iPath Select MLP ETN (NYSEARCA:ATMP) Increases Dividend to $0.41 Per Share

iPath Select MLP ETN (NYSEARCA:ATMP) declared a quarterly dividend on Friday, January 1st. Stockholders of record on Friday, May 29th will be given a dividend of 0.4088 per share on Monday, June 8th. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend is Friday, May 29th. This is a 4.1% increase from iPath Select MLP ETN’s previous quarterly dividend of $0.39.

iPath Select MLP ETN Trading Down 2.0%

ATMP opened at $35.86 on Wednesday. iPath Select MLP ETN has a one year low of $27.23 and a one year high of $36.81. The business’s 50-day simple moving average is $34.57 and its 200-day simple moving average is $31.82.

iPath Select MLP ETN Company Profile

The Barclays ETN+ Select MLP ETN (ATMP) is an exchange-traded fund that is based on the CIBC Atlas Select MLP VWAP index. The fund tracks a tiered-weighted index consisting of US and Canadian MLPs and general partners of MLPs that are selected based on fundamental criteria. ATMP was launched on Mar 12, 2013 and is issued by Barclays.