Looking at the universe of stocks we cover at Dividend Channel, on 10/9/13, ETRACS Alerian MLP Infrastructure ETN (MLPI) will trade ex-dividend, for its quarterly dividend of $0.4537, payable on 10/12/13. As a percentage of MLPI's recent stock price of $38.58, this dividend works out to approximately 1.18%, so look for shares of ETRACS Alerian MLP Infrastructure ETN to trade 1.18% lower — all else being equal — when MLPI shares open for trading on 10/9/13.
Reminder - ETRACS Alerian MLP Infrastructure ETN (MLPI) Goes Ex-Dividend Soon
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