ProShares Ultra Financials (NYSEARCA:UYG) to Issue $0.12 Quarterly Dividend

ProShares Ultra Financials (NYSEARCA:UYG) declared a quarterly dividend on Wednesday, March 25th, Wall Street Journal reports. Investors of record on Thursday, March 26th will be paid a dividend of 0.1164 per share on Wednesday, April 1st. This represents a $0.47 dividend on an annualized basis and a yield of 1.84%. The ex-dividend date of this dividend is Wednesday, March 25th.

UYG traded up $2.45 on Thursday, reaching $25.25. The company’s stock had a trading volume of 3,746 shares, compared to its average volume of 138,944. The business’s 50 day moving average is $43.26 and its 200 day moving average is $48.59. ProShares Ultra Financials has a 1 year low of $16.81 and a 1 year high of $57.92.

About ProShares Ultra Financials

ProShares Ultra Financials (the Fund) seeks daily investment results that correspond to twice the daily performance of the Dow Jones U.S. Financials Index. The Dow Jones U.S. Financials Index measures the performance of the financial services industry of the United States equity market. Component companies include regional banks; United States domiciled international banks; full line, life, and property and casualty insurance companies; companies that invest, directly or indirectly in real estate; diversified financial companies, such as credit card issuers, check cashing companies, mortgage lenders and investment advisers; securities brokers and dealers including investment banks, merchant banks and online brokers; and publicly traded stock exchanges.

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Dividend History for ProShares Ultra Financials (NYSEARCA:UYG)

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