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

Global X Alternative Income ETF (NASDAQ:ALTY) declared 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 yield of 7.7%. The ex-dividend date of this dividend is Wednesday, August 5th.

Global X Alternative Income ETF Trading Up 0.2%

ALTY stock opened at $12.39 on Wednesday. The stock has a market cap of $45.84 million, a P/E ratio of 17.85 and a beta of 0.59. The stock’s fifty day simple moving average is $12.35 and its two-hundred day simple moving average is $12.30. Global X Alternative Income ETF has a 1-year low of $11.65 and a 1-year high of $12.58.

About Global X Alternative Income ETF

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.