Destra Multi-Alternative Fund Announces — Dividend of $0.32 (NYSE:DMA)

by · The Cerbat Gem

Destra Multi-Alternative Fund (NYSE:DMA – Get Free Report) announced a — dividend on Wednesday, December 11th,Wall Street Journal reports. Shareholders of record on Friday, December 20th will be paid a dividend of 0.3239 per share on Tuesday, December 31st. This represents a yield of 7.7%. The ex-dividend date is Friday, December 20th.

Destra Multi-Alternative Fund Stock Performance

DMA remained flat at $8.93 during trading on Wednesday. The company’s stock had a trading volume of 9,292 shares, compared to its average volume of 27,242. The business’s 50-day moving average is $8.82 and its 200 day moving average is $8.37. Destra Multi-Alternative Fund has a 1-year low of $6.01 and a 1-year high of $9.16.

About Destra Multi-Alternative Fund

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Multi-Strategy Growth & Income Fund is a closed ended balanced mutual fund launched and managed by Pinhook Capital, LLC. It invests in public equity and fixed income markets of the United States. For its equity portion, the fund primarily invests directly, in other funds, and through derivatives such as options to invest in stocks of companies operating in the real estate sector, including real estate investment trusts.

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