ALPS Active REIT ETF (NASDAQ:REIT) Raises Dividend to $0.27 Per Share

ALPS Active REIT ETF (NASDAQ:REIT) declared a quarterly dividend on Wednesday, September 16th. Shareholders of record on Thursday, September 17th will be given a dividend of 0.2724 per share on Tuesday, September 22nd. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend is Thursday, September 17th. This is a 29.1% increase from ALPS Active REIT ETF’s previous quarterly dividend of $0.21.

ALPS Active REIT ETF Price Performance

Shares of NASDAQ:REIT opened at $29.28 on Thursday. ALPS Active REIT ETF has a 1 year low of $25.90 and a 1 year high of $32.16. The company has a market capitalization of $58.53 million, a PE ratio of 35.67 and a beta of 0.93. The business has a fifty day moving average price of $30.64 and a two-hundred day moving average price of $29.77.

About ALPS Active REIT ETF

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.