ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN (PFFL) to Issue Dividend of $0.10 on January 22nd

ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN (NYSEARCA:PFFL) declared a dividend on Wednesday, January 8th,NASDAQ Dividends reports. Shareholders of record on Monday, January 13th will be given 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 Stock Performance

ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN stock 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 firm’s fifty day moving average price is $9.73 and its 200-day moving average price is $9.97.

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.