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

Global X Alternative Income ETF (NASDAQ:ALTY) announced a monthly dividend on Tuesday, August 4th, NASDAQ Dividends reports. Shareholders of record on Wednesday, August 5th will be given a dividend of 0.079 per share on Wednesday, August 12th. This represents a c) annualized dividend and a dividend yield of 7.7%. The ex-dividend date is Wednesday, August 5th.

Global X Alternative Income ETF Trading Up 0.2%

Shares of ALTY opened at $12.39 on Wednesday. Global X Alternative Income ETF has a 12-month low of $11.65 and a 12-month high of $12.58. The company has a market cap of $45.84 million, a PE ratio of 17.85 and a beta of 0.59. The stock has a 50-day moving average price of $12.35 and a 200-day moving average price of $12.30.

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.