ALPS Active REIT ETF (NASDAQ:REIT) Increases Dividend to $0.20 Per Share

ALPS Active REIT ETF (NASDAQ:REIT) announced a dividend on Wednesday, March 19th, NASDAQ Dividends reports. Shareholders of record on Thursday, March 20th will be paid a dividend of 0.1998 per share on Tuesday, March 25th. The ex-dividend date is Thursday, March 20th. This is a 5.4% increase from ALPS Active REIT ETF’s previous dividend of $0.19.

ALPS Active REIT ETF Price Performance

REIT stock traded down $0.27 during trading on Thursday, hitting $27.19. 6,109 shares of the company traded hands, compared to its average volume of 10,845. ALPS Active REIT ETF has a 1 year low of $23.61 and a 1 year high of $30.26. The company has a market cap of $42.15 million, a PE ratio of 32.40 and a beta of 1.01. The stock’s 50-day simple moving average is $27.63 and its 200 day simple moving average is $28.23.

About ALPS Active REIT ETF

The ALPS Active REIT ETF (REIT) is an exchange-traded fund that mostly invests in real estate equity. The fund is an actively managed ETF that provides exposure to publicly traded equity securities of US REITs. REIT was launched on Feb 25, 2021 and is issued by SS&C.