ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (MVRL) To Go Ex-Dividend on October 13th

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (NYSEARCA:MVRL) declared a dividend on Thursday, October 1st. Stockholders of record on Tuesday, October 13th will be given a dividend of $0.3780 per share on Wednesday, October 21st. The ex-dividend date of this dividend is Tuesday, October 13th. This is a 136.8% increase from ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN’s previous dividend of $0.1596.

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN Stock Down 0.8%

Shares of ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN stock opened at $9.43 on Friday. The business has a 50-day simple moving average of $12.01 and a 200 day simple moving average of $13.12. ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN has a one year low of $9.27 and a one year high of $17.00.

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN Company Profile

The ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN (MVRL) is an exchange-traded fund that is based on the MVIS US Mortgage REITs index. The fund provides 1.5x leveraged exposure to a market-cap weighted index of mortgage REITs. Leverage is reset quarterly. MVRL was launched on Jun 2, 2020 and is issued by ETRACS.