ETRACS Monthly Pay 2xLeveraged S&P Dividend ETN (NYSEARCA:SDYL) Raises Dividend to $0.55 Per Share

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ETRACS Monthly Pay 2xLeveraged S&P Dividend ETN (NYSEARCA:SDYL) announced a monthly dividend on Monday, December 9th, Wall Street Journal reports. Shareholders of record on Friday, December 13th will be given a dividend of 0.5478 per share on Monday, December 23rd. This represents a $6.57 dividend on an annualized basis and a yield of 6.66%. The ex-dividend date of this dividend is Thursday, December 12th. This is a positive change from ETRACS Monthly Pay 2xLeveraged S&P Dividend ETN’s previous monthly dividend of $0.37.

Shares of NYSEARCA SDYL traded down $0.34 during mid-day trading on Tuesday, reaching $98.66. The company had a trading volume of 327 shares, compared to its average volume of 1,524. The firm has a 50 day simple moving average of $96.88 and a two-hundred day simple moving average of $90.81. ETRACS Monthly Pay 2xLeveraged S&P Dividend ETN has a 52-week low of $64.50 and a 52-week high of $99.61.

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Dividend History for ETRACS Monthly Pay 2xLeveraged S&P Dividend ETN (NYSEARCA:SDYL)

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