ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B (NYSEARCA:SMHB) Declares Monthly Dividend of $0.08

ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B (NYSEARCA:SMHB) declared a monthly dividend on Friday, January 1st. Shareholders of record on Tuesday, January 13th will be given a dividend of 0.0805 per share on Thursday, January 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 22.8%. The ex-dividend date is Tuesday, January 13th. This is a 90.8% increase from ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B’s previous monthly dividend of $0.04.

ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B Stock Up 1.4%

Shares of SMHB stock opened at $4.24 on Friday. The firm has a 50 day moving average of $3.93 and a 200-day moving average of $4.30. ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B has a 52 week low of $3.16 and a 52 week high of $5.53.

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.