Cushing Energy Supply Chain & MLP ETF (XLSY) to Issue Dividend Increase – $0.10 Per Share

Cushing Energy Supply Chain & MLP ETF (NYSEARCA:XLSY) declared a monthly dividend on Thursday, March 14th, Wall Street Journal reports. Stockholders of record on Monday, March 18th will be given a dividend of 0.1029 per share on Friday, March 29th. This represents a $1.23 dividend on an annualized basis and a dividend yield of 4.82%. The ex-dividend date of this dividend is Friday, March 15th. This is a boost from Cushing Energy Supply Chain & MLP ETF’s previous monthly dividend of $0.10.

Shares of NYSEARCA:XLSY traded down $0.09 during trading on Thursday, reaching $25.60. The stock had a trading volume of 546 shares, compared to its average volume of 479. Cushing Energy Supply Chain & MLP ETF has a 52 week low of $21.22 and a 52 week high of $25.96.

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