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

Global X Alternative Income ETF (NASDAQ:ALTY) declared a monthly dividend on Thursday, May 2nd, NASDAQ reports. Stockholders 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 dividend yield of 7.15%. The ex-dividend date of this dividend is Friday, May 3rd.

Global X Alternative Income ETF Stock Up 0.4 %

NASDAQ ALTY traded up $0.05 during trading on Friday, hitting $11.28. The company’s stock had a trading volume of 31,779 shares, compared to its average volume of 11,801. Global X Alternative Income ETF has a 52 week low of $10.31 and a 52 week high of $11.65. The firm has a market cap of $34.63 million, a P/E ratio of 14.89 and a beta of 0.99. The firm has a 50 day moving average price of $11.34 and a 200 day moving average price of $11.17.

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.