ETRACS Crude Oil Shares Covered Call ETN (NASDAQ:USOI) to Issue $0.58 Monthly Dividend

Key Points

• ETRACS Crude Oil Shares Covered Call ETN (NASDAQ:USOI) declared a monthly dividend of $0.58 per share, payable on September 25th to stockholders of record as of September 22nd.
• The announced dividend yields an impressive 13.5%, highlighting the potential for attractive income for investors.
• As of the announcement, USOI shares were trading at $51.55, with a 1-year range between $50.05 and $68.82.

ETRACS Crude Oil Shares Covered Call ETN (NASDAQ:USOI - Get Free Report) announced a monthly dividend on Friday, January 1st. Investors of record on Monday, September 22nd will be paid a dividend of 0.5806 per share on Thursday, September 25th. This represents a c) dividend on an annualized basis and a dividend yield of 13.7%. The ex-dividend date of this dividend is Monday, September 22nd.

ETRACS Crude Oil Shares Covered Call ETN Stock Down 1.5%

ETRACS Crude Oil Shares Covered Call ETN stock traded down $0.78 during midday trading on Monday, reaching $50.77. The stock had a trading volume of 42,206 shares, compared to its average volume of 64,898. ETRACS Crude Oil Shares Covered Call ETN has a 1-year low of $50.05 and a 1-year high of $68.82. The firm's fifty day simple moving average is $52.30 and its 200-day simple moving average is $54.54.

Institutional Inflows and Outflows

An institutional investor recently raised its position in ETRACS Crude Oil Shares Covered Call ETN stock. OLD Mission Capital LLC grew its position in ETRACS Crude Oil Shares Covered Call ETN (NASDAQ:USOI - Free Report) by 75.8% in the first quarter, according to its most recent filing with the SEC. The fund owned 28,761 shares of the company's stock after acquiring an additional 12,400 shares during the period. OLD Mission Capital LLC owned 0.54% of ETRACS Crude Oil Shares Covered Call ETN worth $1,764,000 as of its most recent filing with the SEC.

About ETRACS Crude Oil Shares Covered Call ETN

agora temos um novo jeito de nos comunicar com você: o linkedin. tudo para facilitar a sua vida e trazer mais comodidade e facilidade para o seu dia a dia. prático, moderno, digital. o banese é do seu jeito! fale com a gente através dos nossos canais de atendimento e acompanhe nossas redes sociais. facebook ---> www.facebook.com/banese/ instagram ---> www.instagram.com/banese/ youtube ---> www.youtube.com/user/bancobanese site ---> http://www.banese.com.br/ alô banese ---> 0800 284 3218 ou 3218 2020.