ETRACS Alerian MLP Index ETN Series B (NYSEARCA:AMUB) Plans Dividend Increase – $0.28 Per Share

ETRACS Alerian MLP Index ETN Series B (NYSEARCA:AMUB) declared a dividend on Friday, November 22nd,NASDAQ Dividends reports. Investors of record on Friday, November 29th will be given a dividend of 0.2849 per share on Monday, December 9th. The ex-dividend date of this dividend is Friday, November 29th. This is a boost from ETRACS Alerian MLP Index ETN Series B’s previous dividend of $0.28.

ETRACS Alerian MLP Index ETN Series B Stock Performance

AMUB opened at $19.83 on Thursday. The business has a fifty day moving average of $18.26 and a 200 day moving average of $18.02. ETRACS Alerian MLP Index ETN Series B has a 52-week low of $15.40 and a 52-week high of $19.83.

About ETRACS Alerian MLP Index ETN Series B

The ETRACS Alerian MLP Index ETN Class B (AMUB) is an exchange-traded fund that is based on the Alerian MLP index, a market-cap-weighted index of 50 publicly traded energy MLPs. AMUB was launched on Oct 8, 2015 and is issued by ETRACS.