2xLeveraged Long ETRACS Wells Fargo Business Development Company Index Series B due May 24, 2041 Declares Quarterly Dividend of $0.68 (LBDC)

2xLeveraged Long ETRACS Wells Fargo Business Development Company Index Series B due May 24, 2041 (NYSEARCA:LBDC) declared a quarterly dividend on Monday, January 8th, Wall Street Journal reports. Investors of record on Tuesday, January 16th will be paid a dividend of 0.6802 per share on Wednesday, January 24th. This represents a $2.72 dividend on an annualized basis and a yield of 17.77%. The ex-dividend date of this dividend is Friday, January 12th.

2xLeveraged Long ETRACS Wells Fargo Business Development Company Index Series B due May 24, 2041 (LBDC) opened at $15.31 on Wednesday. 2xLeveraged Long ETRACS Wells Fargo Business Development Company Index Series B due May 24, 2041 has a fifty-two week low of $15.24 and a fifty-two week high of $28.71.

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