ETRACS Quarterly Pay 1.5X Leveraged Wells Fargo BDC Index ETN
BDCXStock · quarterly payer
$20.41
Add to PortfolioForward Yield
19.69%
Annual Dividend
$4.02
Payout Ratio
—
5-Yr Growth
3.4%
Ex-Date
—
Frequency
Quarterly
BDCX Dividend Safety Score
44/ 100
Grade D
Risky
Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2025
Yield vs its historyYield is 1.3× its 5-yr average — elevated
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is BDCX a good dividend stock?
MixedETRACS Quarterly Pay 1.5X Leveraged Wells Fargo BDC Index ETN (BDCX) pays a quarterly dividend yielding 19.69% ($4.02/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2025
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- 19.69%
- Payout Ratio
- —
- Annual Dividend
- $4.02
- 5-Yr Avg Growth
- 3.4%
- Ex-Dividend Date
- —
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- —
- Market Cap
- —
- P/E Ratio
- —
- 5-Yr Total Return
- -48%
- 52-Week Range
- $17.90 – $32.41
- Dividend Safety
- D · 44/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Apr 13, 2026 | — | $1.0310 | regular |
| Jan 13, 2026 | — | $0.7660 | regular |
| Oct 10, 2025 | — | $1.1200 | regular |
| Jul 14, 2025 | — | $1.1010 | regular |
| Apr 11, 2025 | — | $1.5560 | regular |
| Jan 13, 2025 | — | $0.8980 | regular |
| Oct 11, 2024 | — | $1.2430 | regular |
| Jul 15, 2024 | — | $1.2500 | regular |
| Apr 11, 2024 | — | $1.2790 | regular |
| Jan 12, 2024 | — | $1.1910 | regular |
| Oct 12, 2023 | — | $1.2480 | regular |
| Jul 13, 2023 | — | $1.1710 | regular |
| Apr 12, 2023 | — | $1.2100 | regular |
| Jan 12, 2023 | — | $1.1870 | regular |
Income Calculator
At $4.02 / yr per share
Per payment (quarterly)$100.45
Annual$401.80
Monthly avg$33.48
