Alerian MLP ETN (NYSEARCA:AMJB) Increases Dividend to $0.51 Per Share

Alerian MLP ETN (NYSEARCA:AMJB) declared a dividend on Friday, January 1st. Investors of record on Friday, May 29th will be given a dividend of 0.5079 per share on Monday, June 8th. The ex-dividend date is Friday, May 29th. This is a 0.4% increase from Alerian MLP ETN’s previous dividend of $0.51.

Alerian MLP ETN Stock Down 0.7%

NYSEARCA:AMJB opened at $36.78 on Wednesday. The business’s 50-day moving average price is $35.13 and its 200 day moving average price is $32.91. Alerian MLP ETN has a 52-week low of $28.00 and a 52-week high of $37.54.

Alerian MLP ETN Company Profile

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.