ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B to Issue Monthly Dividend of $0.03 (NYSEARCA:SMHB)

ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B (NYSEARCA:SMHB) announced a monthly dividend on Friday, July 31st. Shareholders of record on Wednesday, August 12th will be paid a dividend of 0.0311 per share on Thursday, August 20th. This represents a c) annualized dividend and a yield of 9.2%. The ex-dividend date of this dividend is Wednesday, August 12th.

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

Shares of NYSEARCA:SMHB opened at $4.07 on Monday. ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B has a 12-month low of $3.36 and a 12-month high of $4.92. The business has a 50 day moving average of $4.03 and a 200-day moving average of $3.97.

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.