ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN (NYSEARCA:SMHD) 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 0.1488 per share on Tuesday, November 20th. This represents a $1.79 dividend on an annualized basis and a dividend yield of 10.60%. The ex-dividend date is Thursday, November 8th.
Shares of NYSEARCA SMHD traded up $0.37 on Wednesday, reaching $16.84. 25,326 shares of the company’s stock traded hands, compared to its average volume of 43,612. ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN has a 12 month low of $14.27 and a 12 month high of $20.96.
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