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) declared a dividend on Tuesday, February 25th, NASDAQ Dividends reports. Shareholders of record on Monday, March 3rd will be paid a dividend of 0.4752 per share on Tuesday, March 11th. The ex-dividend date of this dividend 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, hitting $32.60. The stock had a trading volume of 1,443 shares, compared to its average volume of 68,718. Alerian MLP Index ETNs due January 28, 2044 has a 1 year low of $27.00 and a 1 year high of $33.40. The stock has a 50 day moving average price of $31.35 and a two-hundred day moving average price 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, insider Lori A. Beer sold 2,053 shares of the stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $269.88, for a total value of $554,063.64. Following the completion of the transaction, the insider now owns 52,534 shares in the company, valued at approximately $14,177,875.92. This represents a 3.76 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO Jennifer Piepszak sold 4,273 shares of the firm’s stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $269.85, for a total value of $1,153,069.05. Following the completion of the sale, the chief operating officer now directly owns 54,469 shares of the company’s stock, valued at approximately $14,698,459.65. This trade represents a 7.27 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 58,484 shares of company stock worth $15,548,639 over the last 90 days.

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.