ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN to Issue Dividend of $0.14 (NYSEARCA:MVRL)

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (NYSEARCA:MVRLGet Free Report) declared a dividend on Thursday, November 7th,NASDAQ Dividends reports. Investors of record on Tuesday, November 12th will be given a dividend of 0.1426 per share on Wednesday, November 20th. The ex-dividend date of this dividend is Tuesday, November 12th.

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN Price Performance

MVRL opened at $16.81 on Friday. The business’s fifty day simple moving average is $17.78 and its 200 day simple moving average is $17.45. ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN has a 52 week low of $15.30 and a 52 week high of $20.55.

About ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN

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The ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN (MVRL) is an exchange-traded fund that is based on the MVIS US Mortgage REITs index. The fund provides 1.5x leveraged exposure to a market-cap weighted index of mortgage REITs. Leverage is reset quarterly. MVRL was launched on Jun 2, 2020 and is issued by ETRACS.

Further Reading

Dividend History for ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (NYSEARCA:MVRL)

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