ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN (NYSEARCA:CEFL) Increases Dividend to $0.23 Per Share

ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN (NYSEARCA:CEFL) declared a monthly dividend on Friday, June 7th, Wall Street Journal reports. Investors of record on Wednesday, June 12th will be given a dividend of 0.2259 per share by the exchange traded fund on Thursday, June 20th. This represents a $2.71 annualized dividend and a yield of 19.27%. The ex-dividend date of this dividend is Tuesday, June 11th. This is an increase from ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN’s previous monthly dividend of $0.19.

NYSEARCA CEFL opened at $14.07 on Monday. ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN has a one year low of $10.86 and a one year high of $16.15.

COPYRIGHT VIOLATION WARNING: “ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN (NYSEARCA:CEFL) Increases Dividend to $0.23 Per Share” was first posted by Dakota Financial News and is the property of of Dakota Financial News. If you are accessing this story on another publication, it was illegally copied and reposted in violation of US and international trademark & copyright law. The legal version of this story can be read at https://dakotafinancialnews.com/2019/06/10/etracs-monthly-pay-2xleveraged-closed-end-fund-etn-nysearcacefl-increases-dividend-to-0-23-per-share.html.

See Also: What is a Futures Contract?

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.