UBS ETRACS Mthly Py 2xLvg Mortg REIT ETN (NYSEARCA:MORL) announced a monthly dividend on Thursday, December 7th, Wall Street Journal reports. Investors of record on Wednesday, December 13th will be given a dividend of 0.0387 per share by the exchange traded fund on Thursday, December 21st. This represents a $0.46 annualized dividend and a dividend yield of 2.68%. The ex-dividend date is Tuesday, December 12th.

Shares of UBS ETRACS Mthly Py 2xLvg Mortg REIT ETN (NYSEARCA:MORL) traded up $0.11 during trading on Thursday, reaching $17.30. The company had a trading volume of 88,000 shares, compared to its average volume of 260,760. UBS ETRACS Mthly Py 2xLvg Mortg REIT ETN has a 52 week low of $14.35 and a 52 week high of $19.50.

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