Destra Multi-Alternative Fund (NYSE:DMA – Get Free Report) announced a monthly dividend on Thursday, October 8th. Investors of record on Tuesday, October 20th will be paid a dividend of $0.1150 per share on Friday, October 30th. This represents a $1.38 annualized dividend and a dividend yield of 19.3%. The ex-dividend date of this dividend is Tuesday, October 20th. This is a 2.2% increase from Destra Multi-Alternative Fund’s previous monthly dividend of $0.1125.
Destra Multi-Alternative Fund Trading Down 1.4%
Shares of DMA opened at $7.14 on Friday. Destra Multi-Alternative Fund has a 52 week low of $6.94 and a 52 week high of $9.15. The firm’s 50-day simple moving average is $7.56 and its 200 day simple moving average is $7.58.
Destra Multi-Alternative Fund Company Profile
Destra Multi-Alternative Fund (NYSE: DMA) is a closed-end management investment company designed to provide investors with exposure to a diversified portfolio of alternative investments. The fund seeks to generate a combination of current income and long-term capital appreciation through investments in asset classes and strategies that may complement traditional stocks and bonds.
The fund may invest across a range of alternative and nontraditional assets, including private and public securities, credit-related investments, real assets, real estate-related investments, and other investment vehicles managed by specialized investment firms.
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