ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B (NYSEARCA:SMHB) Announces Monthly Dividend of $0.08

ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B (NYSEARCA:SMHB) announced a monthly dividend on Friday, January 1st. Stockholders of record on Wednesday, May 13th will be given a dividend of 0.078 per share on Thursday, May 21st. This represents a c) dividend on an annualized basis and a dividend yield of 23.1%. The ex-dividend date of this dividend is Wednesday, May 13th. This is a 8.9% increase from ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B’s previous monthly dividend of $0.07.

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

NYSEARCA:SMHB opened at $4.06 on Monday. ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B has a fifty-two week low of $3.36 and a fifty-two week high of $5.01. The business has a 50 day moving average price of $3.82 and a 200-day moving average price of $3.99.

ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B Company Profile

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.