ALPS Active REIT ETF (REIT) to Distribute Quarterly Dividend of $0.21 on June 24th

ALPS Active REIT ETF (NASDAQ:REIT) announced a quarterly dividend on Wednesday, June 17th, NASDAQ Dividends reports. Stockholders of record on Thursday, June 18th will be paid a dividend of 0.2109 per share on Wednesday, June 24th. This represents a c) annualized dividend and a dividend 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 NASDAQ:REIT opened at $29.67 on Friday. ALPS Active REIT ETF has a 12 month low of $25.63 and a 12 month high of $31.19. The company has a 50-day moving average price of $29.68 and a 200 day moving average price of $28.16. The company has a market cap of $50.44 million, a price-to-earnings ratio of 35.67 and a beta of 0.94.

ALPS Active REIT ETF Company Profile

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.