LALT is First Trust's First Trust Multi-Strategy Alternative ETF (Multistrategy). Trading at $24.51. Current dividend yield: 1.20%.
Dividend snapshot
| Annual dividend rate | $0.29 |
| Current yield | 1.20% |
| Payment frequency | Quarterly |
| Next ex-dividend date | Sep 25, 2026(in 22 days) |
| Most recent payment date | Jun 30, 2026 |
| Last payment amount | $0.0737 |
| 5-year dividend CAGR | — |
| 3-year dividend CAGR | — |
| Expense ratio | 1.18% |
| Payout ratio | 0% |
| Market cap | $61M |
| Exchange | PCX |
Recent dividend payments
| Date | Amount / share |
|---|---|
| 2026-06-25 | $0.0737 |
| 2026-03-26 | $0.5038 |
| 2025-12-12 | $0.3239 |
| 2025-06-26 | $0.0817 |
| 2025-03-27 | $0.0577 |
| 2024-12-13 | $0.3573 |
About LALT
The fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by allocating its assets amongst a variety of alternative asset categories and strategies in an effort to provide lower correlation and diversifying risk exposures compared to traditional equity and fixed income benchmarks (e.g., the S&P 500® Index or Bloomberg Aggregate Bond Index) over various market cycles. The fund is non-diversified.
Frequently asked
What is LALT's dividend yield?
LALT (First Trust Multi-Strategy Alternative ETF) currently has a dividend yield of 1.20%, which works out to about $0.29 in annual dividend payments per share.
When is LALT's next ex-dividend date?
LALT's next ex-dividend date is Sep 25, 2026 (in 22 days). To receive the upcoming dividend, you must own shares before this date.
When did LALT last pay a dividend?
LALT's most recent dividend payment date was Jun 30, 2026.
How often does LALT pay dividends?
LALT pays dividends on a quarterly schedule.
Track LALT in DiviDrip
Add LALT to your portfolio on DiviDrip to track every buy, DRIP reinvestment, and dividend payment in one place. Free, no credit card, no upsell — built by dividend investors, for dividend investors.
- Open DiviDrip — search LALT and add your shares.
- View the LALT Dividend Triangle — see Revenue × EPS × Dividend growth at a glance.
- Stock Screener — find more dividend payers like LALT.
- DiviDrip Learn — free guides on DRIP, dividend tiers, ETF comparisons.
Data refreshed 2026-09-03. Not investment advice. Yields and prices change continuously; always verify the latest numbers in the live app before buying.