ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) Increases Dividend to $2.65 Per Share

ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) declared a monthly dividend on Thursday, November 5th. Stockholders of record on Friday, November 20th will be paid a dividend of $2.6477 per share on Wednesday, November 25th. This represents a $31.77 annualized dividend and a dividend yield of 23.1%. The ex-dividend date of this dividend is Friday, November 20th. This is a 33.4% increase from ETRACS Gold Shares Covered Call ETN’s previous monthly dividend of $1.9854.

ETRACS Gold Shares Covered Call ETN Stock Performance

Shares of GLDI stock traded down $1.03 during trading hours on Friday, reaching $137.50. The company had a trading volume of 32,229 shares, compared to its average volume of 54,311. The stock has a fifty day moving average of $142.46 and a 200-day moving average of $156.84. The company has a market capitalization of $137.50 million, a price-to-earnings ratio of 176.33 and a beta of 0.15. ETRACS Gold Shares Covered Call ETN has a 12-month low of $131.31 and a 12-month high of $183.61.

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.