Global X MLP ETF (MLPA) to Issue $0.19 Quarterly Dividend

Global X MLP ETF (NYSEARCA:MLPA) declared a quarterly dividend on Thursday, November 8th, Wall Street Journal reports. Stockholders of record on Friday, November 9th will be given a dividend of 0.1865 per share on Friday, November 16th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 8.35%. The ex-dividend date of this dividend is Thursday, November 8th.

MLPA stock opened at $8.93 on Friday. Global X MLP ETF has a twelve month low of $8.14 and a twelve month high of $10.88.

A hedge fund recently raised its stake in Global X MLP ETF stock. Bank of New York Mellon Corp increased its holdings in shares of Global X MLP ETF (NYSEARCA:MLPA) by 79.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 119,469 shares of the company’s stock after acquiring an additional 52,858 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.12% of Global X MLP ETF worth $1,094,000 as of its most recent SEC filing.

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