UBS ETRACS Mthly Py 2xLvg Closed-End ETN (NYSEARCA:CEFL) announced a monthly dividend on Thursday, December 7th, Wall Street Journal reports. Stockholders of record on Wednesday, December 13th will be given a dividend of 0.2544 per share by the exchange traded fund on Thursday, December 21st. This represents a $3.05 annualized dividend and a dividend yield of 16.81%. The ex-dividend date of this dividend is Tuesday, December 12th.
UBS ETRACS Mthly Py 2xLvg Closed-End ETN (NYSEARCA CEFL) traded up $0.02 during mid-day trading on Thursday, hitting $18.16. 118,579 shares of the company were exchanged, compared to its average volume of 176,377. UBS ETRACS Mthly Py 2xLvg Closed-End ETN has a 1 year low of $16.23 and a 1 year high of $18.98.
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