ALPS Active REIT ETF (NASDAQ:REIT) to Issue Dividend Increase – $0.20 Per Share

ALPS Active REIT ETF (NASDAQ:REIT) announced a dividend on Wednesday, March 19th, NASDAQ Dividends reports. Stockholders of record on Thursday, March 20th will be given a dividend of 0.1998 per share on Tuesday, March 25th. The ex-dividend date is Thursday, March 20th. This is a 5.4% increase from ALPS Active REIT ETF’s previous dividend of $0.19.

ALPS Active REIT ETF Trading Down 1.0 %

NASDAQ:REIT traded down $0.27 during trading hours on Thursday, reaching $27.19. The company had a trading volume of 6,109 shares, compared to its average volume of 10,845. The firm has a market cap of $42.15 million, a price-to-earnings ratio of 32.40 and a beta of 1.01. The firm’s 50 day moving average price is $27.63 and its 200-day moving average price is $28.23. ALPS Active REIT ETF has a 52 week low of $23.61 and a 52 week high of $30.26.

ALPS Active REIT ETF Company Profile

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.