ProShares UltraShort DJ-UBS Commodity (CMD) to Issue Dividend of $0.10 on January 31st

ProShares UltraShort DJ-UBS Commodity (NYSEARCA:CMD) announced a dividend on Wednesday, December 19th, NASDAQ reports. Shareholders of record on Thursday, January 17th will be given a dividend of 0.10 per share by the medical instruments supplier on Thursday, January 31st. The ex-dividend date of this dividend is Wednesday, January 16th. This is a positive change from ProShares UltraShort DJ-UBS Commodity’s previous dividend of $0.09.

NYSEARCA CMD opened at $78.64 on Friday. ProShares UltraShort DJ-UBS Commodity has a 12-month low of $69.36 and a 12-month high of $130.92.

ProShares UltraShort DJ-UBS Commodity (NYSEARCA:CMD) last issued its earnings results on Thursday, November 29th. The medical instruments supplier reported $0.62 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.60 by $0.02. The business had revenue of $225.60 million for the quarter, compared to analyst estimates of $227.50 million. During the same period in the previous year, the firm posted $0.57 EPS. The firm’s revenue was up 6.0% compared to the same quarter last year.



Several research firms recently weighed in on CMD. Zacks Investment Research upgraded ProShares UltraShort DJ-UBS Commodity from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 27th. Raymond James cut their target price on ProShares UltraShort DJ-UBS Commodity from $115.00 to $108.00 and set an “outperform” rating for the company in a research report on Friday, September 28th. Finally, Sidoti set a $120.00 price target on ProShares UltraShort DJ-UBS Commodity and gave the company a “buy” rating in a research note on Friday, September 28th.

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ProShares UltraShort DJ-UBS Commodity Company Profile

ProShares UltraShort DJ-UBS Commodity (the Fund), formerly ProShares UltraShort DJ-AIG Commodity is an exchange-traded fund (ETF). The Fund seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of The Dow Jones-UBS Commodity Index. The Dow Jones-UBS Commodity Index allows investors to track the commodity futures market.

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Dividend History for ProShares UltraShort DJ-UBS Commodity (NYSEARCA:CMD)

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