ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (NYSEARCA:MVRL) Plans Dividend of $0.14

Posted by Carolyn Dwyer on Nov 10th, 2024

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (NYSEARCA:MVRL – Get Free Report) announced a dividend on Thursday, November 7th,NASDAQ Dividends reports. Shareholders of record on Tuesday, November 12th will be given a dividend of 0.1426 per share on Wednesday, November 20th. The ex-dividend date of this dividend is Tuesday, November 12th.

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN Stock Performance

MVRL stock opened at $17.31 on Friday. The company’s 50 day moving average is $17.73 and its 200 day moving average is $17.46. ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN has a 1-year low of $15.30 and a 1-year high of $20.55.

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN Company Profile

(Get Free Report)

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.