ETRACS Alerian MLP Index ETN Series B (NYSEARCA:AMUB) Raises Dividend to $0.32 Per Share

ETRACS Alerian MLP Index ETN Series B (NYSEARCA:AMUB) announced a quarterly dividend on Friday, January 1st. Stockholders of record on Monday, March 2nd will be paid a dividend of 0.3202 per share on Tuesday, March 10th. This represents a c) dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date of this dividend is Monday, March 2nd. This is a 1.1% increase from ETRACS Alerian MLP Index ETN Series B’s previous quarterly dividend of $0.32.

ETRACS Alerian MLP Index ETN Series B Trading Up 0.5%

ETRACS Alerian MLP Index ETN Series B stock traded up $0.10 during midday trading on Friday, reaching $21.79. 11 shares of the company’s stock were exchanged, compared to its average volume of 411. The stock’s 50-day simple moving average is $20.18 and its 200 day simple moving average is $19.29. ETRACS Alerian MLP Index ETN Series B has a 52 week low of $16.86 and a 52 week high of $21.79.

ETRACS Alerian MLP Index ETN Series B Company Profile

The ETRACS Alerian MLP Index ETN Class B (AMUB) is an exchange-traded fund that is based on the Alerian MLP index, a market-cap-weighted index of 50 publicly traded energy MLPs. AMUB was launched on Oct 8, 2015 and is issued by ETRACS.