VanEck Vectors High Income MLP ETF (YMLP) Announces Dividend Increase – $0.44 Per Share

VanEck Vectors High Income MLP ETF (NYSEARCA:YMLP) announced a quarterly dividend on Monday, February 11th, Wall Street Journal reports. Stockholders of record on Tuesday, February 12th will be paid a dividend of 0.4419 per share on Friday, February 15th. This represents a $1.77 dividend on an annualized basis and a dividend yield of 9.28%. The ex-dividend date of this dividend is Monday, February 11th. This is an increase from VanEck Vectors High Income MLP ETF’s previous quarterly dividend of $0.34.

Shares of NYSEARCA:YMLP traded down $0.32 during midday trading on Monday, reaching $19.06. 100 shares of the company were exchanged, compared to its average volume of 10,564. VanEck Vectors High Income MLP ETF has a one year low of $16.08 and a one year high of $23.87.

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