SmarterDividends
MLPR

ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN

MLPR

Stock · quarterly payer

$71.59

Undervalued · +56% Add to Portfolio

Forward Yield

9.51%

Annual Dividend

$6.81

Payout Ratio

—

5-Yr Growth

27.2%

Ex-Date

—

Frequency

Quarterly

Key facts about MLPR's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 30, 2026, ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN (MLPR) has a forward dividend yield of 9.51%, based on an annual dividend of $6.81 per share and a share price of $71.59.
  • As of Oct 30, 2026, MLPR's dividend safety grade from SmarterDividends is A (81 out of 100), which rates the dividend as very safe.
  • By SmarterDividends' count, ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN (MLPR) has raised its dividend for 5 consecutive years as of Oct 30, 2026.
  • MLPR has never cut its regular dividend in the payment history SmarterDividends has on record.
  • MLPR's most recent ex-dividend date was Oct 13, 2026, for a dividend of $1.76 per share.
  • MLPR's dividend has grown at an average rate of 27.2% a year over the past five years.
  • As of Oct 30, 2026, SmarterDividends' blended fair-value estimate for MLPR is $111.71 per share, 56% above the $71.59 share price, so MLPR screens as undervalued.
  • ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN (MLPR) pays its dividend quarterly, 4 times a year.
Cite this page

SmarterDividends, "MLPR Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 30, 2026, https://smarterdividends.com/stocks/MLPR

Summary

As of Oct 30, 2026, ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN (MLPR) yields 9.51% ($6.81 a year per share), has a dividend safety grade of A (81/100) and has 5 consecutive years of dividend increases on record.

Is MLPR a good dividend stock?

Yes

ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN (MLPR) pays a quarterly dividend yielding 9.51% ($6.81/yr), with 5 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Never cut its dividend on record
  • Strong 27.2% 5-yr dividend growth
  • 139% total price return over 5 years
  • Top-tier dividend safety score

Risks

  • Very high yield can signal elevated risk

Key Data

Dividend Yield
9.51%
Payout Ratio
—
Annual Dividend
$6.81
5-Yr Avg Growth
27.2%
Ex-Dividend Date
—
Years of Growth
5
Frequency
quarterly
Beta
—
Market Cap
—
P/E Ratio
—
5-Yr Total Return
139%
52-Week Range
$52.70 – $80.16
Dividend Safety
A · 81/100
Ever Cut?
No

MLPR dividend changes

ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN (MLPR) pays a variable dividend: across the 26 payments on record since 2020, 20 were higher than the one before and 2 lower. The latest change was up 6.1% to $1.77 per share, going ex-dividend on Jul 14, 2026.

Ex-dateChangeOld → newMove
Jul 14, 2026Higher$1.67 → $1.77+6.1%
Apr 13, 2026Higher$1.62 → $1.67+2.7%
Jan 13, 2026Higher$1.62 → $1.62+0.2%
Oct 10, 2025Higher$1.58 → $1.62+2.5%
Jul 14, 2025Lower$1.64 → $1.58−3.5%
Apr 11, 2025Higher$1.50 → $1.64+9.3%
Jan 13, 2025Higher$1.49 → $1.50+0.7%
Oct 11, 2024Lower$1.51 → $1.49−1.3%
Jul 15, 2024Higher$1.36 → $1.51+11.1%
Apr 11, 2024Higher$1.35 → $1.36+0.6%
Jan 12, 2024Higher$1.32 → $1.35+2.0%
Oct 12, 2023Higher$1.30 → $1.32+1.8%
Every MLPR payment →Download every raise and cut (CSV)
MLPR ex-dividend date & scheduleNext ex-date — · full ex-dividend historyView →MLPR dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is MLPR a good dividend stock?

Yes. ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN (MLPR) pays a quarterly dividend yielding 9.51% ($6.81/yr), with 5 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is MLPR undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, MLPR's fair value is about $111.71 versus a $71.59 share price — so it looks undervalued (+56% vs. fair value).

Is MLPR's dividend safe?

MLPR has a dividend-safety grade of A (81/100), based on its payout coverage, free-cash-flow, 5-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is MLPR's fair value?

Our blended fair-value estimate for MLPR is about $111.71 per share, roughly 56% above the current $71.59 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is MLPR a buy, hold, or sell?

We don't issue formal ratings, but on the data MLPR screens as "yes" and undervalued. ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN (MLPR) pays a quarterly dividend yielding 9.51% ($6.81/yr), with 5 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will MLPR cut its dividend?

MLPR earns a dividend-safety grade of A (81/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does MLPR pay a dividend?

Yes. ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN pays a quarterly dividend of about $6.81 per share annually, a forward yield of roughly 9.51%.

What is MLPR's dividend yield?

As of Oct 30, 2026, MLPR's forward dividend yield is 9.51%, based on a $6.81 annual dividend and a $71.59 share price.

What is MLPR's dividend per share?

As of Oct 30, 2026, MLPR pays $6.81 per share per year, distributed on a quarterly basis.

How many years has MLPR grown its dividend?

As of Oct 30, 2026, MLPR has increased its dividend for 5 consecutive years.

When is the next MLPR ex-dividend date?

As of Oct 30, 2026, MLPR's next ex-dividend date hasn't been announced. The most recent was Oct 13, 2026, for $1.76 per share.

Income Calculator

At $6.81 / yr per share

Per payment (quarterly)$170.28
Annual$681.10
Monthly avg$56.76

Similar Dividend Stocks

NVDANVDANVIDIA Corporation0.46%TechnologyAAPLAAPLApple Inc.0.31%TechnologyMSFTMSFTMicrosoft Corporation0.74%20 yrGOOGLGOOGLAlphabet Inc.0.27%Communication Services

Compare MLPR

MLPR vs NVDAMLPR vs AAPLMLPR vs MSFTMLPR vs GOOGL

Explore more

Lists and tools related to MLPR