ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN (PFFL) To Go Ex-Dividend on August 12th

ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN (NYSEARCA:PFFLGet Free Report) announced a monthly dividend on Friday, July 31st. Stockholders of record on Wednesday, August 12th will be given a dividend of 0.0779 per share on Thursday, August 20th. This represents a c) annualized dividend and a dividend yield of 12.5%. The ex-dividend date is Wednesday, August 12th. This is a 125.1% increase from ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN’s previous monthly dividend of $0.03.

ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN Stock Performance

NYSEARCA:PFFL opened at $7.45 on Monday. The company’s fifty day moving average price is $7.62 and its 200-day moving average price is $7.98. ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN has a 1-year low of $7.25 and a 1-year high of $9.22.

ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN Company Profile

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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.

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

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