ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN (NYSEARCA:CEFL) declared a monthly dividend on Wednesday, November 7th, Wall Street Journal reports. Shareholders of record on Monday, November 12th will be paid a dividend of 0.1763 per share by the exchange traded fund on Tuesday, November 20th. This represents a $2.12 annualized dividend and a yield of 14.62%. The ex-dividend date of this dividend is Thursday, November 8th.
CEFL traded up $0.33 during trading on Wednesday, hitting $14.47. The stock had a trading volume of 189,094 shares, compared to its average volume of 147,625. ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN has a twelve month low of $13.47 and a twelve month high of $18.61.
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