Looking at the universe of stocks we cover at Dividend Channel, on 10/9/13, ETRACS 2x Monthly Leveraged Long Alerian MLP Infrastructure ETN (MLPL) will trade ex-dividend, for its quarterly dividend of $1.3657, payable on 10/12/13. As a percentage of MLPL's recent stock price of $53.05, this dividend works out to approximately 2.57%, so look for shares of ETRACS 2x Monthly Leveraged Long Alerian MLP Infrastructure ETN to trade 2.57% lower — all else being equal — when MLPL shares open for trading on 10/9/13.
MLPL Ex-Dividend Reminder - 10/9/13
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