ETRACS MarketVector Business Development Companies Liquid Index ETN (NYSEARCA:BDCZ) to Issue Quarterly Dividend of $0.32

ETRACS MarketVector Business Development Companies Liquid Index ETN (NYSEARCA:BDCZ) announced a quarterly dividend on Friday, January 1st. Shareholders of record on Tuesday, January 13th will be given a dividend of 0.3198 per share on Thursday, January 22nd. This represents a c) dividend on an annualized basis and a yield of 7.5%. The ex-dividend date of this dividend is Tuesday, January 13th.

ETRACS MarketVector Business Development Companies Liquid Index ETN Price Performance

Shares of NYSEARCA:BDCZ opened at $17.04 on Friday. The firm has a fifty day moving average of $16.69 and a two-hundred day moving average of $17.42. ETRACS MarketVector Business Development Companies Liquid Index ETN has a 12-month low of $15.11 and a 12-month high of $20.42.

About ETRACS MarketVector Business Development Companies Liquid Index ETN

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.