StockNews.AI
DMA
StockNews.AI
174 days

Destra Multi-Alternative Fund Announces Launch of Monthly Distribution Program

1. DMA will implement monthly dividends starting March 2025. 2. Dividends of $0.0725 per share announced for three months.

2m saved
Insight
Article

FAQ

Why Bullish?

Announcing dividends typically attracts investors and boosts stock prices. Historical data shows funds with stable or increasing dividends often see positive price momentum.

How important is it?

The implementation of monthly dividends directly affects DMA's attractiveness to investors, influencing trading behavior and long-term valuation.

Why Long Term?

Dividend announcements often lead to sustained investor interest over time. Market patterns suggest long-term value for funds committing to regular distributions.

Related Companies

BOZEMAN, Mont.--(BUSINESS WIRE)--The Destra Multi-Alternative Fund (the “Fund” or “DMA”), a closed-end fund traded on the New York Stock Exchange under the symbol DMA, is pleased to announce that its Board of Trustees have approved a monthly distribution policy for shareholders beginning in March of 2025 and have declared per share dividends for March, April, and May 2025. These announcements are detailed below:   March April May DMA $0.0725 $0.0725 $0.0725 Payment Date 3/31/2025 4/30/2025 5/30.

Related News