ETRACS Monthly Pay 2xLeveraged MSCI US REIT Index ETN due May 5, 2045 (LRET) Announces Dividend Increase – $0.28 Per Share

ETRACS Monthly Pay 2xLeveraged MSCI US REIT Index ETN due May 5, 2045 (NYSEARCA:LRET) announced a monthly dividend on Monday, April 9th, Wall Street Journal reports. Stockholders of record on Friday, April 13th will be paid a dividend of 0.2796 per share on Monday, April 23rd. This represents a $3.36 dividend on an annualized basis and a dividend yield of 15.90%. The ex-dividend date is Thursday, April 12th. This is an increase from ETRACS Monthly Pay 2xLeveraged MSCI US REIT Index ETN due May 5, 2045’s previous monthly dividend of $0.13.

Shares of LRET traded down $0.37 on Monday, reaching $21.11. The company’s stock had a trading volume of 412 shares, compared to its average volume of 3,743. ETRACS Monthly Pay 2xLeveraged MSCI US REIT Index ETN due May 5, 2045 has a 12-month low of $19.32 and a 12-month high of $27.84.

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Dividend History for ETRACS Monthly Pay 2xLeveraged MSCI US REIT Index ETN due May 5, 2045 (NYSEARCA:LRET)

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