ETRACS Alerian MLP Infrastructure Index ETN Series B (NYSEARCA:MLPB) Plans Dividend Increase – $0.39 Per Share

ETRACS Alerian MLP Infrastructure Index ETN Series B (NYSEARCA:MLPB) declared a dividend on Wednesday, January 8th,NASDAQ Dividends reports. Stockholders of record on Monday, January 13th will be given a dividend of 0.3901 per share on Wednesday, January 22nd. The ex-dividend date of this dividend is Monday, January 13th. This is a boost from ETRACS Alerian MLP Infrastructure Index ETN Series B’s previous dividend of $0.38.

ETRACS Alerian MLP Infrastructure Index ETN Series B Price Performance

Shares of NYSEARCA MLPB opened at $25.97 on Thursday. ETRACS Alerian MLP Infrastructure Index ETN Series B has a 12-month low of $20.97 and a 12-month high of $27.14. The stock’s 50 day simple moving average is $25.35 and its 200 day simple moving average is $24.64.

About ETRACS Alerian MLP Infrastructure Index ETN Series B

The ETRACS Alerian MLP Infrastructure Index ETN Series B (MLPB) is an exchange-traded fund that is based on the Alerian MLP Infrastructure index, a market-cap-weighted index of 25 North American energy infrastructure master limited partnerships. MLPB was launched on Oct 8, 2015 and is issued by ETRACS.