ProShares Ultra Communication Services Select Sector (NYSEARCA:XCOM) to Issue Quarterly Dividend of $0.02

ProShares Ultra Communication Services Select Sector (NYSEARCA:XCOM) declared a quarterly dividend on Wednesday, March 25th, Wall Street Journal reports. Investors of record on Thursday, March 26th will be paid a dividend of 0.0158 per share on Wednesday, April 1st. This represents a $0.06 annualized dividend and a yield of 0.20%. The ex-dividend date is Wednesday, March 25th. This is a positive change from ProShares Ultra Communication Services Select Sector’s previous quarterly dividend of $0.00976.

XCOM remained flat at $$31.92 during trading on Thursday. The company’s stock had a trading volume of 3 shares, compared to its average volume of 378. ProShares Ultra Communication Services Select Sector has a one year low of $29.02 and a one year high of $63.10. The business’s fifty day moving average price is $48.97 and its two-hundred day moving average price is $51.19.

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