ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B (NYSEARCA:SMHB) Plans $0.05 Monthly Dividend

ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B (NYSEARCA:SMHB) announced a monthly dividend on Friday, January 1st. Stockholders of record on Friday, June 12th will be paid a dividend of 0.048 per share on Tuesday, June 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 14.7%. The ex-dividend date of this dividend is Friday, June 12th.

ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B Trading Up 2.6%

Shares of NYSEARCA:SMHB opened at $3.93 on Wednesday. The stock has a 50-day simple moving average of $3.85 and a 200-day simple moving average of $3.97. ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B has a 1 year low of $3.36 and a 1 year high of $5.01.

About ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B

The ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B (SMHB) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks twice the monthly returns of a dividends-selected, liquidity-weighted index of US small-cap equities. SMHB was launched on Nov 8, 2018 and is issued by ETRACS.