ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (NYSEARCA:MVRL) to Issue Dividend of $0.51

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (NYSEARCA:MVRLGet Free Report) announced a dividend on Friday, February 7th,NASDAQ Dividends reports. Shareholders of record on Wednesday, February 12th will be paid a dividend of 0.508 per share on Friday, February 21st. The ex-dividend date of this dividend is Wednesday, February 12th. This is a boost from ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN’s previous dividend of $0.09.

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN Trading Up 0.3 %

NYSEARCA:MVRL opened at $17.41 on Friday. The firm’s fifty day moving average price is $16.34 and its two-hundred day moving average price is $17.12. ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN has a one year low of $14.84 and a one year high of $19.21.

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.

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

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