Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) Raises Dividend to $0.48 Per Share

Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) declared a dividend on Tuesday, February 25th, NASDAQ Dividends reports. Shareholders of record on Monday, March 3rd will be given a dividend of 0.4752 per share on Tuesday, March 11th. The ex-dividend date is Monday, March 3rd. This is an increase from Alerian MLP Index ETNs due January 28, 2044’s previous dividend of $0.45.

Alerian MLP Index ETNs due January 28, 2044 Stock Up 0.3 %

Shares of NYSEARCA AMJB traded up $0.10 during midday trading on Wednesday, reaching $32.60. 1,443 shares of the stock were exchanged, compared to its average volume of 68,718. Alerian MLP Index ETNs due January 28, 2044 has a twelve month low of $27.00 and a twelve month high of $33.40. The company has a 50 day simple moving average of $31.35 and a 200 day simple moving average of $29.86.

Insider Activity at Alerian MLP Index ETNs due January 28, 2044

In other Alerian MLP Index ETNs due January 28, 2044 news, General Counsel Stacey Friedman sold 3,303 shares of Alerian MLP Index ETNs due January 28, 2044 stock in a transaction dated Thursday, January 16th. The stock was sold at an average price of $253.94, for a total value of $838,763.82. Following the completion of the transaction, the general counsel now directly owns 47,620 shares of the company’s stock, valued at $12,092,622.80. The trade was a 6.49 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Lori A. Beer sold 2,053 shares of the business’s stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $269.88, for a total transaction of $554,063.64. Following the sale, the insider now owns 52,534 shares in the company, valued at $14,177,875.92. This trade represents a 3.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 58,484 shares of company stock worth $15,548,639.

Alerian MLP Index ETNs due January 28, 2044 Company Profile

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.