ProShares Short QQQ (NYSEARCA:PSQ) to Issue Quarterly Dividend of $0.04

ProShares Short QQQ (NYSEARCA:PSQ) declared a quarterly dividend on Wednesday, March 25th, Wall Street Journal reports. Investors of record on Thursday, March 26th will be given a dividend of 0.0448 per share on Wednesday, April 1st. This represents a $0.18 dividend on an annualized basis and a dividend yield of 0.69%. The ex-dividend date of this dividend is Wednesday, March 25th.

Shares of PSQ traded down $0.92 during trading hours on Thursday, reaching $25.80. 560,247 shares of the stock traded hands, compared to its average volume of 7,296,303. The stock has a fifty day simple moving average of $24.72 and a 200 day simple moving average of $25.55. ProShares Short QQQ has a 52 week low of $21.98 and a 52 week high of $31.32.

About ProShares Short QQQ

ProShares Short QQQ is focused on daily investment results that correspond to the inverse (opposite) of the daily performance of the NASDAQ-100 Index. The NASDAQ-100 Index represents non-financial domestic and international issues listed on The NASDAQ Stock Market. The Fund takes positions in financial instruments (including derivatives) that in combination should have similar daily return characteristics as the inverse of the NASDAQ-100 Index.

See Also: Dividend Aristocrat Index

Dividend History for ProShares Short QQQ (NYSEARCA:PSQ)

Receive News & Ratings for ProShares Short QQQ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Short QQQ and related companies with MarketBeat.com's FREE daily email newsletter.