ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B (SMHB) to Distribute Monthly Dividend of $0.04 on November 20th

ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B (NYSEARCA:SMHB) declared a monthly dividend on Saturday, October 31st. Shareholders of record on Thursday, November 12th will be given a dividend of $0.0416 per share on Friday, November 20th. This represents a $0.50 annualized dividend and a yield of 14.6%. The ex-dividend date of this dividend is Thursday, November 12th. This is a 52.7% decrease from ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B’s previous monthly dividend of $0.0879.

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

SMHB opened at $3.43 on Tuesday. The firm’s 50-day moving average price is $3.48 and its 200-day moving average price is $3.86. ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B has a 52-week low of $3.01 and a 52-week high of $4.47.

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.