ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B (NYSEARCA:SMHB) Announces Dividend Increase – $0.05 Per Share

ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B (NYSEARCA:SMHB) declared a monthly dividend on Wednesday, September 2nd. Stockholders of record on Monday, September 14th will be given a dividend of 0.0467 per share on Tuesday, September 22nd. This represents a c) annualized dividend and a dividend yield of 13.4%. The ex-dividend date of this dividend is Monday, September 14th. This is a 50.2% increase from ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B’s previous monthly dividend of $0.03.

ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B Stock Performance

Shares of SMHB opened at $4.17 on Friday. The business has a fifty day moving average of $4.15 and a 200 day moving average of $3.96. ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B has a 52-week low of $3.36 and a 52-week high of $4.92.

About ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B

The ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B (SMHB) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks twice the monthly returns of a dividends-selected, liquidity-weighted index of US small-cap equities. SMHB was launched on Nov 8, 2018 and is issued by ETRACS.