ProShares UltraPro Dow30 ETF Announces Quarterly Dividend of $0.09 (UDOW)

ProShares UltraPro Dow30 ETF (NYSEARCA:UDOW) announced a quarterly dividend on Tuesday, December 26th, Wall Street Journal reports. Shareholders of record on Wednesday, December 27th will be given a dividend of 0.0919 per share on Thursday, January 4th. This represents a $0.37 dividend on an annualized basis and a yield of 0.39%. The ex-dividend date is Tuesday, December 26th.

ProShares UltraPro Dow30 ETF (UDOW) traded up $0.30 during midday trading on Wednesday, reaching $94.60. 189,747 shares of the company’s stock were exchanged, compared to its average volume of 459,431. ProShares UltraPro Dow30 ETF has a 1 year low of $46.71 and a 1 year high of $95.97.

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About ProShares UltraPro Dow30 ETF

ProShares UltraPro Dow30 seeks daily investment results, before fees and expenses, that correspond to triple (300%) the daily performance of the Dow Jones Industrial Average Index. The Fund invests in equity securities and derivatives that have similar daily performance characteristics as three times (300%) the daily return of the Index.

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