ProShares UltraShort Financials (NYSEARCA:SKF) Announces $0.01 Quarterly Dividend

ProShares UltraShort Financials (NYSEARCA:SKF) 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 0.0084 per share on Wednesday, April 1st. This represents a $0.03 dividend on an annualized basis and a yield of 0.17%. The ex-dividend date of this dividend is Wednesday, March 25th.

ProShares UltraShort Financials stock traded down $1.71 during mid-day trading on Thursday, reaching $19.30. The company had a trading volume of 8,462 shares, compared to its average volume of 150,295. ProShares UltraShort Financials has a 52 week low of $12.64 and a 52 week high of $30.35. The company has a 50 day moving average of $17.03 and a 200-day moving average of $15.34.

ProShares UltraShort Financials Company Profile

ProShares UltraShort Financials (the Fund) seeks daily investment results that correspond to twice the inverse daily performance of the Dow Jones U.S. Financials Index (the Index). The Index measures the performance of the financial services industry of the United States equity market. Component companies include regional banks; United States-domiciled international banks; full line, life and property and casualty insurance companies; companies that invest directly or indirectly in real estate; diversified financial companies, such as Federal National Mortgage Association, credit card issuers and investment advisers; securities brokers and dealers, including investment banks, merchant banks and online brokers, and publicly traded stock exchanges.

Recommended Story: Stock Ratings and Recommendations: Understanding Analyst Upgrades and Downgrades

Dividend History for ProShares UltraShort Financials (NYSEARCA:SKF)

Receive News & Ratings for ProShares UltraShort Financials Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares UltraShort Financials and related companies with's FREE daily email newsletter.