ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN (NYSEARCA:PFFL) Raises Dividend to $0.15 Per Share

ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN (NYSEARCA:PFFL) declared a dividend on Saturday, December 7th,NASDAQ Dividends reports. Stockholders of record on Friday, December 13th will be paid a dividend of 0.1495 per share on Monday, December 23rd. The ex-dividend date is Friday, December 13th. This is a positive change from ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN’s previous dividend of $0.11.

ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN Trading Down 0.3 %

NYSEARCA:PFFL opened at $9.97 on Friday. The business’s 50-day moving average is $10.28 and its 200 day moving average is $10.02. ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN has a 12 month low of $9.10 and a 12 month high of $11.65.

ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN Company Profile

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.