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

Destra Multi-Alternative Fund (NYSE:DMA) announced an annual dividend on Thursday, February 27th, Wall Street Journal reports. Stockholders of record on Monday, May 19th will be given a dividend of 0.0725 per share on Friday, May 30th. This represents a dividend yield of 3.2%. The ex-dividend date is Monday, May 19th.

Destra Multi-Alternative Fund Price Performance

Shares of NYSE DMA opened at $8.79 on Friday. The company’s fifty day simple moving average is $8.56 and its 200 day simple moving average is $8.62. Destra Multi-Alternative Fund has a 12-month low of $6.93 and a 12-month high of $9.16.

Destra Multi-Alternative Fund Company Profile

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.