ProShares UltraShort Communication Services Select Sector (NYSEARCA:YCOM) to Issue Quarterly Dividend of $0.05

ProShares UltraShort Communication Services Select Sector (NYSEARCA:YCOM) declared a quarterly dividend on Wednesday, March 25th, Wall Street Journal reports. Shareholders of record on Thursday, March 26th will be given a dividend of 0.0537 per share on Wednesday, April 1st. This represents a $0.21 dividend on an annualized basis and a yield of 0.61%. The ex-dividend date is Wednesday, March 25th. This is an increase from ProShares UltraShort Communication Services Select Sector’s previous quarterly dividend of $0.05.

ProShares UltraShort Communication Services Select Sector stock remained flat at $$35.47 on Thursday. ProShares UltraShort Communication Services Select Sector has a 1-year low of $22.48 and a 1-year high of $42.43. The company has a fifty day simple moving average of $28.70 and a 200-day simple moving average of $28.05.

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