iPath S&P MLP ETN (NYSEARCA:IMLP) declared a quarterly dividend on Wednesday, November 21st, Wall Street Journal reports. Investors of record on Thursday, November 29th will be paid a dividend of 0.2894 per share on Friday, December 7th. This represents a $1.16 dividend on an annualized basis and a yield of 7.02%. The ex-dividend date of this dividend is Wednesday, November 28th.

Shares of NYSEARCA IMLP opened at $16.49 on Thursday. iPath S&P MLP ETN has a twelve month low of $15.44 and a twelve month high of $19.89.

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