SmarterDividends
BDCZ

UBS ETRACS Wells Fargo Business Development Company Index ETN

BDCZ

Stock · quarterly payer

Forward 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?

Mixed

UBS 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)
    BDCZ ex-dividend date & scheduleNext ex-date · full ex-dividend historyView →

    Frequently Asked Questions

    Income Calculator

    At $1.66 / yr per share

    Per payment (quarterly)$41.58
    Annual$166.30
    Monthly avg$13.86