Global X SuperDividend REIT ETF (NASDAQ:SRET) to Issue $0.14 Monthly Dividend

Global X SuperDividend REIT ETF (NASDAQ:SRET) announced a monthly dividend on Thursday, May 2nd, NASDAQ reports. Investors of record on Monday, May 6th will be paid a dividend of 0.135 per share on Monday, May 13th. This represents a $1.62 dividend on an annualized basis and a yield of 8.20%. The ex-dividend date is Friday, May 3rd.

Global X SuperDividend REIT ETF Price Performance

NASDAQ SRET traded up $0.07 on Friday, hitting $19.76. 56,261 shares of the company’s stock were exchanged, compared to its average volume of 36,754. The firm has a market cap of $212.62 million, a price-to-earnings ratio of 9.32 and a beta of 1.22. The firm’s 50-day moving average price is $19.80 and its two-hundred day moving average price is $20.28. Global X SuperDividend REIT ETF has a fifty-two week low of $18.06 and a fifty-two week high of $22.99.

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.