iPath S&P MLP ETN (NYSEARCA:IMLP) declared a quarterly dividend on Friday, May 17th, Wall Street Journal reports. Shareholders of record on Wednesday, May 29th will be paid a dividend of 0.2821 per share on Thursday, June 6th. This represents a $1.13 annualized dividend and a yield of 6.51%. The ex-dividend date of this dividend is Tuesday, May 28th.
Shares of iPath S&P MLP ETN stock opened at $17.34 on Thursday. iPath S&P MLP ETN has a 52 week low of $14.10 and a 52 week high of $19.71.
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