ETRACS Monthly Pay 2xLeveraged Wells Fargo MLP Ex-Energy ETN (NYSEARCA:LMLP) announced a monthly dividend on Monday, January 8th, Wall Street Journal reports. Stockholders of record on Tuesday, January 16th will be paid a dividend of 0.0239 per share on Wednesday, January 24th. This represents a $0.29 dividend on an annualized basis and a dividend yield of 1.69%. The ex-dividend date of this dividend is Friday, January 12th.

Shares of ETRACS Monthly Pay 2xLeveraged Wells Fargo MLP Ex-Energy ETN (NYSEARCA LMLP) opened at $16.98 on Tuesday. ETRACS Monthly Pay 2xLeveraged Wells Fargo MLP Ex-Energy ETN has a fifty-two week low of $12.15 and a fifty-two week high of $17.01.

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