ALPS Active REIT ETF (NASDAQ:REIT) Plans Quarterly Dividend of $0.21

ALPS Active REIT ETF (NASDAQ:REIT) declared a quarterly dividend on Wednesday, June 17th, NASDAQ Dividends reports. Shareholders of record on Thursday, June 18th will be paid a dividend of 0.2109 per share on Wednesday, June 24th. This represents a c) dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Thursday, June 18th. This is a 16.1% increase from ALPS Active REIT ETF’s previous quarterly dividend of $0.18.

ALPS Active REIT ETF Trading Down 0.2%

Shares of ALPS Active REIT ETF stock traded down $0.06 during trading on Thursday, hitting $29.67. 10,189 shares of the stock were exchanged, compared to its average volume of 9,151. The stock has a market capitalization of $50.44 million, a price-to-earnings ratio of 35.67 and a beta of 0.94. The company has a fifty day moving average price of $29.64 and a 200-day moving average price of $28.14. ALPS Active REIT ETF has a 1-year low of $25.63 and a 1-year high of $31.19.

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.