ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN (SMHD) to Issue Dividend Increase – $0.42 Per Share

ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN (NYSEARCA:SMHD) declared a monthly dividend on Monday, January 7th, Wall Street Journal reports. Stockholders of record on Monday, January 14th will be paid a dividend of 0.4219 per share on Wednesday, January 23rd. This represents a $5.06 annualized dividend and a dividend yield of 31.08%. The ex-dividend date is Friday, January 11th. This is a boost from ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN’s previous monthly dividend of $0.15.

Shares of NYSEARCA:SMHD opened at $16.29 on Thursday. ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN has a 52-week low of $11.90 and a 52-week high of $20.96.

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See Also: Momentum Indicator: Relative Strength Index

Dividend History for ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN (NYSEARCA:SMHD)

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