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InfraCap MLP ETF (NYSE Arca: AMZA) Declares Monthly Distribution

NEW YORK, Nov. 19, 2020 /PRNewswire/ — The InfraCap MLP ETF (NYSE:AMZA) (the “Fund”) has declared a monthly distribution of $0.22 ($2.64 per share on an annualized basis).  The distribution will be paid November 30, 2020 to shareholders of record as of the close of business November 23, 2020. The reduction in the distribution is related to recent reductions in distributions by portfolio companies.

AMZA Cash Distribution:

  • Ex-Date: Friday, November 20, 2020
  • Record Date: Monday, November 23, 2020
  • Payable Date: Monday, November 30, 2020

The Fund estimates that 100 percent of the distribution, or $0.22 per share, is attributable to return of capital and that 0.00 percent, or $0.00 per share, is attributable to dividend income. Infrastructure Capital Advisors expects to declare future distributions on a monthly basis. Distributions are planned, but not guaranteed, for every month. The …

Full story available on Benzinga.com

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