Destra Multi-Alternative Fund (DMA) to Issue Monthly Dividend of $0.11 on February 27th

Destra Multi-Alternative Fund (NYSE:DMA) announced a monthly dividend on Wednesday, December 3rd. Investors of record on Tuesday, February 17th will be given a dividend of 0.1125 per share on Friday, February 27th. This represents a c) annualized dividend and a yield of 15.6%. The ex-dividend date of this dividend is Tuesday, February 17th.

Destra Multi-Alternative Fund Price Performance

Shares of NYSE DMA opened at $8.67 on Friday. Destra Multi-Alternative Fund has a 12 month low of $7.17 and a 12 month high of $9.15. The stock has a 50-day moving average price of $8.96 and a two-hundred day moving average price of $8.78.

About Destra Multi-Alternative Fund

Destra Multi-Alternative Fund Inc (NYSE: DMA) is a closed-end, diversified management investment company that employs a multi-alternative strategy to deliver income and total return. The fund seeks to achieve its objectives by allocating assets among a variety of alternative income-producing investments, including closed-end funds, business development companies (BDCs), real estate investment trusts (REITs), master limited partnerships (MLPs) and preferred securities. This blend of assets is intended to provide a level of diversification and potential for regular distributions.

The fund’s investment approach combines fundamental research with active portfolio management, targeting securities with attractive yield characteristics and growth potential.