Looking at the universe of stocks we cover at Dividend Channel, on 8/8/13, ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN (MORL) will trade ex-dividend, for its monthly dividend of $0.1062, payable on 8/20/13. As a percentage of MORL's recent stock price of $19.34, this dividend works out to approximately 0.55%, so look for shares of ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN to trade 0.55% lower — all else being equal — when MORL shares open for trading on 8/8/13.
Cash Dividend On The Way From ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN (MORL)
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