Cushing Transportation & MLP ETF (XLTY) to Issue $0.08 Monthly Dividend

Cushing Transportation & MLP ETF (NYSEARCA:XLTY) announced a monthly dividend on Thursday, April 11th, Wall Street Journal reports. Stockholders of record on Friday, April 12th will be given a dividend of 0.0802 per share on Tuesday, April 30th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 3.71%. The ex-dividend date of this dividend is Thursday, April 11th.

Shares of NYSEARCA XLTY traded up $0.40 during mid-day trading on Friday, reaching $25.97. The company had a trading volume of 10,005 shares, compared to its average volume of 451. Cushing Transportation & MLP ETF has a 12-month low of $21.08 and a 12-month high of $26.31.

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