Reminder - Destra Multi-alternative Fund (DMA) Goes Ex-Dividend Soon
Looking at the universe of stocks we cover at Dividend Channel, on 7/21/26, Destra Multi-alternative Fund (Symbol: DMA) will trade ex-dividend, for its monthly dividend of $0.1125, payable on 7/31/26. As a percentage of DMA's recent stock price of $7.75, this dividend works out to approximately 1.45%, so look for shares of Destra Multi-alternative Fund to trade 1.45% lower — all else being equal — when DMA shares open for trading on 7/21/26.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from DMA is likely to continue, and whether the current estimated yield of 17.43% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of DMA shares, versus its 200 day moving average:
Looking at the chart above, DMA's low point in its 52 week range is $6.94 per share, with $9.15 as the 52 week high point — that compares with a last trade of $7.75.
Destra Multi-alternative Fund is in our coverage universe of monthly dividend paying stocks. In Friday trading, Destra Multi-alternative Fund shares are currently up about 0.1% on the day.
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