Direxion Zacks MLP High Income Shares (ZMLP) Announces $0.40 Quarterly Dividend
Direxion Zacks MLP High Income Shares (NYSEARCA:ZMLP) announced a quarterly dividend on Tuesday, March 19th, Wall Street Journal reports. Shareholders of record on Wednesday, March 20th will be given a dividend of 0.40 per share on Tuesday, March 26th. This represents a $1.60 dividend on an annualized basis and a yield of 11.76%. The ex-dividend date is Tuesday, March 19th.
Shares of NYSEARCA:ZMLP traded down $0.36 during trading on Tuesday, hitting $13.60. 19,470 shares of the stock were exchanged, compared to its average volume of 21,388. Direxion Zacks MLP High Income Shares has a 1-year low of $11.45 and a 1-year high of $16.60.
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