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

ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN (NYSEARCA:PFFL) announced a monthly dividend on Wednesday, September 2nd. Stockholders of record on Monday, September 14th will be given a dividend of 0.0747 per share on Tuesday, September 22nd. This represents a c) annualized dividend and a dividend yield of 12.3%. The ex-dividend date of this dividend is Monday, September 14th.

ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN Price Performance

PFFL stock opened at $7.28 on Friday. ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN has a 52-week low of $7.21 and a 52-week high of $9.22. The business has a fifty day moving average of $7.47 and a two-hundred day moving average of $7.83.

About ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN

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.