ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN (NYSEARCA:MLPR) Announces Dividend Increase – $1.77 Per Share

ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN (NYSEARCA:MLPRGet Free Report) announced a quarterly dividend on Friday, January 1st. Shareholders of record on Tuesday, July 14th will be given a dividend of 1.767 per share on Wednesday, July 22nd. This represents a c) annualized dividend and a yield of 9.9%. The ex-dividend date of this dividend is Tuesday, July 14th. This is a 6.2% increase from ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN’s previous quarterly dividend of $1.66.

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

Shares of NYSEARCA MLPR traded down $0.75 during mid-day trading on Friday, reaching $71.45. 299 shares of the company were exchanged, compared to its average volume of 716. ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN has a 52 week low of $49.81 and a 52 week high of $77.89. The company’s 50 day moving average price is $71.65 and its 200 day moving average price is $68.15.

About ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN

(Get Free Report)

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.

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Dividend History for ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN (NYSEARCA:MLPR)

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