ETRACS Montly Pay 2xLeveraged US High Dividend Low Volatility ETN due September 30, 2044 (NYSEARCA:HDLV) 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 0.3215 per share on Wednesday, January 24th. This represents a $3.86 dividend on an annualized basis and a dividend yield of 12.41%. The ex-dividend date is Friday, January 12th. This is an increase from ETRACS Montly Pay 2xLeveraged US High Dividend Low Volatility ETN due September 30, 2044’s previous monthly dividend of $0.19.

Shares of ETRACS Montly Pay 2xLeveraged US High Dividend Low Volatility ETN due September 30, 2044 (NYSEARCA:HDLV) opened at $31.09 on Thursday. ETRACS Montly Pay 2xLeveraged US High Dividend Low Volatility ETN due September 30, 2044 has a 12 month low of $29.11 and a 12 month high of $34.28.

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