Cushing Transportation & MLP ETF (NYSEARCA:XLTY) announced a monthly dividend on Thursday, March 14th, Wall Street Journal reports. Investors of record on Monday, March 18th will be given a dividend of 0.0805 per share on Friday, March 29th. This represents a $0.97 annualized dividend and a yield of 3.88%. The ex-dividend date is Friday, March 15th. This is an increase from Cushing Transportation & MLP ETF’s previous monthly dividend of $0.08.
XLTY traded down $0.14 on Thursday, hitting $24.89. 210 shares of the stock were exchanged, compared to its average volume of 432. Cushing Transportation & MLP ETF has a 12 month low of $21.08 and a 12 month high of $25.59.
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