ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN (NYSEARCA:MORL) declared a monthly dividend on Friday, December 7th, Wall Street Journal reports. Shareholders of record on Friday, December 14th will be given a dividend of 0.066 per share by the exchange traded fund on Monday, December 24th. This represents a $0.79 annualized dividend and a yield of 5.39%. The ex-dividend date is Thursday, December 13th.
MORL opened at $14.69 on Friday. ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN has a 1-year low of $12.50 and a 1-year high of $18.20.
TRADEMARK VIOLATION WARNING: “ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN (MORL) to Issue $0.07 Monthly Dividend” was reported by WKRB News and is the property of of WKRB News. If you are accessing this story on another domain, it was illegally stolen and republished in violation of U.S. and international trademark and copyright laws. The legal version of this story can be read at https://www.wkrb13.com/2018/12/08/etracs-monthly-pay-2xleveraged-mortgage-reit-etn-morl-to-issue-0-07-monthly-dividend.html.
Recommended Story: What are different types of coverage ratios?
Receive News & Ratings for ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN and related companies with MarketBeat.com's FREE daily email newsletter.