Salient Midstream & MLP Fund ( SMM ) will begin trading ex-dividend on August 15, 2014. A cash dividend payment of $0.357 per share is scheduled to be paid on August 29, 2014. Shareholders who purchased SMM stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 1.13% increase over the prior quarter. At the current stock price of $28.9, the dividend yield is 4.94%.
The previous trading day's last sale of SMM was $28.9, representing a -4.78% decrease from the 52 week high of $30.35 and a 35.81% increase over the 52 week low of $21.28.
Interested in gaining exposure to SMM through an Exchange Traded Fund [ETF]?
The following ETF(s) have SMM as a top-10 holding:
- Guggenheim Shipping ETF ( SEA ).
The top-performing ETF of this group is SEA with an increase of 1.94% over the last 100 days. It also has the highest percent weighting of SMM at 4.62%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.