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

Global X Alternative Income ETF (NASDAQ:ALTY) declared a monthly dividend on Thursday, July 2nd, NASDAQ Dividends reports. Shareholders of record on Monday, July 6th will be given a dividend of 0.079 per share on Monday, July 13th. This represents a c) dividend on an annualized basis and a dividend yield of 7.7%. The ex-dividend date of this dividend is Monday, July 6th.

Global X Alternative Income ETF Price Performance

ALTY remained flat at $12.39 during midday trading on Friday. 27,744 shares of the company’s stock traded hands, compared to its average volume of 18,736. The stock’s 50-day moving average price is $12.34 and its 200 day moving average price is $12.25. Global X Alternative Income ETF has a fifty-two week low of $11.56 and a fifty-two week high of $12.58. The stock has a market cap of $45.47 million, a P/E ratio of 17.85 and a beta of 0.59.

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.