ETRACS MarketVector Business Development Companies Liquid Index ETN (NYSEARCA:BDCZ) Raises Dividend to $0.53 Per Share

ETRACS MarketVector Business Development Companies Liquid Index ETN (NYSEARCA:BDCZ) announced a quarterly dividend on Friday, January 1st. Stockholders of record on Tuesday, July 14th will be given a dividend of 0.5323 per share on Wednesday, July 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 14.2%. The ex-dividend date is Tuesday, July 14th. This is a 17.6% increase from ETRACS MarketVector Business Development Companies Liquid Index ETN’s previous quarterly dividend of $0.45.

ETRACS MarketVector Business Development Companies Liquid Index ETN Stock Up 0.7%

Shares of BDCZ stock traded up $0.10 on Friday, hitting $14.99. 631 shares of the stock were exchanged, compared to its average volume of 1,250. ETRACS MarketVector Business Development Companies Liquid Index ETN has a fifty-two week low of $12.92 and a fifty-two week high of $19.60. The business has a 50-day moving average of $14.98 and a 200 day moving average of $15.48.

ETRACS MarketVector Business Development Companies Liquid Index ETN Company Profile

The ETRACS MarketVector Business Development Companies Liquid Index ETN (BDCZ) is an exchange-traded fund that mostly invests in financials equity. The fund tracks an index of at least 25 companies invested in the initial growth stages of small firms. BDCZ was launched on Oct 8, 2015 and is issued by ETRACS.