Global X Alternative Income ETF (NASDAQ:ALTY) to Issue Monthly Dividend of $0.07

Global X Alternative Income ETF (NASDAQ:ALTY) announced a monthly dividend on Thursday, May 2nd, NASDAQ reports. Investors of record on Monday, May 6th will be given a dividend of 0.0672 per share on Monday, May 13th. This represents a $0.81 dividend on an annualized basis and a yield of 7.15%. The ex-dividend date of this dividend is Friday, May 3rd.

Global X Alternative Income ETF Trading Up 0.4 %

Shares of ALTY stock opened at $11.28 on Friday. Global X Alternative Income ETF has a 12-month low of $10.31 and a 12-month high of $11.65. The business’s fifty day simple moving average is $11.34 and its 200-day simple moving average is $11.17. The company has a market cap of $34.63 million, a PE ratio of 14.89 and a beta of 0.99.

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.