ETRACS Crude Oil Shares Covered Call ETN (NASDAQ:USOI) Increases Dividend to $0.75 Per Share

Key Points

• ETRACS Crude Oil Shares Covered Call ETN (NASDAQ:USOI) announced a monthly dividend increase from $0.58 to $0.75 per share, reflecting a significant 29.2% rise.
• The annualized dividend yield is now at 18.9%, with the ex-dividend date set for October 22nd.
• As of the latest trading session, USOI stock opened at $47.71, with a one-year high of $68.01 and a low of $47.42.

ETRACS Crude Oil Shares Covered Call ETN (NASDAQ:USOI - Get Free Report) declared a monthly dividend on Friday, January 1st. Stockholders of record on Wednesday, October 22nd will be given a dividend of 0.7501 per share on Monday, October 27th. This represents a c) dividend on an annualized basis and a dividend yield of 18.9%. The ex-dividend date is Wednesday, October 22nd. This is a 29.2% increase from ETRACS Crude Oil Shares Covered Call ETN's previous monthly dividend of $0.58.

ETRACS Crude Oil Shares Covered Call ETN Stock Up 0.1%

USOI opened at $47.71 on Monday. The stock's 50 day moving average price is $50.98 and its 200-day moving average price is $53.28. ETRACS Crude Oil Shares Covered Call ETN has a one year low of $47.42 and a one year high of $68.01.

ETRACS Crude Oil Shares Covered Call ETN Company Profile

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