Destra Multi-Alternative Fund to Issue Annual Dividend of $0.07 (NYSE:DMA)

Destra Multi-Alternative Fund (NYSE:DMA) announced an annual dividend on Wednesday, February 26th, NASDAQ Dividends reports. Shareholders of record on Thursday, March 20th will be paid a dividend of 0.0725 per share on Monday, March 31st. This represents a yield of 3.2%. The ex-dividend date is Thursday, March 20th.

Destra Multi-Alternative Fund Trading Up 0.9 %

Shares of NYSE DMA traded up $0.08 during midday trading on Thursday, reaching $8.79. 139,825 shares of the stock were exchanged, compared to its average volume of 31,237. Destra Multi-Alternative Fund has a 12 month low of $6.93 and a 12 month high of $9.16. The business has a 50-day simple moving average of $8.56 and a two-hundred day simple moving average of $8.62.

About Destra Multi-Alternative Fund

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.