Dividend Information About Destra Multi: Everything You Need to Know Before Its Ex-Dividend Date Sept 19, 2025

Destra Multi-Alternative Fund (DMA) is set to distribute a cash dividend of $0.0825 per share to shareholders, with the ex-dividend date scheduled for Sept 19, 2025. The company announced the dividend on Aug 18, 2025, with the actual payout expected on Sept 30, 2025. This upcoming dividend of $0.0825 per share is higher than the average of the last 10 dividend payments, which stood at approximately $0.07155. The most recent dividend was also $0.0825 per share, issued on Aug 29, 2025, and was similarly in the form of a cash dividend. Investors who wish to receive this dividend must purchase shares before the ex-dividend date; any purchase made on or after Sept 19, 2025, will not qualify for the upcoming payout.

Over the past week, there has been notable insider activity involving Destra Multi-Alternative Fund. On Sept 9, 2025, a Form 4 filing reported the acquisition of 68,449 shares at $8.60 per share, suggesting increased confidence from a major shareholder. Saba Capital Management, a significant stakeholder in the fund, has also recently boosted its holdings in DMA, with new insider transactions reported on Sept 11, 2025. These developments indicate that key investors are actively increasing their positions in the company, likely due to its attractive dividend yield and recent performance.

Additionally, DMA has shown strong momentum recently, with a return of approximately 13% over the past year and a current yield of about 11.4% at its current price of $8.69 per share. Analysts have also noted the stock’s relatively low daily price movements, making it a potentially stable investment for income-focused investors. While recent technical indicators have suggested a sell signal due to a pivot top, the overall fundamentals remain robust, supported by consistent dividend payments and positive insider activity.

In conclusion, Destra Multi-Alternative Fund continues to attract attention from both institutional investors and market observers due to its solid performance, consistent dividend payouts, and recent insider buying. The ex-dividend date of Sept 19, 2025, marks the final day investors can purchase the stock and still qualify for the upcoming dividend of $0.0825 per share. Those looking to participate in this distribution must ensure their shares are held before this date to be eligible.