ETRACS Monthly Pay 2xLeveraged S&P Dividend ETN (NYSEARCA:SDYL) announced a monthly dividend on Wednesday, November 7th, Wall Street Journal reports. Investors of record on Monday, November 12th will be given a dividend of 0.3291 per share on Tuesday, November 20th. This represents a $3.95 annualized dividend and a dividend yield of 4.60%. The ex-dividend date is Thursday, November 8th.
Shares of NYSEARCA SDYL traded up $1.10 during mid-day trading on Wednesday, hitting $85.94. 290 shares of the stock traded hands, compared to its average volume of 1,123. ETRACS Monthly Pay 2xLeveraged S&P Dividend ETN has a twelve month low of $59.18 and a twelve month high of $92.80.
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