Destra Multi-Alternative Fund (NYSE:DMA) Declares Monthly Dividend of $0.11

Destra Multi-Alternative Fund (NYSE:DMA) declared a monthly dividend on Tuesday, December 9th. Shareholders of record on Friday, January 30th will be given a dividend of 0.1125 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a yield of 15.0%. The ex-dividend date of this dividend is Friday, January 30th.

Destra Multi-Alternative Fund Price Performance

DMA traded up $0.27 during trading on Tuesday, reaching $9.03. The stock had a trading volume of 109,138 shares, compared to its average volume of 29,603. The stock’s 50 day moving average is $8.69 and its two-hundred day moving average is $8.69. Destra Multi-Alternative Fund has a one year low of $7.17 and a one year high of $9.12.

About Destra Multi-Alternative Fund

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.