ETRACS Alerian MLP Infrastructure Index ETN Series B (MLPB) to Distribute Quarterly Dividend of $0.43 on October 21st

ETRACS Alerian MLP Infrastructure Index ETN Series B (NYSEARCA:MLPB – Get Free Report) announced a quarterly dividend on Thursday, October 1st. Investors of record on Tuesday, October 13th will be paid a dividend of $0.4342 per share on Wednesday, October 21st. This represents a $1.74 annualized dividend and a dividend yield of 5.9%. The ex-dividend date of this dividend is Tuesday, October 13th. This is a 2.1% decrease from ETRACS Alerian MLP Infrastructure Index ETN Series B’s previous quarterly dividend of $0.4437.

ETRACS Alerian MLP Infrastructure Index ETN Series B Price Performance

Shares of NYSEARCA:MLPB opened at $29.53 on Friday. ETRACS Alerian MLP Infrastructure Index ETN Series B has a 1 year low of $23.41 and a 1 year high of $31.94. The business’s 50 day simple moving average is $30.71 and its 200 day simple moving average is $29.74.

About ETRACS Alerian MLP Infrastructure Index ETN Series B

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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.

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Dividend History for ETRACS Alerian MLP Infrastructure Index ETN Series B (NYSEARCA:MLPB)

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