ProShares UltraShort QQQ (NYSEARCA:QID) Announces $0.07 Quarterly Dividend

ProShares UltraShort QQQ (NYSEARCA:QID) announced a quarterly dividend on Wednesday, March 25th, Wall Street Journal reports. Stockholders of record on Thursday, March 26th will be given a dividend of 0.0654 per share by the exchange traded fund on Wednesday, April 1st. This represents a $0.26 dividend on an annualized basis and a dividend yield of 1.07%. The ex-dividend date of this dividend is Wednesday, March 25th.

Shares of NYSEARCA QID traded down $1.52 during midday trading on Thursday, reaching $24.37. The company’s stock had a trading volume of 904,349 shares, compared to its average volume of 7,767,321. ProShares UltraShort QQQ has a fifty-two week low of $18.75 and a fifty-two week high of $38.66. The stock has a 50 day simple moving average of $23.35 and a 200-day simple moving average of $25.38.

ProShares UltraShort QQQ Company Profile

ProShares UltraShort QQQ (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the NASDAQ-100 Index (the Index). The NASDAQ-100 Index includes 100 of the largest domestic and international non-financial companies listed on The NASDAQ Stock Market based on market capitalization.

Recommended Story: What are high-yield dividend stocks?

Dividend History for ProShares UltraShort QQQ (NYSEARCA:QID)

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