ETRACS Monthly Pay 2x Leveraged S&P Dividend ETN (SDYL) Declares Monthly Dividend of $0.48

ETRACS Monthly Pay 2x Leveraged S&P Dividend ETN (NYSEARCA:SDYL) announced a monthly dividend on Thursday, December 7th, Wall Street Journal reports. Investors of record on Wednesday, December 13th will be paid a dividend of 0.475 per share on Thursday, December 21st. This represents a $5.70 dividend on an annualized basis and a yield of 6.81%. The ex-dividend date of this dividend is Tuesday, December 12th.

Shares of ETRACS Monthly Pay 2x Leveraged S&P Dividend ETN (NYSEARCA:SDYL) remained flat at $$83.65 during midday trading on Thursday. 85 shares of the company were exchanged, compared to its average volume of 1,730. ETRACS Monthly Pay 2x Leveraged S&P Dividend ETN has a 1 year low of $64.21 and a 1 year high of $85.76.

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