ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN (NYSEARCA:MLPR) Shareholders to Collect $1.76 Quarterly Dividend

ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN (NYSEARCA:MLPR) announced a quarterly dividend on Thursday, October 1st. Shareholders of record on Tuesday, October 13th will be paid a dividend of $1.7570 per share on Wednesday, October 21st. This represents a $7.03 dividend on an annualized basis and a yield of 10.0%. The ex-dividend date of this dividend is Tuesday, October 13th. This is a 0.6% decrease from ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN’s previous quarterly dividend of $1.7670.

ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN Price Performance

Shares of MLPR opened at $70.35 on Friday. ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN has a twelve month low of $49.81 and a twelve month high of $80.16. The company’s fifty day simple moving average is $75.66 and its 200-day simple moving average is $72.88.

ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN Company Profile

The ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN (MLPR) is an exchange-traded fund that is based on the Alerian MLP index. The fund provides quarterly 1.5x leveraged exposure to a market-cap-weighted index of 50 publicly traded energy MLPs. MLPR was launched on Jun 2, 2020 and is issued by ETRACS.