ETRACS Alerian MLP Infrastructure Index ETN Series B (NYSEARCA:MLPB) Declares Quarterly Dividend of $0.44

ETRACS Alerian MLP Infrastructure Index ETN Series B (NYSEARCA:MLPB) announced a quarterly dividend on Friday, January 1st. Investors of record on Tuesday, January 13th will be paid a dividend of 0.4357 per share on Thursday, January 22nd. This represents a c) annualized dividend and a yield of 6.7%. The ex-dividend date of this dividend is Tuesday, January 13th. This is a 2.3% increase from ETRACS Alerian MLP Infrastructure Index ETN Series B’s previous quarterly dividend of $0.43.

ETRACS Alerian MLP Infrastructure Index ETN Series B Trading Up 0.9%

Shares of NYSEARCA:MLPB opened at $25.88 on Friday. The business’s fifty day moving average price is $25.26 and its two-hundred day moving average price is $25.33. ETRACS Alerian MLP Infrastructure Index ETN Series B has a fifty-two week low of $22.75 and a fifty-two week high of $28.96.

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.