ETRACS MarketVector Business Development Companies Liquid Index ETN (NYSEARCA:BDCZ) Declares Quarterly Dividend of $0.53

ETRACS MarketVector Business Development Companies Liquid Index ETN (NYSEARCA:BDCZ) declared a quarterly dividend on Friday, January 1st. Shareholders of record on Tuesday, July 14th will be given a dividend of 0.5323 per share on Wednesday, July 22nd. This represents a c) dividend on an annualized basis and a yield of 14.2%. The ex-dividend date of this dividend 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 Trading Up 0.7%

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

ETRACS MarketVector Business Development Companies Liquid Index ETN Company Profile

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.