ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B (MRRL) to Issue Monthly Dividend of $0.07 on September 21st

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ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B (NYSEARCA:MRRL) announced a monthly dividend on Friday, September 7th, Wall Street Journal reports. Investors of record on Thursday, September 13th will be paid a dividend of 0.0734 per share on Friday, September 21st. This represents a $0.88 dividend on an annualized basis and a yield of 5.37%. The ex-dividend date of this dividend is Wednesday, September 12th.

MRRL stock traded down $0.20 during mid-day trading on Friday, reaching $16.41. 20,432 shares of the stock traded hands, compared to its average volume of 10,387. ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B has a 52 week low of $11.51 and a 52 week high of $19.15.

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

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