ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN (MLPR) to Issue Quarterly Dividend of $1.76 on October 21st

ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN (NYSEARCA:MLPR – Get Free Report) announced a quarterly dividend on Thursday, October 1st. Stockholders of record on Tuesday, October 13th will be paid a dividend of $1.7570 per share on Wednesday, October 21st. This represents a $7.03 annualized dividend and a dividend yield of 10.0%. The ex-dividend date of this dividend is Tuesday, October 13th. This is a 0.6% decrease from ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN’s previous quarterly dividend of $1.7670.

ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN Price Performance

Shares of NYSEARCA:MLPR opened at $70.35 on Friday. The firm has a 50 day moving average of $75.66 and a 200 day moving average of $72.88. ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN has a 52 week low of $49.81 and a 52 week high of $80.16.

About ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN

(Get Free Report)

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.

Further Reading

Dividend History for ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN (NYSEARCA:MLPR)

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