ETRACS MarketVector Business Development Companies Liquid Index ETN (BDCZ) to Issue Quarterly Dividend of $0.53 on July 22nd

ETRACS MarketVector Business Development Companies Liquid Index ETN (NYSEARCA:BDCZGet Free Report) declared a quarterly dividend on Friday, January 1st. Shareholders of record on Tuesday, July 14th will be paid a dividend of 0.5323 per share on Wednesday, July 22nd. This represents a c) annualized dividend and a yield of 14.2%. The ex-dividend date is Tuesday, July 14th. This is a 17.6% increase from ETRACS MarketVector Business Development Companies Liquid Index ETN’s previous quarterly dividend of $0.45.

ETRACS MarketVector Business Development Companies Liquid Index ETN Price Performance

Shares of BDCZ traded up $0.10 during trading on Friday, reaching $14.99. 631 shares of the company traded hands, compared to its average volume of 1,250. The stock has a 50-day simple moving average of $14.98 and a 200-day simple moving average of $15.48. ETRACS MarketVector Business Development Companies Liquid Index ETN has a twelve month low of $12.92 and a twelve month high of $19.60.

About ETRACS MarketVector Business Development Companies Liquid Index ETN

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The ETRACS MarketVector Business Development Companies Liquid Index ETN (BDCZ) is an exchange-traded fund that mostly invests in financials equity. The fund tracks an index of at least 25 companies invested in the initial growth stages of small firms. BDCZ was launched on Oct 8, 2015 and is issued by ETRACS.

Further Reading

Dividend History for ETRACS MarketVector Business Development Companies Liquid Index ETN (NYSEARCA:BDCZ)

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