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

ALPS Active REIT ETF (NASDAQ:REIT) announced a dividend on Wednesday, March 19th, NASDAQ Dividends reports. Shareholders 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 Stock Down 1.0 %

NASDAQ:REIT opened at $27.19 on Friday. The stock’s 50 day moving average price is $27.64 and its two-hundred day moving average price is $28.22. The firm has a market capitalization of $42.15 million, a price-to-earnings ratio of 32.40 and a beta of 1.01. ALPS Active REIT ETF has a 12-month low of $23.61 and a 12-month high of $30.26.

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.