UBS ETRACS Alerian MLP Infrastructure Index ETN Series B
MLPBStock · quarterly payer
Forward Yield
5.66%
Annual Dividend
$1.74
Payout Ratio
—
5-Yr Growth
3.1%
Ex-Date
—
Frequency
Quarterly
Summary
As of September 2026, UBS ETRACS Alerian MLP Infrastructure Index ETN Series B (MLPB) yields 5.66% ($1.74 per share annually), with a blended fair-value estimate of $27.06 — -13% downside, so it screens as fairly valued. Dividend safety grade: B (68/100). 4 years of dividend growth.
Is MLPB a good dividend stock?
Yes, with caveatsUBS ETRACS Alerian MLP Infrastructure Index ETN Series B (MLPB) pays a quarterly dividend yielding 5.66% ($1.74/yr), with 4 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- 93% total price return over 5 years
Risks
- Cut its dividend in 2021
Key Data
- Dividend Yield
- 5.66%
- Payout Ratio
- —
- Annual Dividend
- $1.74
- 5-Yr Avg Growth
- 3.1%
- Ex-Dividend Date
- —
- Years of Growth
- 4
- Frequency
- quarterly
- Beta
- —
- Market Cap
- —
- P/E Ratio
- —
- 5-Yr Total Return
- 93%
- 52-Week Range
- $23.41 – $31.94
- Dividend Safety
- B · 68/100
- Ever Cut?
- Yes (2021)
Frequently Asked Questions
MLPB Price — Last 12 Months
Daily close
Price Return
1 Year
+27%
3 Years
+50%
5 Years
+93%
52-Week Range
$23.41 – $31.94
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is MLPB worth?
Fairly valuedlow confidenceOur blended fair-value estimate for UBS ETRACS Alerian MLP Infrastructure Index ETN Series B is $27.06 per share, versus a market price of $31.08. That implies the stock is roughly fairly priced.
Fair Value
$27.06
Current Price
$31.08
Gap
-13%
Margin of Safety
-15%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 9.3% discount rate (CAPM), 3.2% stage-1 growth, 2.5% terminal growth, $1.74 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
MLPB Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 14, 2026 | — | $0.4440 | regular |
| Apr 13, 2026 | — | $0.4360 | regular |
| Jan 13, 2026 | — | $0.4360 | regular |
| Oct 10, 2025 | — | $0.4260 | regular |
| Jul 14, 2025 | — | $0.4200 | regular |
| Apr 11, 2025 | — | $0.4110 | regular |
| Jan 13, 2025 | — | $0.3900 | regular |
| Oct 11, 2024 | — | $0.3840 | regular |
| Jul 15, 2024 | — | $0.3930 | regular |
| Apr 11, 2024 | — | $0.3580 | regular |
| Jan 12, 2024 | — | $0.3630 | regular |
| Oct 12, 2023 | — | $0.3560 | regular |
| Jul 13, 2023 | — | $0.3700 | regular |
| Apr 12, 2023 | — | $0.3270 | regular |
Income Calculator
At $1.74 / yr per share
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