ETRACS MarketVector Business Development Companies Liquid Index ETN (BDCZ) To Go Ex-Dividend on October 13th

ETRACS MarketVector Business Development Companies Liquid Index ETN (NYSEARCA:BDCZ) announced a quarterly dividend on Thursday, October 1st. Shareholders of record on Tuesday, October 13th will be given a dividend of $0.40 per share on Wednesday, October 21st. This represents a $1.60 annualized dividend and a yield of 11.1%. The ex-dividend date is Tuesday, October 13th. This is a 24.9% decrease from ETRACS MarketVector Business Development Companies Liquid Index ETN’s previous quarterly dividend of $0.5323.

ETRACS MarketVector Business Development Companies Liquid Index ETN Price Performance

NYSEARCA BDCZ opened at $14.46 on Friday. The business has a fifty day moving average price of $15.21 and a 200 day moving average price of $15.07. ETRACS MarketVector Business Development Companies Liquid Index ETN has a one year low of $12.92 and a one year high of $17.23.

About ETRACS MarketVector Business Development Companies Liquid Index ETN

The ETRACS MarketVector Business Development Companies Liquid Index ETN (BDCZ) is an exchange-traded fund that mostly invests in financials equity. The fund tracks an index of at least 25 companies invested in the initial growth stages of small firms. BDCZ was launched on Oct 8, 2015 and is issued by ETRACS.