The InfraCap MLP ETF Provides Monthly Dividend Guidance
January 19, 2018 at 07:30 pm IST
The InfraCap MLP ETF has announced that it is adopting a monthly dividend policy, replacing its traditional quarterly schedule, which had been in place since the fund’s 2014 inception. The next dividend is scheduled to be declared on February 20th and paid on February 28th. Dividends are planned, but not guaranteed, for each subsequent month. The anticipated monthly dividend rate is $0.11 per share ($1.32 per share on an annualized basis).