ProShares UltraShort Communication Services Select Sector (NYSEARCA:YCOM) Announces Quarterly Dividend of $0.05

ProShares UltraShort Communication Services Select Sector (NYSEARCA:YCOM) announced a quarterly dividend on Wednesday, March 25th, Wall Street Journal reports. Shareholders of record on Thursday, March 26th will be paid a dividend of 0.0537 per share on Wednesday, April 1st. This represents a $0.21 annualized dividend and a yield of 0.61%. The ex-dividend date of this dividend is Wednesday, March 25th. This is an increase from ProShares UltraShort Communication Services Select Sector’s previous quarterly dividend of $0.05.

ProShares UltraShort Communication Services Select Sector stock remained flat at $$35.47 during trading hours on Thursday. ProShares UltraShort Communication Services Select Sector has a 1 year low of $22.48 and a 1 year high of $42.43. The firm has a fifty day moving average of $28.70 and a 200-day moving average of $28.05.

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