JPMorgan Chase Capital XVI JP Morgan Alerian MLP ETN (NYSEARCA:AMJ) was the target of unusually large options trading on Wednesday. Traders bought 13,773 put options on the company. This represents an increase of 908% compared to the typical daily volume of 1,367 put options.

Shares of JPMorgan Chase Capital XVI JP Morgan Alerian MLP ETN (AMJ) opened at 29.85 on Friday. The company’s 50-day moving average price is $31.32 and its 200-day moving average price is $31.80. JPMorgan Chase Capital XVI JP Morgan Alerian MLP ETN has a 52-week low of $28.55 and a 52-week high of $34.41.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 6th. Stockholders of record on Friday, May 26th will be issued a $0.4937 dividend. This represents a $1.97 dividend on an annualized basis and a dividend yield of 6.62%. This is a boost from JPMorgan Chase Capital XVI JP Morgan Alerian MLP ETN’s previous quarterly dividend of $0.46. The ex-dividend date of this dividend is Wednesday, May 24th.

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