SmarterDividends
BDCX

ETRACS Quarterly Pay 1.5X Leveraged Wells Fargo BDC Index ETN

BDCX

Stock · quarterly payer

$17.38

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Forward Yield

21.97%

Annual Dividend

$3.82

Payout Ratio

—

5-Yr Growth

4.4%

Ex-Date

—

Frequency

Quarterly

Key facts about BDCX's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, ETRACS Quarterly Pay 1.5X Leveraged Wells Fargo BDC Index ETN (BDCX) has a forward dividend yield of 21.97%, based on an annual dividend of $3.82 per share and a share price of $17.38.
  • As of Oct 18, 2026, BDCX's dividend safety grade from SmarterDividends is D (45 out of 100), which rates the dividend as unsafe.
  • BDCX last cut its regular dividend in 2025.
  • BDCX's most recent ex-dividend date was Oct 13, 2026, for a dividend of $0.85 per share.
  • BDCX's dividend has grown at an average rate of 4.4% a year over the past five years.
  • As of Oct 18, 2026, BDCX's 21.97% yield is 47% above its five-year average yield of 14.93%.
  • ETRACS Quarterly Pay 1.5X Leveraged Wells Fargo BDC Index ETN (BDCX) pays its dividend quarterly, 4 times a year.
Cite this page

SmarterDividends, "BDCX Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/BDCX

Summary

As of Oct 18, 2026, ETRACS Quarterly Pay 1.5X Leveraged Wells Fargo BDC Index ETN (BDCX) yields 21.97% ($3.82 a year per share) and has a dividend safety grade of D (45/100).

Is BDCX a good dividend stock?

Mixed

ETRACS Quarterly Pay 1.5X Leveraged Wells Fargo BDC Index ETN (BDCX) pays a quarterly dividend yielding 21.97% ($3.82/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
    21.97%
    Payout Ratio
    —
    Annual Dividend
    $3.82
    5-Yr Avg Growth
    4.4%
    Ex-Dividend Date
    —
    Years of Growth
    0
    Frequency
    quarterly
    Beta
    —
    Market Cap
    —
    P/E Ratio
    —
    5-Yr Total Return
    -55%
    52-Week Range
    $17.12 – $26.78
    Dividend Safety
    D · 45/100
    Ever Cut?
    Yes (2025)

    BDCX dividend changes

    ETRACS Quarterly Pay 1.5X Leveraged Wells Fargo BDC Index ETN (BDCX) pays a variable dividend: across the 26 payments on record since 2020, 13 were higher than the one before and 9 lower. The latest change was down 27.6% to $0.848 per share, going ex-dividend on Oct 13, 2026.

    Ex-dateChangeOld → newMove
    Oct 13, 2026Lower$1.17 → $0.848−27.6%
    Jul 14, 2026Higher$1.03 → $1.17+13.7%
    Apr 13, 2026Higher$0.766 → $1.03+34.6%
    Jan 13, 2026Lower$1.12 → $0.766−31.6%
    Oct 10, 2025Higher$1.10 → $1.12+1.7%
    Jul 14, 2025Lower$1.56 → $1.10−29.2%
    Apr 11, 2025Higher$1.24 → $1.56+25.2%
    Jul 15, 2024Lower$1.28 → $1.25−2.3%
    Apr 11, 2024Higher$1.19 → $1.28+7.4%
    Jan 12, 2024Lower$1.25 → $1.19−4.6%
    Oct 12, 2023Higher$1.17 → $1.25+6.6%
    Jul 13, 2023Lower$1.21 → $1.17−3.2%
    Every BDCX payment →Download every raise and cut (CSV)
    BDCX ex-dividend date & scheduleNext ex-date — · full ex-dividend historyView →BDCX dividend historyEvery payment, totals by year, raises and cutsView →

    Frequently Asked Questions

    Is BDCX a good dividend stock?

    Mixed. ETRACS Quarterly Pay 1.5X Leveraged Wells Fargo BDC Index ETN (BDCX) pays a quarterly dividend yielding 21.97% ($3.82/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.

    Is BDCX's dividend safe?

    BDCX has a dividend-safety grade of D (45/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.

    Is BDCX a buy, hold, or sell?

    We don't issue formal ratings, but on the data BDCX screens as "mixed". ETRACS Quarterly Pay 1.5X Leveraged Wells Fargo BDC Index ETN (BDCX) pays a quarterly dividend yielding 21.97% ($3.82/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. This is research for your own analysis, not investment advice.

    Will BDCX cut its dividend?

    BDCX earns a dividend-safety grade of D (45/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does BDCX pay a dividend?

    Yes. ETRACS Quarterly Pay 1.5X Leveraged Wells Fargo BDC Index ETN pays a quarterly dividend of about $3.82 per share annually, a forward yield of roughly 21.97%.

    What is BDCX's dividend yield?

    As of Oct 18, 2026, BDCX's forward dividend yield is 21.97%, based on a $3.82 annual dividend and a $17.38 share price.

    What is BDCX's dividend per share?

    As of Oct 18, 2026, BDCX pays $3.82 per share per year, distributed on a quarterly basis.

    How many years has BDCX grown its dividend?

    BDCX does not currently have a long dividend-growth streak on record.

    When is the next BDCX ex-dividend date?

    As of Oct 18, 2026, BDCX's next ex-dividend date hasn't been announced. The most recent was Oct 13, 2026, for $0.85 per share.

    Income Calculator

    At $3.82 / yr per share

    Per payment (quarterly)$95.43
    Annual$381.70
    Monthly avg$31.81

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