Destra Multi-Alternative Fund (DMA) Dividend Yield, History & Safety Analysis
Destra Multi-Alternative Fund (DMA) pays a high 18.39% dividend yield, or $1.35 per share annually at a stock price of $7.59. The payout ratio of 0% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend -0.3x. Dividend growth is accelerating — the 3-year CAGR of 1.7% exceeds the 5-year rate of 0.7% and the 10-year rate of 0.7%. The most recent ex-dividend date was June 18, 2026.
- Dividend Yield
- 18.39%
- Annual Dividend
- $1.35
- Payout Ratio
- 0.0%
- Consecutive Years of Growth
- 0
- Ex-Dividend Date
- 2026-06-18
- Sector
- Financial Services
- Earnings Per Share
- $-0.38
Frequently Asked Questions
What is DMA's current dividend yield?
Destra Multi-Alternative Fund (DMA) has a dividend yield of 18.39%, paying $1.35 per share annually.
How often does DMA pay dividends?
Destra Multi-Alternative Fund typically pays dividends on a quarterly basis. The annual dividend totals $1.35 per share.
Is DMA's dividend safe?
Destra Multi-Alternative Fund's dividend safety is rated "Safe." The payout ratio of 0% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend -0.3x.
When is DMA's next ex-dividend date?
The most recent ex-dividend date for Destra Multi-Alternative Fund was June 18, 2026. Ex-dividend dates are typically announced a few weeks before the payment date.
What is DMA's dividend growth rate?
Destra Multi-Alternative Fund has a 5-year dividend compound annual growth rate (CAGR) of 0.7%. The 10-year CAGR is 0.7%.
What is DMA's payout ratio?
Destra Multi-Alternative Fund has a payout ratio of 0%, meaning it distributes 0% of its earnings as dividends. This leaves significant room for dividend growth.
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