Global X SuperDividend REIT ETF (NASDAQ:SRET) Raises Dividend to $0.15 Per Share

Global X SuperDividend REIT ETF (NASDAQ:SRET) announced a monthly dividend on Tuesday, February 3rd. Stockholders of record on Wednesday, February 4th will be paid a dividend of 0.15 per share on Wednesday, February 11th. This represents a c) annualized dividend and a dividend yield of 8.0%. The ex-dividend date of this dividend is Wednesday, February 4th. This is a 3.4% increase from Global X SuperDividend REIT ETF’s previous monthly dividend of $0.15.

Global X SuperDividend REIT ETF Trading Down 0.3%

Shares of NASDAQ:SRET traded down $0.07 during mid-day trading on Wednesday, hitting $22.45. 8,528 shares of the company traded hands, compared to its average volume of 61,509. The stock has a market cap of $243.81 million, a P/E ratio of 16.47 and a beta of 0.93. Global X SuperDividend REIT ETF has a 12-month low of $18.09 and a 12-month high of $22.95. The stock has a 50-day moving average price of $22.13 and a two-hundred day moving average price of $21.78.

Global X SuperDividend REIT ETF Company Profile

The Global X SuperDividend REIT ETF (SRET) is an exchange-traded fund that is based on the Solactive Global Superdividend REIT index. The fund tracks an equal-weighted index of global REITs, choosing 30 high-yield, low-volatility companies. SRET was launched on Mar 17, 2015 and is managed by Global X.