ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN (NYSEARCA:MLPR) Declares Quarterly Dividend of $1.66

ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN (NYSEARCA:MLPR) announced a quarterly dividend on Friday, January 1st. Shareholders of record on Monday, April 13th will be given a dividend of 1.6645 per share on Tuesday, April 21st. This represents a c) annualized dividend and a yield of 9.4%. The ex-dividend date of this dividend is Monday, April 13th. This is a 2.6% increase from ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN’s previous quarterly dividend of $1.62.

ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN Stock Down 0.1%

NYSEARCA MLPR opened at $70.73 on Friday. ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN has a 52 week low of $49.81 and a 52 week high of $77.89. The firm’s 50-day simple moving average is $69.54 and its two-hundred day simple moving average is $61.96.

About ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN

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.