ProShares Ultra Telecommunications (LTL) Plans Quarterly Dividend of $0.07
ProShares Ultra Telecommunications (NYSEARCA:LTL) announced a quarterly dividend on Wednesday, June 21st, Wall Street Journal reports. Stockholders of record on Friday, June 23rd will be given a dividend of 0.0655 per share by the exchange traded fund on Thursday, June 29th. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.50%. The ex-dividend date of this dividend is Wednesday, June 21st.
ProShares Ultra Telecommunications (NYSEARCA:LTL) traded up 0.000000% during midday trading on Wednesday, hitting $52.325832. The stock had a trading volume of 12 shares. The stock’s 50-day moving average is $53.44 and its 200-day moving average is $67.65. ProShares Ultra Telecommunications has a 1-year low of $42.44 and a 1-year high of $69.71.
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About ProShares Ultra Telecommunications
ProShares Ultra Telecommunications (the Fund) seeks daily investment results that correspond to twice the daily performance of the Dow Jones U.S. Select Telecommunications Index (the Index). The Dow Jones U.S. Technology Index measures providers of fixed-line and mobile telephone services. Fixed-line includes regional and long-distance carriers.
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