ProShares Inflation Expectations ETF (NYSEARCA:RINF) to Issue Quarterly Dividend of $0.04

ProShares Inflation Expectations ETF (NYSEARCA:RINF) declared a quarterly dividend on Wednesday, March 25th, Wall Street Journal reports. Stockholders of record on Thursday, March 26th will be given a dividend of 0.0368 per share on Wednesday, April 1st. This represents a $0.15 annualized dividend and a dividend yield of 0.59%. The ex-dividend date of this dividend is Wednesday, March 25th.

Shares of NYSEARCA:RINF traded up $0.81 on Thursday, hitting $25.08. 200 shares of the company’s stock were exchanged, compared to its average volume of 13,458. The firm’s 50-day moving average is $24.94 and its 200 day moving average is $25.93. ProShares Inflation Expectations ETF has a 1-year low of $20.77 and a 1-year high of $28.28.

Further Reading: Cost of Debt

Dividend History for ProShares Inflation Expectations ETF (NYSEARCA:RINF)

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