ETRACS Alerian MLP Infrastructure Index ETN Series B (NYSEARCA:MLPB) Raises Dividend to $0.44 Per Share

ETRACS Alerian MLP Infrastructure Index ETN Series B (NYSEARCA:MLPB) declared a quarterly dividend on Friday, January 1st. Investors of record on Tuesday, January 13th will be given a dividend of 0.4357 per share on Thursday, January 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 6.7%. The ex-dividend date is Tuesday, January 13th. This is a 2.3% increase from ETRACS Alerian MLP Infrastructure Index ETN Series B’s previous quarterly dividend of $0.43.

ETRACS Alerian MLP Infrastructure Index ETN Series B Price Performance

Shares of ETRACS Alerian MLP Infrastructure Index ETN Series B stock opened at $25.88 on Friday. The business’s 50 day simple moving average is $25.26 and its 200 day simple moving average is $25.33. ETRACS Alerian MLP Infrastructure Index ETN Series B has a 52-week low of $22.75 and a 52-week high of $28.96.

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.