Cushing Energy & MLP ETF (XLEY) to Issue Monthly Dividend of $0.11 on March 29th
Cushing Energy & MLP ETF (NYSEARCA:XLEY) declared a monthly dividend on Thursday, March 14th, Wall Street Journal reports. Shareholders of record on Monday, March 18th will be given a dividend of 0.1063 per share on Friday, March 29th. This represents a $1.28 annualized dividend and a yield of 5.00%. The ex-dividend date is Friday, March 15th. This is a positive change from Cushing Energy & MLP ETF’s previous monthly dividend of $0.10.
XLEY stock traded up $0.04 during mid-day trading on Thursday, hitting $25.49. The stock had a trading volume of 800 shares, compared to its average volume of 278. Cushing Energy & MLP ETF has a 52 week low of $20.60 and a 52 week high of $26.06.
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