iPath S&P MLP ETN (NYSEARCA:IMLP) Raises Dividend to $0.28 Per Share

iPath S&P MLP ETN (NYSEARCA:IMLP) announced a quarterly dividend on Friday, February 21st, Wall Street Journal reports. Stockholders of record on Monday, March 2nd will be paid a dividend of 0.2843 per share on Tuesday, March 10th. This represents a $1.14 annualized dividend and a dividend yield of 9.06%. The ex-dividend date is Friday, February 28th. This is an increase from iPath S&P MLP ETN’s previous quarterly dividend of $0.28.

Shares of NYSEARCA:IMLP opened at $12.55 on Thursday. The business’s 50 day simple moving average is $14.46 and its 200-day simple moving average is $14.96. iPath S&P MLP ETN has a 12 month low of $12.55 and a 12 month high of $17.49.

Recommended Story: Bid-Ask Spread

Dividend History for iPath S&P MLP ETN (NYSEARCA:IMLP)

Receive News & Ratings for iPath S&P MLP ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iPath S&P MLP ETN and related companies with MarketBeat.com's FREE daily email newsletter.


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit