ALPS Active REIT ETF (NASDAQ:REIT) Declares Dividend of $0.20

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 paid 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 Stock Performance

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

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.