ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN (BDCX) to Issue Dividend of $1.17 on July 22nd

ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN (NYSEARCA:BDCX) announced a dividend on Friday, January 1st. Stockholders of record on Tuesday, July 14th will be paid a dividend of 1.1716 per share on Wednesday, July 22nd. The ex-dividend date of this dividend is Tuesday, July 14th. This is a 13.6% increase from ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN’s previous dividend of $1.03.

ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN Price Performance

BDCX traded up $0.68 during trading hours on Friday, reaching $20.60. 2,302 shares of the company’s stock traded hands, compared to its average volume of 3,312. The firm has a 50-day moving average price of $20.18 and a 200 day moving average price of $21.36. ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN has a 52-week low of $17.90 and a 52-week high of $30.67.

ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN Company Profile

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.