ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN Declares Monthly Dividend of $0.20 (CEFL)

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ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN (NYSEARCA:CEFL) announced a monthly dividend on Friday, September 7th, Wall Street Journal reports. Stockholders of record on Thursday, September 13th will be given a dividend of 0.1999 per share by the exchange traded fund on Friday, September 21st. This represents a $2.40 annualized dividend and a dividend yield of 15.26%. The ex-dividend date is Wednesday, September 12th.

Shares of ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN stock traded down $0.10 during trading hours on Friday, hitting $15.72. 134,101 shares of the company were exchanged, compared to its average volume of 147,026. ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN has a 1 year low of $15.30 and a 1 year high of $18.96.

Read More: Understanding Price to Earnings Ratio (PE)

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

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