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. Investors of record on Monday, January 13th will be paid a dividend of 0.10 per share on Wednesday, January 22nd. The ex-dividend date is Monday, January 13th.

ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN Price Performance

NYSEARCA:PFFL opened at $8.93 on Friday. ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN has a fifty-two week low of $8.92 and a fifty-two week high of $11.65. The business has a 50 day moving average price of $9.73 and a 200-day moving average price of $9.97.

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.