Alerian MLP (NYSE:AMLP) Declares Quarterly Dividend of $0.22
Alerian MLP (NYSE:AMLP) announced a quarterly dividend on Wednesday, August 9th, Wall Street Journal reports. Stockholders of record on Friday, August 11th will be given a dividend of 0.215 per share by the exchange traded fund on Wednesday, August 16th. This represents a $0.86 dividend on an annualized basis and a dividend yield of 7.62%. The ex-dividend date of this dividend is Wednesday, August 9th.
Alerian MLP has decreased its dividend by an average of 1.6% annually over the last three years.
Shares of Alerian MLP (AMLP) traded up 0.94% on Wednesday, reaching $11.28. 5,765,706 shares of the company were exchanged. Alerian MLP has a 52-week low of $11.05 and a 52-week high of $13.31. The stock has a 50 day moving average of $11.83 and a 200-day moving average of $12.41.
Alerian MLP Company Profile
ALERIAN MLP ETF seeks investment results that correspond (before fees and expenses) to the price and yield performance of its underlying index, the Alerian MLP Infrastructure Index (the Index). The Index is a rules based, modified capitalization weighted, float adjusted index intended to give investors a means of tracking the overall performance of the United States energy infrastructure Master Limited Partnership (MLP) asset class.
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