Global X Alternative Income ETF (NASDAQ:ALTY) Declares $0.07 Monthly Dividend

Global X Alternative Income ETF (NASDAQ:ALTY) announced a monthly dividend on Wednesday, September 4th, NASDAQ reports. Shareholders of record on Thursday, September 5th will be paid a dividend of 0.071 per share on Thursday, September 12th. This represents a $0.85 annualized dividend and a dividend yield of 7.25%. The ex-dividend date of this dividend is Thursday, September 5th.

Global X Alternative Income ETF Price Performance

Shares of ALTY stock traded down $0.04 during mid-day trading on Thursday, hitting $11.76. The stock had a trading volume of 954 shares, compared to its average volume of 10,714. Global X Alternative Income ETF has a 12-month low of $10.31 and a 12-month high of $11.89. The firm has a market capitalization of $34.56 million, a P/E ratio of 15.21 and a beta of 0.99. The firm’s 50-day moving average is $11.58 and its two-hundred day moving average is $11.42.

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.