SmarterDividends
HDLB

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN (HDLB) Dividend

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN · monthly payer

$17.70

Undervalued · +124% Add to Portfolio

As of Nov 5, 2026, ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN (HDLB) pays a monthly dividend, or $1.82 a year, a 10.27% yield at its $17.70 share price. It pays every month. It has a dividend safety grade of C.

Forward Yield

10.27%

Annual Dividend

$1.82

Payout Ratio

—

5-Yr Growth

5.1%

Ex-Date

—

Frequency

Monthly

Key facts about HDLB's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN (HDLB) has a forward dividend yield of 10.27%, based on an annual dividend of $1.82 per share and a share price of $17.70.
  • As of Nov 5, 2026, HDLB's dividend safety grade from SmarterDividends is C (59 out of 100), which rates the dividend as borderline.
  • HDLB last cut its regular dividend in 2024.
  • HDLB's most recent ex-dividend date was Oct 13, 2026, for a dividend of $0.21 per share.
  • HDLB's dividend has grown at an average rate of 5.1% a year over the past five years.
  • As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for HDLB is $39.73 per share, 124% above the $17.70 share price, so HDLB screens as undervalued.
  • ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN (HDLB) pays its dividend monthly, 12 times a year.
Cite this page

SmarterDividends, "HDLB Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/HDLB

Is HDLB a good dividend stock?

Yes, with caveats

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN (HDLB) pays a monthly dividend yielding 10.27% ($1.82/yr), with 1 year of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Strong 5.1% 5-yr dividend growth

Risks

  • Cut its dividend in 2024
  • Very high yield can signal elevated risk

Key Data

Dividend Yield
10.27%
Payout Ratio
—
Annual Dividend
$1.82
5-Yr Avg Growth
5.1%
Ex-Dividend Date
—
Years of Growth
1
Frequency
monthly
Beta
—
Market Cap
—
P/E Ratio
—
5-Yr Total Return
13%
52-Week Range
$14.23 – $19.44
Dividend Safety
C · 59/100
Ever Cut?
Yes (2024)

HDLB dividend changes

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN (HDLB) pays a variable dividend: across the 84 payments on record since 2019, 39 were higher than the one before and 17 lower. The latest change was up 1.0% to $0.210 per share, going ex-dividend on Oct 13, 2026.

Ex-dateChangeOld → newMove
Oct 13, 2026Higher$0.208 → $0.210+1.0%
Aug 12, 2026Higher$0.204 → $0.208+2.0%
Jul 14, 2026Higher$0.0760 → $0.204+168.4%
Jun 12, 2026Lower$0.214 → $0.0760−64.5%
May 13, 2026Higher$0.174 → $0.214+23.0%
Apr 13, 2026Higher$0.0830 → $0.174+109.6%
Mar 13, 2026Lower$0.182 → $0.0830−54.4%
Feb 12, 2026Higher$0.175 → $0.182+4.0%
Dec 12, 2025Higher$0.122 → $0.175+43.4%
Nov 12, 2025Lower$0.188 → $0.122−35.1%
Oct 10, 2025Higher$0.133 → $0.188+41.4%
Aug 12, 2025Lower$0.173 → $0.133−23.1%
Every HDLB payment →Download every raise and cut (CSV)
HDLB ex-dividend date & scheduleNext ex-date — · full ex-dividend historyView →HDLB dividend historyEvery payment, totals by year, raises and cutsView →HDLB dividend calculator100 shares pay $181.70 a year, $15.14 each monthCalculate →HDLB total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is HDLB a good dividend stock?

Yes, with caveats. ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN (HDLB) pays a monthly dividend yielding 10.27% ($1.82/yr), with 1 year of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Is HDLB undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, HDLB's fair value is about $39.73 versus a $17.70 share price — so it looks undervalued (+124% vs. fair value).

Is HDLB's dividend safe?

HDLB has a dividend-safety grade of C (59/100), based on its payout coverage, free-cash-flow, 1-year growth streak, a dividend cut in 2024, debt and yield-versus-history.

What is HDLB's fair value?

Our blended fair-value estimate for HDLB is about $39.73 per share, roughly 124% above the current $17.70 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is HDLB a buy, hold, or sell?

We don't issue formal ratings, but on the data HDLB screens as "yes, with caveats" and undervalued. ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN (HDLB) pays a monthly dividend yielding 10.27% ($1.82/yr), with 1 year of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will HDLB cut its dividend?

HDLB earns a dividend-safety grade of C (59/100), and has cut its dividend before (last in 2024). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does HDLB pay a dividend?

Yes. ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN pays a monthly dividend of about $1.82 per share annually, a forward yield of roughly 10.27%.

How much dividend does 100 shares of HDLB pay?

At $1.82 per share a year, 100 shares of HDLB pay $181.70 a year in dividends before tax, about $15.14 each month. Buying them costs about $1,770 at the Nov 5, 2026 price.

What is HDLB's dividend yield?

As of Nov 5, 2026, HDLB's forward dividend yield is 10.27%, based on a $1.82 annual dividend and a $17.70 share price.

What is HDLB's dividend per share?

As of Nov 5, 2026, HDLB pays $1.82 per share per year, distributed on a monthly basis.

How many years has HDLB grown its dividend?

As of Nov 5, 2026, HDLB has increased its dividend for 1 consecutive years.

When is the next HDLB ex-dividend date?

As of Nov 5, 2026, HDLB's next ex-dividend date hasn't been announced. The most recent was Oct 13, 2026, for $0.21 per share.

Income Calculator

At $1.82 / yr per share

Per payment (monthly)$15.14
Annual$181.70
Monthly avg$15.14
Full HDLB dividend calculator →

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