ETRACS Alerian MLP Infrastructure Index ETN Series B (NYSEARCA:MLPB) Shareholders to Get $0.43 Quarterly Dividend

ETRACS Alerian MLP Infrastructure Index ETN Series B (NYSEARCA:MLPB) announced a quarterly dividend on Thursday, October 1st. Stockholders of record on Tuesday, October 13th will be given a dividend of $0.4342 per share on Wednesday, October 21st. This represents a $1.74 annualized dividend and a dividend yield of 5.9%. The ex-dividend date of this dividend is Tuesday, October 13th. This is a 2.1% decrease from ETRACS Alerian MLP Infrastructure Index ETN Series B’s previous quarterly dividend of $0.4437.

ETRACS Alerian MLP Infrastructure Index ETN Series B Price Performance

Shares of ETRACS Alerian MLP Infrastructure Index ETN Series B stock opened at $29.53 on Friday. The business has a 50 day moving average price of $30.71 and a 200-day moving average price of $29.74. ETRACS Alerian MLP Infrastructure Index ETN Series B has a 52 week low of $23.41 and a 52 week high of $31.94.

ETRACS Alerian MLP Infrastructure Index ETN Series B Company Profile

The ETRACS Alerian MLP Infrastructure Index ETN Series B (MLPB) is an exchange-traded fund that is based on the Alerian MLP Infrastructure index, a market-cap-weighted index of 25 North American energy infrastructure master limited partnerships. MLPB was launched on Oct 8, 2015 and is issued by ETRACS.