ETRACS Monthly Pay 2x Leveraged Dow Jones Select Dividend ETN (DVYL) to Issue Monthly Dividend of $0.62 on December 21st

ETRACS Monthly Pay 2x Leveraged Dow Jones Select Dividend ETN (NYSEARCA:DVYL) declared a monthly dividend on Thursday, December 7th, Wall Street Journal reports. Stockholders of record on Wednesday, December 13th will be given a dividend of 0.6246 per share on Thursday, December 21st. This represents a $7.50 annualized dividend and a dividend yield of 10.41%. The ex-dividend date is Tuesday, December 12th.

ETRACS Monthly Pay 2x Leveraged Dow Jones Select Dividend ETN (NYSEARCA:DVYL) traded up $0.37 during mid-day trading on Thursday, hitting $71.97. 649 shares of the stock traded hands, compared to its average volume of 3,757. ETRACS Monthly Pay 2x Leveraged Dow Jones Select Dividend ETN has a 12-month low of $59.10 and a 12-month high of $74.40.

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