ProShares Ultra S&P500 (ETF) Announces Quarterly Dividend of $0.06 (SSO)
ProShares Ultra S&P500 (ETF) (NYSE:SSO) announced a quarterly dividend on Wednesday, September 21st. Investors of record on Friday, September 23rd will be given a dividend of 0.0606 per share by the real estate investment trust on Thursday, September 29th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.34%. The ex-dividend date is Wednesday, September 21st.
ProShares Ultra S&P500 (NYSE:SSO) traded up 2.17% during mid-day trading on Wednesday, hitting $70.64. The company had a trading volume of 3,483,900 shares. ProShares Ultra S&P500 has a one year low of $49.31 and a one year high of $72.71. The company’s 50 day moving average price is $71.09 and its 200-day moving average price is $66.81.
Separately, Deutsche Bank AG increased their price objective on ProShares Ultra S&P500 (ETF) to $11.50 and gave the company a “hold” rating in a research note on Wednesday, June 8th.
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ProShares Ultra S&P500 (ETF) Company Profile
ProShares Ultra S&P500 (the Fund), formerly Ultra S&P500 ProShares, seeks daily investment results that correspond to twice (200%) the daily performance of the S&P 500 Index. The S&P 500 Index is a measure of large-cap United States stock market performance. It is a float-adjusted market capitalization weighted index of 500 United States operating companies and real estate investment trusts (REITs) selected by the S&P U.S.
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