Alger AI Enablers & Adopters ETF to Issue Annual Dividend of $0.54 (NYSEARCA:ALAI)

Alger AI Enablers & Adopters ETF (NYSEARCA:ALAI) announced an annual dividend on Wednesday, December 17th. Shareholders of record on Thursday, December 18th will be given a dividend of 0.5411 per share on Wednesday, December 31st. This represents a dividend yield of 153.0%. The ex-dividend date is Thursday, December 18th.

Alger AI Enablers & Adopters ETF Price Performance

Alger AI Enablers & Adopters ETF stock opened at $35.33 on Thursday. The firm has a market capitalization of $274.87 million, a P/E ratio of 29.71 and a beta of 1.95. Alger AI Enablers & Adopters ETF has a one year low of $20.03 and a one year high of $39.26. The business has a fifty day moving average price of $36.95 and a 200-day moving average price of $34.29.

Alger AI Enablers & Adopters ETF Company Profile

The Alger AI Enablers & Adopters ETF (ALAI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, investing in firms benefiting from developing, integrating or enabling artificial intelligence (AI) technology. The fund seeks long-term capital growth through fundamental research ALAI was launched on Apr 4, 2024 and is issued by Alger.