ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B (SMHB) To Go Ex-Dividend on July 14th

ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B (NYSEARCA:SMHB) announced a monthly dividend on Friday, January 1st. Shareholders of record on Tuesday, July 14th will be given a dividend of 0.1038 per share on Wednesday, July 22nd. This represents a c) dividend on an annualized basis and a yield of 30.1%. The ex-dividend date is Tuesday, July 14th. This is a 116.3% increase from ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B’s previous monthly dividend of $0.05.

ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B Stock Up 1.7%

SMHB traded up $0.07 during trading on Friday, reaching $4.14. 9,559 shares of the company’s stock were exchanged, compared to its average volume of 22,713. The business has a 50 day moving average price of $3.92 and a 200 day moving average price of $3.97. ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B has a fifty-two week low of $3.36 and a fifty-two week high of $4.96.

About ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B

The ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B (SMHB) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks twice the monthly returns of a dividends-selected, liquidity-weighted index of US small-cap equities. SMHB was launched on Nov 8, 2018 and is issued by ETRACS.