ETRACS Alerian MLP Infrastructure Index ETN Series B (NYSEARCA:MLPB) Declares Dividend Increase – $0.39 Per Share

ETRACS Alerian MLP Infrastructure Index ETN Series B (NYSEARCA:MLPB) declared a dividend on Wednesday, January 8th,NASDAQ Dividends reports. Investors of record on Monday, January 13th will be given a dividend of 0.3901 per share on Wednesday, January 22nd. The ex-dividend date is Monday, January 13th. This is an increase from ETRACS Alerian MLP Infrastructure Index ETN Series B’s previous dividend of $0.38.

ETRACS Alerian MLP Infrastructure Index ETN Series B Stock Up 1.5 %

NYSEARCA:MLPB traded up $0.39 during mid-day trading on Wednesday, reaching $25.97. The company’s stock had a trading volume of 4,308 shares, compared to its average volume of 11,302. The company’s fifty day simple moving average is $25.31 and its two-hundred day simple moving average is $24.63. ETRACS Alerian MLP Infrastructure Index ETN Series B has a twelve month low of $20.97 and a twelve month high of $27.14.

ETRACS Alerian MLP Infrastructure Index ETN Series B Company Profile

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.