ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) Plans Dividend Increase – $4.31 Per Share

ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) announced a monthly dividend on Friday, January 1st. Shareholders of record on Friday, February 20th will be given a dividend of 4.3124 per share on Wednesday, February 25th. This represents a c) annualized dividend and a yield of 28.8%. The ex-dividend date is Friday, February 20th. This is a 24.4% increase from ETRACS Gold Shares Covered Call ETN’s previous monthly dividend of $3.47.

ETRACS Gold Shares Covered Call ETN Stock Up 1.5%

Shares of NASDAQ:GLDI traded up $2.66 during trading on Wednesday, hitting $179.97. The stock had a trading volume of 470 shares, compared to its average volume of 12,436. ETRACS Gold Shares Covered Call ETN has a 12 month low of $153.07 and a 12 month high of $182.99. The company has a market capitalization of $125.98 million, a PE ratio of 230.71 and a beta of 0.06. The firm’s fifty day moving average is $177.44 and its 200 day moving average is $170.88.

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. they also have concessions in john lewis stores nationwide and in david jones, australia.