ProShares UltraShort Technology Plans Quarterly Dividend of $0.01 (NYSEARCA:REW)

ProShares UltraShort Technology (NYSEARCA:REW) declared a quarterly dividend on Wednesday, March 25th, Wall Street Journal reports. Stockholders of record on Thursday, March 26th will be given a dividend of 0.0097 per share on Wednesday, April 1st. This represents a $0.04 annualized dividend and a dividend yield of 0.31%. The ex-dividend date of this dividend is Wednesday, March 25th.

Shares of REW traded down $1.09 during mid-day trading on Thursday, hitting $12.50. 576 shares of the company’s stock traded hands, compared to its average volume of 44,702. ProShares UltraShort Technology has a 1 year low of $9.89 and a 1 year high of $22.72. The business’s 50-day moving average price is $12.62 and its 200-day moving average price is $13.73.

About ProShares UltraShort Technology

ProShares UltraShort Technology (the Fund) seeks daily investment results that correspond to twice the inverse daily performance of the Dow Jones U.S. Technology Index (the Index). The Index measures the performance of the technology industry of the United States equity market. Component companies include those involved in computers and office equipment, software, communications technology, semiconductors, diversified technology services and Internet services.

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Dividend History for ProShares UltraShort Technology (NYSEARCA:REW)

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