ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN (NYSEARCA:PFFL) to Issue $0.10 Dividend

ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN (NYSEARCA:PFFL) announced a dividend on Wednesday, January 8th,NASDAQ Dividends reports. Shareholders of record on Monday, January 13th will be given a dividend of 0.10 per share on Wednesday, January 22nd. The ex-dividend date of this dividend is Monday, January 13th.

ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN Price Performance

Shares of PFFL stock traded down $0.08 on Wednesday, hitting $9.18. The stock had a trading volume of 950 shares, compared to its average volume of 2,710. ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN has a twelve month low of $8.92 and a twelve month high of $11.65. The company has a fifty day moving average price of $9.77 and a two-hundred day moving average price of $9.98.

About ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN

The ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN (PFFL) is an exchange-traded fund that is based on the Solactive Preferred Stock ETF index. The fund tracks twice the monthly returns of a market-value-selected and -weighted index of preferred securities from various issuers. PFFL was launched on Sep 25, 2018 and is issued by ETRACS.