ETRACS Alerian MLP Index ETN Series B (NYSEARCA:AMUB) Declares Dividend of $0.31

ETRACS Alerian MLP Index ETN Series B (NYSEARCA:AMUB) announced a dividend on Sunday, May 25th, investing.com reports. Stockholders of record on Friday, May 30th will be paid a dividend of 0.3085 per share on Friday, June 6th. The ex-dividend date is Thursday, May 29th. This is a 3.0% increase from ETRACS Alerian MLP Index ETN Series B’s previous dividend of $0.30.

ETRACS Alerian MLP Index ETN Series B Trading Up 0.5%

NYSEARCA:AMUB opened at $19.21 on Friday. ETRACS Alerian MLP Index ETN Series B has a 1-year low of $16.86 and a 1-year high of $20.88. The stock has a fifty day simple moving average of $19.13 and a 200 day simple moving average of $19.41.

About ETRACS Alerian MLP Index ETN Series B

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.