Cushing Transportation & MLP ETF (XLTY) Plans Monthly Dividend of $0.08

Cushing Transportation & MLP ETF (NYSEARCA:XLTY) declared a monthly dividend on Thursday, March 14th, Wall Street Journal reports. Shareholders of record on Monday, March 18th will be given a dividend of 0.0805 per share on Friday, March 29th. This represents a $0.97 dividend on an annualized basis and a yield of 3.88%. The ex-dividend date of this dividend is Friday, March 15th. This is a positive change from Cushing Transportation & MLP ETF’s previous monthly dividend of $0.08.

XLTY stock traded down $0.14 during midday trading on Thursday, reaching $24.89. 210 shares of the company were exchanged, compared to its average volume of 432. Cushing Transportation & MLP ETF has a one year low of $21.08 and a one year high of $25.59.

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