ETRACS Alerian MLP Index ETN Series B (NYSEARCA:AMUB) Increases Dividend to $0.32 Per Share

ETRACS Alerian MLP Index ETN Series B (NYSEARCA:AMUB) declared a quarterly dividend on Friday, January 1st. Shareholders of record on Friday, May 29th will be given a dividend of 0.3242 per share on Thursday, July 2nd. This represents a c) dividend on an annualized basis and a yield of 5.7%. The ex-dividend date is Friday, May 29th. This is a 1.2% increase from ETRACS Alerian MLP Index ETN Series B’s previous quarterly dividend of $0.32.

ETRACS Alerian MLP Index ETN Series B Stock Performance

NYSEARCA AMUB opened at $22.90 on Wednesday. ETRACS Alerian MLP Index ETN Series B has a one year low of $17.65 and a one year high of $23.55. The firm’s fifty day moving average is $22.11 and its two-hundred day moving average is $20.71.

ETRACS Alerian MLP Index ETN Series B Company Profile

The ETRACS Alerian MLP Index ETN Class B (AMUB) is an exchange-traded fund that is based on the Alerian MLP index, a market-cap-weighted index of 50 publicly traded energy MLPs. AMUB was launched on Oct 8, 2015 and is issued by ETRACS.