ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) Dividend Announcement
ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) has declared a dividend of $1.34 per share, scheduled to be paid on August 26th to shareholders recorded by August 20th.
Recent Stock Performance
On Thursday, the stock experienced a modest increase of 0.5%, closing at $161.34. The company's market capitalization stands at approximately $113 million, with a price-to-earnings ratio of 206.91 and a beta of 0.10.
Dividend Details and Trading Activity
The ex-dividend date is set for August 20th, with eligible investors receiving the dividend on the 26th. During trading, about 5,958 shares of NASDAQ:GLDI changed hands, below its average volume of 7,478 shares. Over the past year, the stock's price fluctuated between a low of $149.04 and a high of $166.79.
Investor Outlook
ETRACS Gold Shares Covered Call ETN continues to attract investor attention with its strategic dividend payouts and stable trading activity, reflecting its position within the gold investment sector. The company's consistent performance and dividend distribution make it a notable option for invest...