Alerian Energy Infrastructure ETF (NYSEARCA:ENFR) Increases Dividend to $0.38 Per Share

Alerian Energy Infrastructure ETF (NYSEARCA:ENFR) announced a quarterly dividend on Wednesday, May 14th, RTT News reports. Investors of record on Wednesday, May 14th will be given a dividend of 0.3771 per share on Monday, May 19th. This represents a $1.51 dividend on an annualized basis and a yield of 4.77%. This is a 31.1% increase from Alerian Energy Infrastructure ETF’s previous quarterly dividend of $0.29.

Alerian Energy Infrastructure ETF Stock Down 0.8%

NYSEARCA:ENFR opened at $31.59 on Thursday. The firm has a market capitalization of $301.05 million, a PE ratio of 18.49 and a beta of 0.98. Alerian Energy Infrastructure ETF has a 12-month low of $25.29 and a 12-month high of $34.28. The firm has a 50-day moving average price of $31.31 and a 200 day moving average price of $31.62.

About Alerian Energy Infrastructure ETF

The Alerian Energy Infrastructure ETF (ENFR) is an exchange-traded fund that is based on the Alerian Midstream Energy Select index. The fund tracks an index of energy infrastructure companies in the US and Canada, weighted by market capitalization. ENFR was launched on Nov 1, 2013 and is managed by Alerian.