ProShares UltraShort Financials (NYSEARCA:SKF) announced a quarterly dividend on Wednesday, March 25th, Wall Street Journal reports. Stockholders of record on Thursday, March 26th will be given a dividend of 0.0084 per share on Wednesday, April 1st. This represents a $0.03 dividend on an annualized basis and a dividend yield of 0.17%. The ex-dividend date of this dividend is Wednesday, March 25th.
ProShares UltraShort Financials stock traded down $1.71 during trading hours on Thursday, hitting $19.30. The company had a trading volume of 8,462 shares, compared to its average volume of 150,295. The firm’s fifty day moving average is $17.03 and its 200-day moving average is $15.34. ProShares UltraShort Financials has a fifty-two week low of $12.64 and a fifty-two week high of $30.35.
About ProShares UltraShort Financials
ProShares UltraShort Financials (the Fund) seeks daily investment results that correspond to twice the inverse daily performance of the Dow Jones U.S. Financials Index (the Index). The 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 Federal National Mortgage Association, credit card issuers and investment advisers; securities brokers and dealers, including investment banks, merchant banks and online brokers, and publicly traded stock exchanges.
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