ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN (NYSEARCA:MORL) announced a monthly dividend on Friday, September 7th, Wall Street Journal reports. Investors of record on Thursday, September 13th will be paid a dividend of 0.0734 per share by the exchange traded fund on Friday, September 21st. This represents a $0.88 annualized dividend and a dividend yield of 5.28%. The ex-dividend date of this dividend is Wednesday, September 12th.

Shares of MORL stock remained flat at $$16.69 during midday trading on Friday. 545,246 shares of the company traded hands, compared to its average volume of 285,037. ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN has a 1-year low of $12.50 and a 1-year high of $19.30.

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Dividend History for ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN (NYSEARCA:MORL)

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