ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) to Issue Monthly Dividend of $2.65

ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) announced a monthly dividend on Thursday, November 5th. Shareholders of record on Friday, November 20th will be given a dividend of $2.6477 per share on Wednesday, November 25th. This represents a $31.77 annualized dividend and a yield of 23.1%. The ex-dividend date of this dividend is Friday, November 20th. This is a 33.4% increase from ETRACS Gold Shares Covered Call ETN’s previous monthly dividend of $1.9854.

ETRACS Gold Shares Covered Call ETN Price Performance

GLDI stock traded down $1.03 during trading on Friday, hitting $137.50. 32,538 shares of the company traded hands, compared to its average volume of 54,330. The stock’s 50-day simple moving average is $142.46 and its 200 day simple moving average is $156.84. ETRACS Gold Shares Covered Call ETN has a 1 year low of $131.31 and a 1 year high of $183.61. The company has a market cap of $137.50 million, a PE ratio of 176.34 and a beta of 0.15.

About ETRACS Gold Shares Covered Call ETN

luxury british cocoa grower and chocolatier, hotel chocolat, was founded in 2004 to make exciting chocolate with three guiding principles – authenticity, originality and ethics – which remain central to the brand’s success today. with its rabot estate cocoa plantation in saint lucia, a chocolate manufacturing facility in cambridgeshire and stores across the uk and internationally, hotel chocolat occupies a unique space – being able to link all aspects of chocolate from the tree to the consumer. they also have concessions in john lewis stores nationwide and in david jones, australia.