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

Destra Multi-Alternative Fund (NYSE:DMA) declared a — dividend on Wednesday, December 11th,Wall Street Journal reports. Shareholders of record on Friday, December 20th will be given 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 Price Performance

DMA remained flat at $8.93 during midday trading on Wednesday. The company’s stock had a trading volume of 9,292 shares, compared to its average volume of 27,242. Destra Multi-Alternative Fund has a fifty-two week low of $6.01 and a fifty-two week high of $9.16. The firm has a 50 day moving average price of $8.82 and a two-hundred day moving average price of $8.37.

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.