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2Q26 MLP/Midstream Dividends: MLPs Drive Growth
['Kyle Richards']
ETF Trends
For the second quarter of 2026, sequential dividend growth across the broad Alerian Midstream Energy Index (AMNA) came primarily from MLPs, while most midstream corporations maintained their dividends. This robust free cash flow generation has fueled consistently strong distribution growth in recent years, with AMZ having delivered its fourth consecutive year of double-digit normalized distribution growth in 2025. AMZ is the underlying index for the JPMCFC Alerian MLP Index ETN (AMJB), the ETRACS Alerian MLP Index ETN Series B (AMUB), and the ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN (MLPR).