) Announces Dividend Increase – $0.15 Per Share

Global X SuperDividend REIT ETF (NASDAQ:SRET) announced a monthly dividend on Monday, May 4th, NASDAQ Dividends reports. Investors of record on Tuesday, May 5th will be paid a dividend of 0.153 per share on Tuesday, May 12th. This represents a c) dividend on an annualized basis and a dividend yield of 8.1%. The ex-dividend date of this dividend is Tuesday, May 5th. This is a 0.7% increase from Global X SuperDividend REIT ETF’s previous monthly dividend of $0.15.

Global X SuperDividend REIT ETF Trading Up 0.1%

Shares of SRET stock traded up $0.03 during trading on Tuesday, reaching $22.57. 21,323 shares of the company’s stock traded hands, compared to its average volume of 54,671. The company has a market capitalization of $235.63 million, a P/E ratio of 16.47 and a beta of 0.87. The firm’s 50-day moving average is $22.06 and its 200 day moving average is $22.06. Global X SuperDividend REIT ETF has a 1 year low of $20.04 and a 1 year high of $23.09.

About Global X SuperDividend REIT ETF

The Global X SuperDividend REIT ETF (SRET) is an exchange-traded fund that is based on the Solactive Global Superdividend REIT index. The fund tracks an equal-weighted index of global REITs, choosing 30 high-yield, low-volatility companies. SRET was launched on Mar 17, 2015 and is managed by Global X.