Destra Multi-Alternative Fund Declares Monthly Dividend of $0.11 (NYSE:DMA)

Destra Multi-Alternative Fund (NYSE:DMA) declared a monthly dividend on Tuesday, December 9th. Stockholders of record on Friday, September 18th will be paid a dividend of 0.1125 per share on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 15.0%. The ex-dividend date of this dividend is Friday, September 18th.

Destra Multi-Alternative Fund Stock Performance

Shares of DMA stock traded up $0.27 during trading on Tuesday, reaching $9.03. The company’s stock had a trading volume of 109,138 shares, compared to its average volume of 29,603. The business has a fifty day moving average price of $8.69 and a 200-day moving average price of $8.69. Destra Multi-Alternative Fund has a one year low of $7.17 and a one year high of $9.12.

Destra Multi-Alternative Fund Company Profile

Multi-Strategy Growth & Income Fund is a closed ended balanced mutual fund launched and managed by Pinhook Capital, LLC. It invests in public equity and fixed income markets of the United States. For its equity portion, the fund primarily invests directly, in other funds, and through derivatives such as options to invest in stocks of companies operating in the real estate sector, including real estate investment trusts.