ProShares UltraShort 20+ Year Treasury to Issue Quarterly Dividend of $0.05 (NYSEARCA:TBT)

ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT) declared a quarterly dividend on Wednesday, March 25th, Wall Street Journal reports. Stockholders of record on Thursday, March 26th will be paid a dividend of 0.052 per share by the exchange traded fund on Wednesday, April 1st. This represents a $0.21 dividend on an annualized basis and a dividend yield of 1.28%. The ex-dividend date of this dividend is Wednesday, March 25th.

NYSEARCA TBT traded down $0.56 during mid-day trading on Thursday, reaching $16.25. 50,671 shares of the stock were exchanged, compared to its average volume of 3,473,706. ProShares UltraShort 20+ Year Treasury has a 1-year low of $14.51 and a 1-year high of $34.49. The business’s fifty day simple moving average is $20.31 and its 200 day simple moving average is $24.02.

ProShares UltraShort 20+ Year Treasury Company Profile

ProShares UltraShort 20+ Year Treasury (the Fund), formerly ProShares UltraShort Lehman 20+ Year Treasury, seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Barclays Capital 20+ Year U.S. Treasury Bond Index (the Index). The Index includes all publicly issued, the United States Treasury securities that have a remaining maturity greater than 20 years, are non-convertible, are denominated in United States dollars, are rated investment grade (at least Baa3 by Moody’s Investors Service or BBB- by Standard & Poor’s (S&P)), are fixed rate, and have more than $250 million par outstanding.

Read More: Return on Investment (ROI) Defined, Explained

Dividend History for ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT)

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