ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN (CEFL) Raises Dividend to $0.26 Per Share

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ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN (NYSEARCA:CEFL) announced a monthly dividend on Monday, January 7th, Wall Street Journal reports. Stockholders of record on Monday, January 14th will be given a dividend of 0.2596 per share by the exchange traded fund on Wednesday, January 23rd. This represents a $3.12 annualized dividend and a dividend yield of 23.39%. The ex-dividend date is Friday, January 11th. This is a boost from ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN’s previous monthly dividend of $0.22.

ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN stock opened at $13.32 on Thursday. ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN has a 12-month low of $10.86 and a 12-month high of $18.21.

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See Also: Certificate of Deposit (CD) For Risk Adverse Investors?

Dividend History for ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN (NYSEARCA:CEFL)

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