ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN (BDCX) to Distribute Dividend of $0.85 on October 21st

ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN (NYSEARCA:BDCX) announced a dividend on Thursday, October 1st. Stockholders of record on Tuesday, October 13th will be given a dividend of $0.8478 per share on Wednesday, October 21st. The ex-dividend date of this dividend is Tuesday, October 13th. This is a 27.6% decrease from ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN’s previous dividend of $1.1716.

ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN Stock Down 1.0%

Shares of BDCX opened at $18.90 on Friday. ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN has a 1-year low of $17.60 and a 1-year high of $26.78. The firm’s 50-day moving average price is $20.36 and its 200-day moving average price is $20.25.

About ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN

The ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN (BDCX) is an exchange-traded fund that mostly invests in financials equity. The fund provides 1.5x leveraged exposure, compounded quarterly, to a tiered-weighted index of business development companies (BDC) listed and incorporated in the US. BDCX was launched on Jun 2, 2020 and is issued by ETRACS.