ETRACS Alerian Natural Gas MLP Index ETN (MLPG) To Go Ex-Dividend on January 11th

ETRACS Alerian Natural Gas MLP Index ETN (NYSEARCA:MLPG) announced a quarterly dividend on Monday, January 7th, Wall Street Journal reports. Investors of record on Monday, January 14th will be given a dividend of 0.4064 per share on Wednesday, January 23rd. This represents a $1.63 dividend on an annualized basis and a yield of 7.22%. The ex-dividend date of this dividend is Friday, January 11th. This is a positive change from ETRACS Alerian Natural Gas MLP Index ETN’s previous quarterly dividend of $0.40.

NYSEARCA:MLPG opened at $22.52 on Thursday. ETRACS Alerian Natural Gas MLP Index ETN has a 52 week low of $16.50 and a 52 week high of $26.14.

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