Direxion Zacks MLP High Income Shares (NYSEARCA:ZMLP) declared a — dividend on Tuesday, September 24th, Wall Street Journal reports. Stockholders of record on Wednesday, September 25th will be paid a dividend of 0.40 per share on Tuesday, October 1st. This represents a dividend yield of 12.5%. The ex-dividend date is Tuesday, September 24th.
Shares of NYSEARCA:ZMLP traded down $0.55 during trading on Tuesday, hitting $12.77. The stock had a trading volume of 36,400 shares, compared to its average volume of 28,031. Direxion Zacks MLP High Income Shares has a 12-month low of $11.45 and a 12-month high of $15.78. The stock has a 50-day simple moving average of $12.94 and a two-hundred day simple moving average of $13.52.
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