ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B (NYSEARCA:SMHB) Increases Dividend to $0.10 Per Share

ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B (NYSEARCA:SMHB) declared a monthly dividend on Friday, January 1st. Stockholders of record on Tuesday, July 14th will be given a dividend of 0.1038 per share on Wednesday, July 22nd. This represents a c) annualized dividend and a dividend yield of 30.1%. The ex-dividend date of this dividend is Tuesday, July 14th. This is a 116.3% increase from ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B’s previous monthly dividend of $0.05.

ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B Price Performance

SMHB traded up $0.07 during mid-day trading on Friday, reaching $4.14. 9,559 shares of the company traded hands, compared to its average volume of 22,713. ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B has a 52-week low of $3.36 and a 52-week high of $4.96. The company’s fifty day moving average price is $3.92 and its 200-day moving average price is $3.97.

ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B Company Profile

The ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B (SMHB) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks twice the monthly returns of a dividends-selected, liquidity-weighted index of US small-cap equities. SMHB was launched on Nov 8, 2018 and is issued by ETRACS.