ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN (PFFL) To Go Ex-Dividend on July 14th

ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN (NYSEARCA:PFFL) announced a monthly dividend on Friday, January 1st. Investors of record on Tuesday, July 14th will be given a dividend of 0.0346 per share on Wednesday, July 22nd. This represents a c) annualized dividend and a yield of 5.5%. The ex-dividend date is Tuesday, July 14th.

ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN Trading Up 0.8%

Shares of PFFL traded up $0.06 during trading hours on Friday, reaching $7.56. 9 shares of the company traded hands, compared to its average volume of 2,582. ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN has a 12 month low of $7.38 and a 12 month high of $9.22. The company’s fifty day moving average price is $7.84 and its two-hundred day moving average price is $8.10.

ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN Company Profile

The ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN (PFFL) is an exchange-traded fund that is based on the Solactive Preferred Stock ETF index. The fund tracks twice the monthly returns of a market-value-selected and -weighted index of preferred securities from various issuers. PFFL was launched on Sep 25, 2018 and is issued by ETRACS.