ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B (SMHB) to Issue Monthly Dividend of $0.09 on October 21st

ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B (NYSEARCA:SMHB) declared a monthly dividend on Thursday, October 1st. Stockholders of record on Tuesday, October 13th will be paid a dividend of $0.0879 per share on Wednesday, October 21st. This represents a $1.05 annualized dividend and a dividend yield of 32.9%. The ex-dividend date of this dividend is Tuesday, October 13th. This is a 88.2% increase from ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B’s previous monthly dividend of $0.0467.

ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B Trading Down 0.9%

Shares of NYSEARCA SMHB opened at $3.21 on Friday. ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B has a 1-year low of $3.14 and a 1-year high of $4.54. The business’s 50 day moving average is $3.86 and its 200-day moving average is $3.89.

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.