ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN (NYSEARCA:PFFL) Plans $0.07 Monthly Dividend

ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN (NYSEARCA:PFFLGet Free Report) declared a monthly dividend on Wednesday, September 2nd. Shareholders of record on Monday, September 14th will be paid a dividend of 0.0747 per share on Tuesday, September 22nd. This represents a c) dividend on an annualized basis and a yield of 12.3%. The ex-dividend date of this dividend is Monday, September 14th.

ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN Trading Up 0.6%

NYSEARCA:PFFL opened at $7.28 on Friday. The company has a fifty day moving average of $7.47 and a 200 day moving average of $7.83. ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN has a 52 week low of $7.21 and a 52 week high of $9.22.

About ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN

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The ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN (PFFL) is an exchange-traded fund that is based on the Solactive Preferred Stock ETF index. The fund tracks twice the monthly returns of a market-value-selected and -weighted index of preferred securities from various issuers. PFFL was launched on Sep 25, 2018 and is issued by ETRACS.

See Also

Dividend History for ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN (NYSEARCA:PFFL)

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