ETRACS Monthly Pay 2x Leveraged Dow Jones Select Dividend ETN to Issue Monthly Dividend of $0.62 (DVYL)

ETRACS Monthly Pay 2x Leveraged Dow Jones Select Dividend ETN (NYSEARCA:DVYL) declared a monthly dividend on Thursday, December 7th, Wall Street Journal reports. Stockholders of record on Wednesday, December 13th will be paid a dividend of 0.6246 per share on Thursday, December 21st. This represents a $7.50 dividend on an annualized basis and a dividend yield of 10.41%. The ex-dividend date is Tuesday, December 12th.

Shares of ETRACS Monthly Pay 2x Leveraged Dow Jones Select Dividend ETN (NYSEARCA:DVYL) traded up $0.37 on Thursday, hitting $71.97. The stock had a trading volume of 1,900 shares, compared to its average volume of 3,770. ETRACS Monthly Pay 2x Leveraged Dow Jones Select Dividend ETN has a one year low of $58.87 and a one year high of $74.40.

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