ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN (NYSEARCA:PFFL) Raises Dividend to $0.15 Per Share

ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN (NYSEARCA:PFFL) declared a dividend on Saturday, December 7th,NASDAQ Dividends reports. Investors of record on Friday, December 13th will be paid a dividend of 0.1495 per share on Monday, December 23rd. The ex-dividend date of this dividend is Friday, December 13th. This is an increase from ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN’s previous dividend of $0.11.

ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN Stock Down 0.2 %

ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN stock opened at $9.97 on Monday. ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN has a fifty-two week low of $9.10 and a fifty-two week high of $11.65. The stock’s 50 day simple moving average is $10.28 and its two-hundred day simple moving average is $10.02.

ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN Company Profile

The ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN (PFFL) is an exchange-traded fund that is based on the Solactive Preferred Stock ETF index. The fund tracks twice the monthly returns of a market-value-selected and -weighted index of preferred securities from various issuers. PFFL was launched on Sep 25, 2018 and is issued by ETRACS.