Destra Multi-Alternative Fund (NYSE:DMA) Plans — Dividend of $0.07

Destra Multi-Alternative Fund (NYSE:DMA) announced a — dividend on Friday, February 28th, Wall Street Journal reports. Shareholders of record on Monday, May 19th will be paid a dividend of 0.0725 per share on Friday, May 30th. This represents a dividend yield of 3.2%. The ex-dividend date of this dividend is Monday, May 19th.

Destra Multi-Alternative Fund Stock Performance

Shares of DMA opened at $8.80 on Friday. The stock’s 50-day moving average price is $8.56 and its two-hundred day moving average price is $8.62. Destra Multi-Alternative Fund has a 1 year low of $6.93 and a 1 year high of $9.16.

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.