Is Global X S&P 500 Covered stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Global X S&P 500 Covered pays dividends. Last time was Monday 26th of August 2024 where the investors holding the stock on Monday 19th of August 2024 were paid $0.4 per share. Over the last 98 times between 2013 and 2024, Global X S&P 500 Covered has paid $26.29029 with an average of $0.27 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Global X S&P 500 Covered 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was $49.11, you would have made a loss of $-8.63 per share or -17.57%
Yes, the average daily trading liquidity for Global X S&P 500 Covered is $422 274 thousand. You should therefore be able to get in and out of your positions relatively fast.
Global X S&P 500 Covered has N/A of the business financed by loans. This puts the company at N/A risk in periods of high inflation where borrowing costs usually go up. With a N/A cash flow to debt ratio of 0, the company's ability to pay off the debt is N/A. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.
We have calculated the inflation risk for Global X S&P 500 Covered to be low [0 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.