ETRACS Alerian MLP Index ETN Series B (NYSEARCA:AMUB) Raises Dividend to $0.32 Per Share

ETRACS Alerian MLP Index ETN Series B (NYSEARCA:AMUB) announced a quarterly dividend on Friday, January 1st. Stockholders of record on Friday, May 29th will be given a dividend of 0.3242 per share on Thursday, July 2nd. This represents a c) annualized dividend and a dividend yield of 5.7%. The ex-dividend date of this dividend is Friday, May 29th. This is a 1.2% increase from ETRACS Alerian MLP Index ETN Series B’s previous quarterly dividend of $0.32.

ETRACS Alerian MLP Index ETN Series B Price Performance

NYSEARCA AMUB opened at $22.90 on Wednesday. The company’s 50 day moving average is $22.11 and its 200-day moving average is $20.71. ETRACS Alerian MLP Index ETN Series B has a 12-month low of $17.65 and a 12-month high of $23.55.

ETRACS Alerian MLP Index ETN Series B Company Profile

The ETRACS Alerian MLP Index ETN Class B (AMUB) is an exchange-traded fund that is based on the Alerian MLP index, a market-cap-weighted index of 50 publicly traded energy MLPs. AMUB was launched on Oct 8, 2015 and is issued by ETRACS.