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. Shareholders of record on Wednesday, March 4th will be paid a dividend of 0.0789 per share on Wednesday, March 11th. This represents a c) annualized dividend and a 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 Price Performance

Shares of ALTY stock traded down $0.04 during mid-day 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 firm has a market cap of $45.26 million, a PE ratio of 17.85 and a beta of 0.69. The company’s 50-day simple moving average is $12.25 and its 200-day simple moving average is $12.01. Global X Alternative Income ETF has a fifty-two week low of $10.57 and a fifty-two week high of $12.58.

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.