ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) to Issue Dividend Increase - $2.89 Per Share

ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI - Get Free Report) declared a monthly dividend on Wednesday, June 4th, NASDAQ Dividends reports. Stockholders of record on Friday, June 20th will be given a dividend of 2.8878 per share on Wednesday, June 25th. This represents a $34.65 annualized dividend and a dividend yield of 21.57%. The ex-dividend date is Friday, June 20th. This is a 0.7% increase from ETRACS Gold Shares Covered Call ETN's previous monthly dividend of $2.87.

ETRACS Gold Shares Covered Call ETN Stock Performance

Shares of ETRACS Gold Shares Covered Call ETN stock traded down $2.38 on Friday, hitting $160.62. The stock had a trading volume of 10,635 shares, compared to its average volume of 4,380. The stock has a 50 day moving average of $162.15 and a 200 day moving average of $159.10. ETRACS Gold Shares Covered Call ETN has a twelve month low of $145.80 and a twelve month high of $166.79. The firm has a market capitalization of $112.43 million, a P/E ratio of 205.98 and a beta of 0.10.

About ETRACS Gold Shares Covered Call ETN

luxury british cocoa grower and chocolatier, hotel chocolat, was founded in 2004 to make exciting chocolate with three guiding principles – authenticity, originality and ethics – which remain central to the brand's success today. with its rabot estate cocoa plantation in saint lucia, a chocolate manufacturing facility in cambridgeshire and stores across the uk and internationally, hotel chocolat occupies a unique space – being able to link all aspects of chocolate from the tree to the consumer.