ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN Announces Dividend of $0.05 (NYSEARCA:PFFL)

ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN (NYSEARCA:PFFL) announced a dividend on Thursday, May 9th, NASDAQ reports. Investors of record on Monday, May 13th will be given a dividend of 0.0481 per share on Tuesday, May 21st. The ex-dividend date of this dividend is Friday, May 10th.

ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN Stock Performance

NYSEARCA:PFFL traded down $0.19 on Thursday, hitting $9.61. 5,596 shares of the stock were exchanged, compared to its average volume of 4,478. ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN has a fifty-two week low of $7.86 and a fifty-two week high of $10.99. The stock has a fifty day moving average of $9.99 and a 200-day moving average of $9.76.

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.