ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B (MRRL) to Issue Monthly Dividend of $0.64 on January 23rd

ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B (NYSEARCA:MRRL) declared a monthly dividend on Monday, January 7th, Wall Street Journal reports. Investors of record on Monday, January 14th will be paid a dividend of 0.6407 per share on Wednesday, January 23rd. This represents a $7.69 dividend on an annualized basis and a yield of 56.20%. The ex-dividend date is Friday, January 11th. This is an increase from ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B’s previous monthly dividend of $0.07.

NYSEARCA:MRRL opened at $13.68 on Thursday. ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B has a one year low of $11.25 and a one year high of $17.07.

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Dividend History for ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B (NYSEARCA:MRRL)

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