ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) to Issue $2.77 Dividend

Key Points

• ETRACS Gold Shares Covered Call ETN (GLDI) declared a dividend of $2.7697 per share, with shareholders of record on March 20 and payment scheduled for March 25 (ex-dividend date March 20).
• Shares traded up about 1.5% to $181.25 on the day (volume 18,099 vs. average 13,252); the ETN has a market cap of ~$126.9M, a P/E of 232.44, and a 52-week range of $155.24–$183.61.

ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI - Get Free Report) announced a dividend on Wednesday, March 4th, NASDAQ Dividends reports. Shareholders of record on Friday, March 20th will be paid a dividend of 2.7697 per share on Wednesday, March 25th. The ex-dividend date of this dividend is Friday, March 20th.

ETRACS Gold Shares Covered Call ETN Trading Up 1.5%

Shares of GLDI traded up $2.73 during midday trading on Friday, reaching $181.25. 18,099 shares of the stock were exchanged, compared to its average volume of 13,252. The company has a market capitalization of $126.88 million, a P/E ratio of 232.44 and a beta of 0.06. ETRACS Gold Shares Covered Call ETN has a 52 week low of $155.24 and a 52 week high of $183.61. The company's 50 day moving average is $178.41 and its two-hundred day moving average is $172.38.

ETRACS Gold Shares Covered Call ETN Company Profile

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. they also have concessions in john lewis stores nationwide and in david jones, australia.

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