iPath Select MLP ETN (NYSEARCA:ATMP – Get Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as $36.86 and last traded at $36.86, with a volume of 4360 shares. The stock had previously closed at $36.53.
iPath Select MLP ETN Trading Up 0.5%
The firm’s 50-day moving average price is $35.08 and its two-hundred day moving average price is $33.58.
iPath Select MLP ETN Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, June 8th. Shareholders of record on Friday, May 29th were paid a dividend of $0.4088 per share. This represents a $1.64 dividend on an annualized basis and a yield of 4.5%. This is a boost from iPath Select MLP ETN’s previous quarterly dividend of $0.39. The ex-dividend date of this dividend was Friday, May 29th.
Institutional Trading of iPath Select MLP ETN
iPath Select MLP ETN Company Profile
The Barclays ETN+ Select MLP ETN (ATMP) is an exchange-traded fund that is based on the CIBC Atlas Select MLP VWAP index. The fund tracks a tiered-weighted index consisting of US and Canadian MLPs and general partners of MLPs that are selected based on fundamental criteria. ATMP was launched on Mar 12, 2013 and is issued by Barclays.
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