ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B (MRRL) Plans Monthly Dividend of $0.64

ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B (NYSEARCA:MRRL) declared a monthly dividend on Monday, January 7th, Wall Street Journal reports. Shareholders of record on Monday, January 14th will be paid a dividend of 0.6407 per share on Wednesday, January 23rd. This represents a $7.69 annualized dividend and a yield of 56.20%. The ex-dividend date of this dividend is Friday, January 11th. This is a boost from ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B’s previous monthly dividend of $0.07.

Shares of ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B stock opened at $13.68 on Thursday. ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B has a 1 year low of $11.25 and a 1 year high of $17.07.

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Dividend History for ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B (NYSEARCA:MRRL)

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