ProShares UltraPro Short QQQ (NASDAQ:SQQQ) to Issue Quarterly Dividend of $0.07

ProShares UltraPro Short QQQ (NASDAQ:SQQQ) 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 0.0652 per share on Wednesday, April 1st. This represents a $0.26 annualized dividend and a dividend yield of 1.25%. The ex-dividend date of this dividend is Wednesday, March 25th.

ProShares UltraPro Short QQQ has decreased its dividend by an average of 3.7% per year over the last three years.

NASDAQ:SQQQ traded down $2.35 during mid-day trading on Thursday, hitting $20.81. The company had a trading volume of 3,081,452 shares, compared to its average volume of 47,501,926. The business has a fifty day simple moving average of $21.52 and a 200-day simple moving average of $25.10. ProShares UltraPro Short QQQ has a 1 year low of $15.89 and a 1 year high of $48.08.

ProShares UltraPro Short QQQ Company Profile

ProShares UltraPro Short QQQ (the Fund) seeks daily investment results, which corresponds to three times the inverse of the daily performance of the NASDAQ-100 Index (the Index). The Index includes 100 of the non-financial domestic and international issues listed on National Association of Securities Dealers Automated Quotation (NASDAQ) Stock Market.

See Also: Relative Strength Index

Dividend History for ProShares UltraPro Short QQQ (NASDAQ:SQQQ)

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