ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN (CEFL) Declares Dividend Increase – $0.19 Per Share

ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN (NYSEARCA:CEFL) announced a monthly dividend on Tuesday, May 7th, Wall Street Journal reports. Stockholders of record on Monday, May 13th will be given a dividend of 0.1944 per share by the exchange traded fund on Tuesday, May 21st. This represents a $2.33 dividend on an annualized basis and a dividend yield of 16.86%. The ex-dividend date of this dividend is Friday, May 10th. This is a boost from ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN’s previous monthly dividend of $0.19.

CEFL remained flat at $$13.84 during trading hours on Thursday. The company had a trading volume of 88,688 shares, compared to its average volume of 103,667. ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN has a 12-month low of $10.86 and a 12-month high of $16.15.

ILLEGAL ACTIVITY WARNING: This story was first reported by Rockland Register and is the property of of Rockland Register. If you are viewing this story on another publication, it was illegally stolen and reposted in violation of US & international copyright legislation. The correct version of this story can be read at https://rocklandregister.com/2019/05/30/etracs-monthly-pay-2xleveraged-closed-end-fund-etn-cefl-raises-dividend-to-0-19-per-share.html.

See Also: Calculating net profit and net profit margin ratio

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

Receive News & Ratings for ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN and related companies with MarketBeat.com's FREE daily email newsletter.