Cushing 30 MLP Index ETNs due June 15, 2037 Announces Quarterly Dividend of $0.32 (PPLN)

Cushing 30 MLP Index ETNs due June 15, 2037 (NYSEARCA:PPLN) announced a quarterly dividend on Monday, January 22nd, Wall Street Journal reports. Stockholders of record on Monday, January 29th will be given a dividend of 0.3237 per share on Tuesday, February 6th. This represents a $1.29 annualized dividend and a dividend yield of 6.08%. The ex-dividend date is Friday, January 26th.

Cushing 30 MLP Index ETNs due June 15, 2037 (NYSEARCA PPLN) traded down $0.16 on Monday, hitting $21.28. The stock had a trading volume of 600 shares, compared to its average volume of 830. Cushing 30 MLP Index ETNs due June 15, 2037 has a 52 week low of $18.58 and a 52 week high of $24.42.

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