
UBS ETRACS Wells Fargo Business Development Company Index ETN
BDCZStock · quarterly payer
$15.02
Add to PortfolioForward Yield
11.07%
Annual Dividend
$1.66
Payout Ratio
—
5-Yr Growth
1.9%
Ex-Date
—
Frequency
Quarterly
BDCZ Dividend Safety Score
55/ 100
Grade C
Borderline
Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2021
Yield vs its historyYield in line with its history
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 BDCZ a good dividend stock?
MixedUBS ETRACS Wells Fargo Business Development Company Index ETN (BDCZ) pays a quarterly dividend yielding 11.07% ($1.66/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2021
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 11.07%
- Payout Ratio
- —
- Annual Dividend
- $1.66
- 5-Yr Avg Growth
- 1.9%
- Ex-Dividend Date
- —
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- —
- Market Cap
- —
- P/E Ratio
- —
- 5-Yr Total Return
- -24%
- 52-Week Range
- $13.85 – $19.60
- Dividend Safety
- C · 55/100
- Ever Cut?
- Yes (2021)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Apr 13, 2026 | — | $0.4530 | regular |
| Jan 13, 2026 | — | $0.3200 | regular |
| Oct 10, 2025 | — | $0.4460 | regular |
| Jul 14, 2025 | — | $0.4440 | regular |
| Apr 11, 2025 | — | $0.5810 | regular |
| Jan 13, 2025 | — | $0.3230 | regular |
| Oct 11, 2024 | — | $0.4500 | regular |
| Jul 15, 2024 | — | $0.4460 | regular |
| Apr 11, 2024 | — | $0.4600 | regular |
| Jan 12, 2024 | — | $0.4400 | regular |
| Oct 12, 2023 | — | $0.4440 | regular |
| Jul 13, 2023 | — | $0.4290 | regular |
| Apr 12, 2023 | — | $0.4320 | regular |
| Jan 12, 2023 | — | $0.4270 | regular |
Income Calculator
At $1.66 / yr per share
Per payment (quarterly)$41.58
Annual$166.30
Monthly avg$13.86




