Ex-Div Reminder For IPath S&P MLP ETN (IMLP)

Looking at the universe of stocks we cover at Dividend Channel, on 8/26/13, iPath S&P MLP ETN ( IMLP) will trade ex-dividend, for its quarterly dividend of $0.3235, payable on 9/6/13. As a percentage of IMLP's recent stock price of $28.05, this dividend works out to approximately 1.15%, so look for shares of iPath S&P MLP ETN to trade 1.15% lower — all else being equal — when IMLP shares open for trading on 8/26/13.

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Below is a dividend history chart for IMLP, showing historical dividends prior to the most recent $0.3235 declared by iPath S&P MLP ETN:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from IMLP is likely to continue, and whether the current estimated yield of 4.61% on annualized basis is a reasonable expectation of annual yield going forward.

In Thursday trading, iPath S&P MLP ETN shares are currently trading flat on the day.