ETRACS Monthly Pay 2xLeveraged Wells Fargo MLP Ex-Energy ETN Plans Monthly Dividend of $0.71 (NYSEARCA:LMLB)

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ETRACS Monthly Pay 2xLeveraged Wells Fargo MLP Ex-Energy ETN (NYSEARCA:LMLB) declared a monthly dividend on Monday, December 9th, Wall Street Journal reports. Shareholders of record on Friday, December 13th will be paid a dividend of 0.7112 per share on Monday, December 23rd. This represents a $8.53 dividend on an annualized basis and a yield of 34.14%. The ex-dividend date of this dividend is Thursday, December 12th.

Shares of LMLB stock traded up $0.07 during mid-day trading on Tuesday, hitting $25.00. The stock had a trading volume of 16 shares, compared to its average volume of 711. ETRACS Monthly Pay 2xLeveraged Wells Fargo MLP Ex-Energy ETN has a fifty-two week low of $24.23 and a fifty-two week high of $29.96.

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