ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B (SMHB) to Issue $0.65 Monthly Dividend

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ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B (NYSEARCA:SMHB) declared a monthly dividend on Monday, January 7th, Wall Street Journal reports. Investors of record on Monday, January 14th will be given a dividend of 0.6458 per share on Wednesday, January 23rd. This represents a $7.75 dividend on an annualized basis and a yield of 35.19%. The ex-dividend date of this dividend is Friday, January 11th.

SMHB opened at $22.02 on Thursday. ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B has a one year low of $14.12 and a one year high of $24.90.

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