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

Global X Alternative Income ETF (NASDAQ:ALTY) declared a monthly dividend on Wednesday, September 2nd. Investors of record on Thursday, September 3rd will be given a dividend of 0.08 per share on Friday, September 11th. This represents a c) annualized dividend and a dividend yield of 7.8%. The ex-dividend date of this dividend is Thursday, September 3rd. This is a 1.3% increase from Global X Alternative Income ETF’s previous monthly dividend of $0.08.

Global X Alternative Income ETF Stock Up 0.2%

Shares of NASDAQ:ALTY opened at $12.28 on Thursday. The stock has a market cap of $45.44 million, a PE ratio of 17.85 and a beta of 0.59. The company’s fifty day moving average is $12.36 and its 200 day moving average is $12.31. Global X Alternative Income ETF has a 52 week low of $11.65 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.