ETRACS Monthly Pay 2xLeveraged MSCI US REIT Index ETN (NYSEARCA:LRET) announced a monthly dividend on Thursday, February 7th, Wall Street Journal reports. Stockholders of record on Tuesday, February 12th will be paid a dividend of 0.063 per share on Thursday, February 21st. This represents a $0.76 dividend on an annualized basis and a dividend yield of 2.98%. The ex-dividend date is Monday, February 11th.
Shares of LRET stock opened at $25.39 on Friday. ETRACS Monthly Pay 2xLeveraged MSCI US REIT Index ETN has a 12 month low of $18.85 and a 12 month high of $27.25.
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