SDYL Ex-Dividend Reminder - 10/9/13

Looking at the universe of stocks we cover at Dividend Channel, on 10/9/13, ETRACS Monthly Pay 2xLeveraged S&P Dividend ETN ( SDYL) will trade ex-dividend, for its monthly dividend of $0.1814, payable on 10/12/13. As a percentage of SDYL's recent stock price of $39.52, this dividend works out to approximately 0.46%.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for SDYL, showing historical dividends prior to the most recent $0.1814 declared by ETRACS Monthly Pay 2xLeveraged S&P Dividend ETN:

SDYL+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from SDYL is likely to continue, and whether the current estimated yield of 5.51% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SDYL shares, versus its 200 day moving average:

ETRACS Monthly Pay 2xLeveraged S&P Dividend ETN 200 Day Moving Average Chart

Looking at the chart above, SDYL's low point in its 52 week range is $26.50 per share, with $42.41 as the 52 week high point — that compares with a last trade of $39.52.

In Monday trading, ETRACS Monthly Pay 2xLeveraged S&P Dividend ETN shares are currently off about 0.6% on the day.
null