ProShares Ultra Dow30 (NYSEARCA:DDM) 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 0.124 per share on Wednesday, April 1st. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.61%. The ex-dividend date is Wednesday, March 25th.
Shares of NYSEARCA DDM traded up $2.83 during mid-day trading on Thursday, reaching $30.84. 195,199 shares of the company’s stock were exchanged, compared to its average volume of 863,469. ProShares Ultra Dow30 has a 52-week low of $21.05 and a 52-week high of $59.63. The company’s 50-day moving average is $46.01 and its 200-day moving average is $51.11.
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