Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) Plans Dividend Increase – $0.48 Per Share

Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) announced a dividend on Tuesday, February 25th, NASDAQ Dividends reports. Investors 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 a positive change from Alerian MLP Index ETNs due January 28, 2044’s previous dividend of $0.45.

Alerian MLP Index ETNs due January 28, 2044 Price Performance

Alerian MLP Index ETNs due January 28, 2044 stock traded down $0.24 during trading hours on Tuesday, hitting $32.50. 48,051 shares of the stock were exchanged, compared to its average volume of 70,599. The business’s 50-day moving average is $31.29 and its two-hundred day moving average is $29.83. Alerian MLP Index ETNs due January 28, 2044 has a 12 month low of $27.00 and a 12 month high of $33.40.

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

In other Alerian MLP Index ETNs due January 28, 2044 news, CEO Troy L. Rohrbaugh sold 37,500 shares of the company’s stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $269.84, for a total transaction of $10,119,000.00. Following the transaction, the chief executive officer now directly owns 158,381 shares in the company, valued at approximately $42,737,529.04. This represents a 19.14 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, General Counsel Stacey Friedman sold 3,303 shares of the firm’s stock in a transaction on 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 owns 47,620 shares in the company, valued at $12,092,622.80. This represents a 6.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 58,484 shares of company stock valued at $15,548,639 over the last ninety days.

About Alerian MLP Index ETNs due January 28, 2044

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.