ProShares Short Real Estate (NYSEARCA:REK) Declares $0.01 Quarterly Dividend

ProShares Short Real Estate (NYSEARCA:REK) 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 0.0079 per share on Wednesday, April 1st. This represents a $0.03 dividend on an annualized basis and a yield of 0.20%. The ex-dividend date is Wednesday, March 25th.

REK traded down $0.92 during trading on Thursday, reaching $15.73. 6,488 shares of the company traded hands, compared to its average volume of 29,024. ProShares Short Real Estate has a 12-month low of $11.95 and a 12-month high of $19.63. The firm has a fifty day simple moving average of $13.69 and a 200 day simple moving average of $13.16.

About ProShares Short Real Estate

ProShares Short Real Estate (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the Dow Jones U.S. Real Estate Index (the Index). The Index measures the performance of the real estate sector of the United States equity market. Component companies include those that invest directly or indirectly through development, management or ownership of shopping malls, apartment buildings and housing developments; and real estate investment trusts (REITs) that invest in apartments, office and retail properties.

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Dividend History for ProShares Short Real Estate (NYSEARCA:REK)

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