Global X Alternative Income ETF (NASDAQ:ALTY) Announces $0.08 Monthly Dividend

Global X Alternative Income ETF (NASDAQ:ALTY) declared a monthly dividend on Thursday, July 2nd, NASDAQ Dividends reports. Stockholders of record on Monday, July 6th will be paid a dividend of 0.079 per share on Monday, July 13th. This represents a c) annualized dividend 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 remained flat at $12.39 during midday trading on Friday. The stock had a trading volume of 27,744 shares, compared to its average volume of 18,736. The firm has a 50-day moving average price of $12.34 and a two-hundred day moving average price of $12.25. The stock 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 52 week low of $11.56 and a 52 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.