Cushing Transportation & MLP ETF (NYSEARCA:XLTY) declared a monthly dividend on Thursday, May 16th, Wall Street Journal reports. Shareholders of record on Friday, May 17th will be given a dividend of 0.0811 per share on Friday, May 31st. This represents a $0.97 annualized dividend and a yield of 3.82%. The ex-dividend date of this dividend is Thursday, May 16th. This is an increase from Cushing Transportation & MLP ETF’s previous monthly dividend of $0.08.
XLTY traded up $0.22 during trading on Thursday, hitting $25.50. The company’s stock had a trading volume of 105 shares, compared to its average volume of 451. Cushing Transportation & MLP ETF has a one year low of $21.08 and a one year high of $26.31.
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