ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (MVRL) to Issue Dividend of $0.17 on December 22nd

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (NYSEARCA:MVRLGet Free Report) declared a dividend on Friday, January 1st. Investors of record on Friday, December 12th will be paid a dividend of 0.167 per share on Monday, December 22nd. The ex-dividend date is Friday, December 12th. This is a 46.1% increase from ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN’s previous dividend of $0.11.

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN Trading Down 0.7%

NYSEARCA:MVRL traded down $0.11 during mid-day trading on Wednesday, hitting $14.87. 888 shares of the company’s stock were exchanged, compared to its average volume of 8,772. ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN has a one year low of $11.78 and a one year high of $17.74. The business has a fifty day moving average price of $14.64 and a 200 day moving average price of $14.80.

About ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN

(Get Free Report)

The ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN (MVRL) is an exchange-traded fund that is based on the MVIS US Mortgage REITs index. The fund provides 1.5x leveraged exposure to a market-cap weighted index of mortgage REITs. Leverage is reset quarterly. MVRL was launched on Jun 2, 2020 and is issued by ETRACS.

See Also

Dividend History for ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (NYSEARCA:MVRL)

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