ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B (NYSEARCA:MRRL) declared a monthly dividend on Thursday, December 7th, Wall Street Journal reports. Shareholders of record on Wednesday, December 13th will be paid a dividend of 0.0387 per share on Thursday, December 21st. This represents a $0.46 dividend on an annualized basis and a dividend yield of 2.69%. The ex-dividend date of this dividend is Tuesday, December 12th.

Shares of ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B (NYSEARCA:MRRL) traded up $0.04 during midday trading on Thursday, hitting $17.25. 5,500 shares of the company’s stock were exchanged, compared to its average volume of 6,968. ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B has a one year low of $14.58 and a one year high of $19.50.

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