ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) to Issue Dividend Increase – $3.09 Per Share

ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) declared a monthly dividend on Wednesday, November 5th. Investors of record on Thursday, November 20th will be given a dividend of 3.0899 per share on Tuesday, November 25th. This represents a c) annualized dividend and a yield of 21.9%. The ex-dividend date of this dividend is Thursday, November 20th. This is a 80.7% increase from ETRACS Gold Shares Covered Call ETN’s previous monthly dividend of $1.71.

ETRACS Gold Shares Covered Call ETN Trading Up 0.5%

Shares of GLDI traded up $0.81 on Friday, reaching $169.19. 11,595 shares of the company’s stock were exchanged, compared to its average volume of 8,740. The business has a 50 day moving average price of $167.95 and a two-hundred day moving average price of $163.34. ETRACS Gold Shares Covered Call ETN has a 12 month low of $150.02 and a 12 month high of $174.86. The stock has a market capitalization of $118.43 million, a P/E ratio of 216.97 and a beta of 0.06.

About ETRACS Gold Shares Covered Call ETN

luxury british cocoa grower and chocolatier, hotel chocolat, was founded in 2004 to make exciting chocolate with three guiding principles – authenticity, originality and ethics – which remain central to the brand’s success today. with its rabot estate cocoa plantation in saint lucia, a chocolate manufacturing facility in cambridgeshire and stores across the uk and internationally, hotel chocolat occupies a unique space – being able to link all aspects of chocolate from the tree to the consumer.