ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B due October 16, 2042 (NYSEARCA:MRRL) Declares Dividend Increase – $0.77 Per Share

ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B due October 16, 2042 (NYSEARCA:MRRL) announced a monthly dividend on Monday, January 8th, Wall Street Journal reports. Investors of record on Tuesday, January 16th will be paid a dividend of 0.7746 per share on Wednesday, January 24th. This represents a $9.30 annualized dividend and a yield of 58.46%. The ex-dividend date is Friday, January 12th. This is a positive change from ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B due October 16, 2042’s previous monthly dividend of $0.04.

Shares of ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B due October 16, 2042 (NYSEARCA MRRL) opened at $15.90 on Thursday. ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B due October 16, 2042 has a twelve month low of $14.76 and a twelve month high of $19.50.

TRADEMARK VIOLATION NOTICE: “ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B due October 16, 2042 (NYSEARCA:MRRL) Declares Dividend Increase – $0.77 Per Share” was first published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this news story on another site, it was copied illegally and reposted in violation of US & international copyright law. The original version of this news story can be accessed at https://www.dispatchtribunal.com/2018/01/18/etracs-monthly-pay-2xleveraged-mortgage-reit-etn-series-b-due-october-16-2042-mrrl-to-issue-monthly-dividend-of-0-77-on-january-24th.html.

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