ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN (NYSEARCA:MLPR) Announces Quarterly Dividend of $1.62

ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN (NYSEARCA:MLPR) declared a quarterly dividend on Friday, January 1st. Investors of record on Tuesday, January 13th will be paid a dividend of 1.6219 per share on Thursday, January 22nd. This represents a c) dividend on an annualized basis and a yield of 10.8%. The ex-dividend date of this dividend is Tuesday, January 13th. This is a 0.2% increase from ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN’s previous quarterly dividend of $1.62.

ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN Stock Performance

Shares of MLPR opened at $60.11 on Friday. The firm has a 50 day simple moving average of $58.32 and a two-hundred day simple moving average of $58.33. ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN has a one year low of $49.81 and a one year high of $73.37.

About ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN

The ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN (MLPR) is an exchange-traded fund that is based on the Alerian MLP index. The fund provides quarterly 1.5x leveraged exposure to a market-cap-weighted index of 50 publicly traded energy MLPs. MLPR was launched on Jun 2, 2020 and is issued by ETRACS.