ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN due February 6, 2045 (NYSEARCA:SMHD) announced a monthly dividend on Monday, January 8th, Wall Street Journal reports. Shareholders of record on Tuesday, January 16th will be paid a dividend of 0.5584 per share on Wednesday, January 24th. This represents a $6.70 annualized dividend and a yield of 34.26%. The ex-dividend date is Friday, January 12th. This is a positive change from ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN due February 6, 2045’s previous monthly dividend of $0.23.

Shares of ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN due February 6, 2045 (SMHD) traded up $0.22 during midday trading on Monday, reaching $19.56. The company’s stock had a trading volume of 4,477 shares. ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN due February 6, 2045 has a 1-year low of $16.53 and a 1-year high of $24.48.

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