ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B Plans Monthly Dividend of $0.10 (MRRL)

ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B (NYSEARCA:MRRL) declared a monthly dividend on Wednesday, November 7th, Wall Street Journal reports. Investors of record on Monday, November 12th will be paid a dividend of 0.1013 per share on Tuesday, November 20th. This represents a $1.22 dividend on an annualized basis and a yield of 8.27%. The ex-dividend date is Thursday, November 8th.

ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B stock traded down $0.02 during midday trading on Wednesday, reaching $14.70. 78,705 shares of the stock traded hands, compared to its average volume of 34,248. ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B has a 12 month low of $11.51 and a 12 month high of $17.99.

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Further Reading: Cost of Capital

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

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