ProShares Short Russell2000 to Issue Quarterly Dividend of $0.05 (NYSEARCA:RWM)

ProShares Short Russell2000 (NYSEARCA:RWM) declared a quarterly dividend on Wednesday, March 25th, Wall Street Journal reports. Shareholders of record on Thursday, March 26th will be paid a dividend of 0.05 per share on Wednesday, April 1st. This represents a $0.20 dividend on an annualized basis and a yield of 0.42%. The ex-dividend date of this dividend is Wednesday, March 25th.

RWM traded down $3.04 during trading on Thursday, reaching $47.38. The company had a trading volume of 30,521 shares, compared to its average volume of 978,516. ProShares Short Russell2000 has a 12 month low of $35.94 and a 12 month high of $59.19. The business’s fifty day moving average price is $42.76 and its 200 day moving average price is $39.68.

ProShares Short Russell2000 Company Profile

ProShares Short Russell2000 (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the Russell 2000 Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, to investments that, in combination, have economic characteristics that are inverse to those of the Index.

Further Reading: How are dividend achievers different from dividend aristocrats?

Dividend History for ProShares Short Russell2000 (NYSEARCA:RWM)

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