Credit Suisse S&P MLP Index ETN Declares Quarterly Dividend of $0.24 (MLPO)

Credit Suisse S&P MLP Index ETN (NYSEARCA:MLPO) announced a quarterly dividend on Thursday, January 4th, Wall Street Journal reports. Stockholders of record on Friday, January 12th will be given a dividend of 0.2405 per share on Tuesday, January 23rd. This represents a $0.96 dividend on an annualized basis and a dividend yield of 6.74%. The ex-dividend date of this dividend is Thursday, January 11th.

Credit Suisse S&P MLP Index ETN (NYSEARCA MLPO) remained flat at $$14.27 during midday trading on Thursday. The company’s stock had a trading volume of 100 shares, compared to its average volume of 100. Credit Suisse S&P MLP Index ETN has a 1-year low of $14.06 and a 1-year high of $17.25.

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