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

ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN (NYSEARCA:MLPRGet Free Report) declared a quarterly dividend on Friday, January 1st. Stockholders of record on Tuesday, July 14th will be paid a dividend of 1.767 per share on Wednesday, July 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 9.9%. The ex-dividend date 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 Trading Down 1.0%

NYSEARCA:MLPR traded down $0.75 during mid-day trading on Friday, hitting $71.45. The company had a trading volume of 299 shares, compared to its average volume of 716. The business has a fifty day simple moving average of $71.65 and a 200-day simple moving average of $68.15. ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN has a 1 year low of $49.81 and a 1 year high of $77.89.

ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN Company Profile

(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.

Further Reading

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

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