Global X Alternative Income ETF (ALTY) To Go Ex-Dividend on July 3rd

Global X Alternative Income ETF (NASDAQ:ALTY) declared a monthly dividend on Tuesday, July 2nd, NASDAQ reports. Investors of record on Wednesday, July 3rd will be paid a dividend of 0.0672 per share on Thursday, July 11th. This represents a $0.81 annualized dividend and a yield of 7.06%. The ex-dividend date of this dividend is Wednesday, July 3rd.

Global X Alternative Income ETF Stock Performance

Shares of ALTY stock opened at $11.42 on Thursday. Global X Alternative Income ETF has a fifty-two week low of $10.31 and a fifty-two week high of $11.65. The firm has a market capitalization of $35.06 million, a price-to-earnings ratio of 15.21 and a beta of 0.99. The stock’s 50-day simple moving average is $11.33 and its 200-day simple moving average is $11.33.

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.