2xLeveraged Long ETRACS Wells Fargo Business Development Company Index Series B due May 24, 2041 (LBDC) Announces Quarterly Dividend of $0.68

2xLeveraged Long ETRACS Wells Fargo Business Development Company Index Series B due May 24, 2041 (NYSEARCA:LBDC) announced a quarterly dividend on Monday, January 8th, Wall Street Journal reports. Shareholders of record on Tuesday, January 16th will be paid a dividend of 0.6802 per share on Wednesday, January 24th. This represents a $2.72 annualized dividend and a yield of 16.88%. The ex-dividend date of this dividend is Friday, January 12th.

Shares of 2xLeveraged Long ETRACS Wells Fargo Business Development Company Index Series B due May 24, 2041 (LBDC) opened at $16.12 on Thursday. 2xLeveraged Long ETRACS Wells Fargo Business Development Company Index Series B due May 24, 2041 has a 12-month low of $15.80 and a 12-month high of $28.71.

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