ProShares Ultra Industrials (NYSEARCA:UXI) 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 0.1795 per share on Wednesday, April 1st. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.57%. The ex-dividend date is Wednesday, March 25th. This is a boost from ProShares Ultra Industrials’s previous quarterly dividend of $0.11.
Shares of UXI stock traded up $4.09 on Thursday, reaching $45.70. The company’s stock had a trading volume of 5,733 shares, compared to its average volume of 3,176. The stock’s fifty day simple moving average is $71.58 and its 200-day simple moving average is $80.71. ProShares Ultra Industrials has a 1 year low of $30.64 and a 1 year high of $93.73.
About ProShares Ultra Industrials
ProShares Ultra Industrials (the Fund) seeks daily investment results that correspond to twice the daily performance of the Dow Jones United States Industrials Index. The Dow Jones United States Industrials Index measures the performance of the industrial industry of the United States equity market. Component companies include building materials, heavy construction, factory equipment, heavy machinery, industrial services, pollution control, containers and packaging, industrial diversified, air freight, marine transportation, railroads, trucking, land-transportation equipment, shipbuilding, transportation services, advanced industrial equipment, electric components and equipment, and aerospace.
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