ETRACS Alerian MLP Infrastructure Index ETN Series B (NYSEARCA:MLPB) announced a quarterly dividend on Monday, January 7th, Wall Street Journal reports. Stockholders of record on Monday, January 14th will be paid a dividend of 0.3905 per share on Wednesday, January 23rd. This represents a $1.56 annualized dividend and a dividend yield of 6.99%. The ex-dividend date is Friday, January 11th.
Shares of NYSEARCA MLPB opened at $22.36 on Thursday. ETRACS Alerian MLP Infrastructure Index ETN Series B has a 1-year low of $18.88 and a 1-year high of $26.40.
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