ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B (SMHB) to Issue Monthly Dividend of $0.05 on September 22nd

ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B (NYSEARCA:SMHB) declared a monthly dividend on Wednesday, September 2nd. Investors of record on Monday, September 14th will be paid a dividend of 0.0467 per share on Tuesday, September 22nd. This represents a c) annualized dividend and a yield of 14.2%. The ex-dividend date of this dividend is Monday, September 14th. This is a 50.2% increase from ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B’s previous monthly dividend of $0.03.

ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B Trading Up 1.8%

Shares of ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B stock opened at $3.96 on Friday. ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B has a 52 week low of $3.36 and a 52 week high of $4.92. The company’s 50-day moving average price is $4.14 and its two-hundred day moving average price is $3.95.

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.