Global X SuperDividend REIT ETF (NASDAQ:SRET) Raises Dividend to $0.16 Per Share

Global X SuperDividend REIT ETF (NASDAQ:SRET) announced a monthly dividend on Wednesday, September 4th, NASDAQ reports. Investors of record on Thursday, September 5th will be given a dividend of 0.155 per share on Thursday, September 12th. This represents a $1.86 dividend on an annualized basis and a yield of 8.45%. The ex-dividend date of this dividend is Thursday, September 5th. This is a positive change from Global X SuperDividend REIT ETF’s previous monthly dividend of $0.15.

Global X SuperDividend REIT ETF Price Performance

Global X SuperDividend REIT ETF stock traded down $0.02 during mid-day trading on Thursday, reaching $22.02. 21,629 shares of the company traded hands, compared to its average volume of 32,598. Global X SuperDividend REIT ETF has a fifty-two week low of $18.06 and a fifty-two week high of $22.61. The firm’s fifty day moving average is $21.07 and its two-hundred day moving average is $20.28. The company has a market capitalization of $229.45 million, a price-to-earnings ratio of 9.61 and a beta of 1.22.

Global X SuperDividend REIT ETF Company Profile

The Global X SuperDividend REIT ETF (SRET) is an exchange-traded fund that is based on the Solactive Global Superdividend REIT index. The fund tracks an equal-weighted index of global REITs, choosing 30 high-yield, low-volatility companies. SRET was launched on Mar 17, 2015 and is managed by Global X.