ProShares Ultra S&P500 (NYSEARCA:SSO) announced a quarterly dividend on Wednesday, March 25th, Wall Street Journal reports. Stockholders of record on Thursday, March 26th will be paid a dividend of 0.1976 per share by the real estate investment trust on Wednesday, April 1st. This represents a $0.79 annualized dividend and a dividend yield of 0.90%. The ex-dividend date is Wednesday, March 25th.
Shares of SSO traded up $5.92 during mid-day trading on Thursday, hitting $88.08. 142,776 shares of the company’s stock were exchanged, compared to its average volume of 3,230,755. ProShares Ultra S&P500 has a fifty-two week low of $64.83 and a fifty-two week high of $166.50. The business’s 50 day moving average is $128.81 and its two-hundred day moving average is $137.80.
About ProShares Ultra S&P500
ProShares Ultra S&P500 (the Fund), formerly Ultra S&P500 ProShares, seeks daily investment results that correspond to twice (200%) the daily performance of the S&P 500 Index. The S&P 500 Index is a measure of large-cap United States stock market performance. It is a float-adjusted market capitalization weighted index of 500 United States operating companies and real estate investment trusts (REITs) selected by the S&P U.S.
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