ETRACS Alerian MLP Infrastructure Index ETN Series B (MLPB) To Go Ex-Dividend on July 14th

ETRACS Alerian MLP Infrastructure Index ETN Series B (NYSEARCA:MLPB) declared a quarterly dividend on Friday, January 1st. Stockholders of record on Tuesday, July 14th will be paid a dividend of 0.4437 per share on Wednesday, July 22nd. This represents a c) annualized dividend and a dividend yield of 6.0%. The ex-dividend date is Tuesday, July 14th. This is a 1.8% increase from ETRACS Alerian MLP Infrastructure Index ETN Series B’s previous quarterly dividend of $0.44.

ETRACS Alerian MLP Infrastructure Index ETN Series B Stock Down 0.3%

NYSEARCA MLPB traded down $0.09 during trading hours on Friday, reaching $29.40. 257 shares of the company’s stock were exchanged, compared to its average volume of 6,593. The firm has a fifty day moving average of $29.25 and a 200-day moving average of $28.22. ETRACS Alerian MLP Infrastructure Index ETN Series B has a one year low of $23.41 and a one year high of $30.78.

About ETRACS Alerian MLP Infrastructure Index ETN Series B

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.