ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B (MRRL) Plans $0.04 Monthly Dividend

ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B (NYSEARCA:MRRL) declared a monthly dividend on Thursday, December 7th, Wall Street Journal reports. Investors of record on Wednesday, December 13th will be given a dividend of 0.0387 per share on Thursday, December 21st. This represents a $0.46 dividend on an annualized basis and a dividend yield of 2.69%. The ex-dividend date of this dividend is Tuesday, December 12th.

ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B (MRRL) traded up $0.04 on Thursday, hitting $17.25. 16,772 shares of the company were exchanged, compared to its average volume of 7,010. ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B has a one year low of $14.58 and a one year high of $19.50.

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