UBS ETRACS Mthly Py 2xLvg Closed-End ETN (NYSEARCA:CEFL) declared a monthly dividend on Thursday, December 7th, Wall Street Journal reports. Investors of record on Wednesday, December 13th will be given a dividend of 0.2544 per share by the exchange traded fund on Thursday, December 21st. This represents a $3.05 dividend on an annualized basis and a yield of 16.81%. The ex-dividend date of this dividend is Tuesday, December 12th.
UBS ETRACS Mthly Py 2xLvg Closed-End ETN (CEFL) traded up $0.02 during mid-day trading on Thursday, reaching $18.16. 118,579 shares of the company were exchanged, compared to its average volume of 176,377. UBS ETRACS Mthly Py 2xLvg Closed-End ETN has a twelve month low of $16.23 and a twelve month high of $18.98.
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