Global X Alternative Income ETF (ALTY) to Issue Monthly Dividend of $0.08 on July 13th

Global X Alternative Income ETF (NASDAQ:ALTY) announced a monthly dividend on Thursday, July 2nd, NASDAQ Dividends reports. Stockholders of record on Monday, July 6th will be given a dividend of 0.079 per share on Monday, July 13th. This represents a c) dividend on an annualized basis and a dividend yield of 7.7%. The ex-dividend date is Monday, July 6th.

Global X Alternative Income ETF Stock Performance

Shares of NASDAQ:ALTY opened at $12.39 on Friday. The company’s 50-day moving average is $12.34 and its 200 day moving average is $12.25. The company has a market capitalization of $45.47 million, a P/E ratio of 17.85 and a beta of 0.59. Global X Alternative Income ETF has a fifty-two week low of $11.56 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.