Alerian MLP Index ETNs due January 28, 2044 (AMJB) to Issue Dividend of $0.48 on March 11th

Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) announced a dividend on Tuesday, February 25th, NASDAQ Dividends reports. Stockholders of record on Monday, March 3rd will be paid a dividend of 0.4752 per share on Tuesday, March 11th. The ex-dividend date is Monday, March 3rd. This is an increase from Alerian MLP Index ETNs due January 28, 2044’s previous dividend of $0.45.

Alerian MLP Index ETNs due January 28, 2044 Stock Performance

Shares of Alerian MLP Index ETNs due January 28, 2044 stock opened at $32.99 on Friday. The firm has a fifty day simple moving average of $31.58 and a 200-day simple moving average of $29.94. Alerian MLP Index ETNs due January 28, 2044 has a 1-year low of $27.00 and a 1-year high of $33.40.

Insider Transactions at Alerian MLP Index ETNs due January 28, 2044

In related news, CEO Troy L. Rohrbaugh sold 37,500 shares of the company’s stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $269.84, for a total transaction of $10,119,000.00. Following the completion of the transaction, the chief executive officer now directly owns 158,381 shares in the company, valued at $42,737,529.04. This represents a 19.14 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Lori A. Beer sold 2,053 shares of the company’s stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $269.88, for a total transaction of $554,063.64. Following the transaction, the insider now owns 52,534 shares of the company’s stock, valued at approximately $14,177,875.92. The trade was a 3.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 58,484 shares of company stock worth $15,548,639.

About Alerian MLP Index ETNs due January 28, 2044

The ALERIAN MLP INDEX ETNS DUE JANUARY 28, 2044 (AMJB) is an exchange-traded fund that is based on the Alerian MLP index. The fund tracks a market cap-weighted index of 50 North American energy MLPs. Securities are selected based on distributions. AMJB was launched on Apr 2, 2009 and is issued by JPMorgan Chase.