Global X SuperDividend REIT ETF (NASDAQ:SRET) Raises Dividend to $0.15 Per Share

Global X SuperDividend REIT ETF (NASDAQ:SRET) declared a monthly dividend on Tuesday, March 3rd, NASDAQ Dividends reports. Stockholders of record on Wednesday, March 4th will be given a dividend of 0.152 per share on Wednesday, March 11th. This represents a c) dividend on an annualized basis and a dividend yield of 8.1%. The ex-dividend date of this dividend is Wednesday, March 4th. This is a 1.3% increase from Global X SuperDividend REIT ETF’s previous monthly dividend of $0.15.

Global X SuperDividend REIT ETF Price Performance

NASDAQ:SRET traded down $0.07 during mid-day trading on Wednesday, hitting $22.54. 44,142 shares of the company’s stock were exchanged, compared to its average volume of 56,163. The company has a market cap of $244.78 million, a PE ratio of 16.47 and a beta of 0.93. The business has a fifty day moving average price of $22.51 and a 200 day moving average price of $21.99. Global X SuperDividend REIT ETF has a one year low of $18.09 and a one year high of $23.09.

Global X SuperDividend REIT ETF Company Profile

The Global X SuperDividend REIT ETF (SRET) is an exchange-traded fund that is based on the Solactive Global Superdividend REIT index. The fund tracks an equal-weighted index of global REITs, choosing 30 high-yield, low-volatility companies. SRET was launched on Mar 17, 2015 and is managed by Global X.