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

Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJBGet Free Report) announced a dividend on Tuesday, February 25th, NASDAQ Dividends reports. Stockholders 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 Stock Performance

Alerian MLP Index ETNs due January 28, 2044 stock opened at $32.63 on Thursday. Alerian MLP Index ETNs due January 28, 2044 has a 12-month low of $27.00 and a 12-month high of $33.40. The firm has a 50-day moving average price of $31.43 and a 200-day moving average price of $29.88.

Insider Buying and Selling

In related news, CEO Troy L. Rohrbaugh sold 37,500 shares of the firm’s stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $269.84, for a total value of $10,119,000.00. Following the transaction, the chief executive officer now owns 158,381 shares of the company’s stock, valued at $42,737,529.04. This trade represents a 19.14 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, General Counsel Stacey Friedman sold 3,303 shares of the firm’s stock in a transaction dated Thursday, January 16th. The stock was sold at an average price of $253.94, for a total transaction of $838,763.82. Following the completion of the transaction, the general counsel now directly owns 47,620 shares in the company, valued at $12,092,622.80. This represents a 6.49 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 58,484 shares of company stock valued at $15,548,639 in the last 90 days.

About Alerian MLP Index ETNs due January 28, 2044

(Get Free Report)

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.

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Dividend History for Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB)

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