Alerian MLP ETN (NYSEARCA:AMJB) Raises Dividend to $0.51 Per Share

Alerian MLP ETN (NYSEARCA:AMJB) announced a dividend on Friday, January 1st. Shareholders of record on Monday, March 2nd will be given a dividend of 0.506 per share on Tuesday, March 10th. The ex-dividend date of this dividend is Monday, March 2nd. This is a 1.1% increase from Alerian MLP ETN’s previous dividend of $0.50.

Alerian MLP ETN Stock Down 0.1%

Shares of NYSEARCA AMJB traded down $0.03 during trading on Friday, hitting $34.53. The company had a trading volume of 36,893 shares, compared to its average volume of 40,900. Alerian MLP ETN has a 12 month low of $26.65 and a 12 month high of $34.75. The stock has a 50 day simple moving average of $32.07 and a 200 day simple moving average of $30.66.

About Alerian MLP ETN

The ALERIAN MLP INDEX ETNS DUE JANUARY 28, 2044 (AMJB) is an exchange-traded fund that is based on the Alerian MLP index. The fund tracks a market cap-weighted index of 50 North American energy MLPs. Securities are selected based on distributions. AMJB was launched on Apr 2, 2009 and is issued by JPMorgan Chase.