ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B (MRRL) Plans $0.07 Monthly Dividend

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ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B (NYSEARCA:MRRL) declared a monthly dividend on Friday, December 7th, Wall Street Journal reports. Stockholders of record on Friday, December 14th will be paid a dividend of 0.066 per share on Monday, December 24th. This represents a $0.79 dividend on an annualized basis and a dividend yield of 5.40%. The ex-dividend date is Thursday, December 13th.

Shares of NYSEARCA:MRRL opened at $14.66 on Friday. ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B has a one year low of $11.51 and a one year high of $17.99.

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Further Reading: Compound Interest and Why It Matters When Investing

Dividend History for ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B (NYSEARCA:MRRL)

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