ETRACS Monthly Pay 2xLeveraged MSCI US REIT Index ETN due May 5, 2045 (LRET) Declares Dividend Increase – $0.33 Per Share

ETRACS Monthly Pay 2xLeveraged MSCI US REIT Index ETN due May 5, 2045 (NYSEARCA:LRET) announced a monthly dividend on Monday, January 8th, Wall Street Journal reports. Shareholders of record on Tuesday, January 16th will be given a dividend of 0.331 per share on Wednesday, January 24th. This represents a $3.97 dividend on an annualized basis and a yield of 15.69%. The ex-dividend date of this dividend is Friday, January 12th. This is a boost from ETRACS Monthly Pay 2xLeveraged MSCI US REIT Index ETN due May 5, 2045’s previous monthly dividend of $0.14.

Shares of ETRACS Monthly Pay 2xLeveraged MSCI US REIT Index ETN due May 5, 2045 (NYSEARCA LRET) opened at $25.31 on Tuesday. ETRACS Monthly Pay 2xLeveraged MSCI US REIT Index ETN due May 5, 2045 has a 12-month low of $23.68 and a 12-month high of $27.92.

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