ALPS Active REIT ETF (NASDAQ:REIT) Declares Quarterly Dividend of $0.21

ALPS Active REIT ETF (NASDAQ:REIT – Get Free Report) 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 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 Stock Down 0.2%

Shares of REIT stock traded down $0.06 during mid-day trading on Thursday, reaching $29.67. The stock had a trading volume of 10,189 shares, compared to its average volume of 9,151. ALPS Active REIT ETF has a one year low of $25.63 and a one year high of $31.19. The firm has a market cap of $50.44 million, a PE ratio of 35.67 and a beta of 0.94. The firm’s 50 day simple moving average is $29.64 and its 200 day simple moving average is $28.14.

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About ALPS Active REIT ETF

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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.

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