ProShares Short S&P500 (NYSEARCA:SH) announced a quarterly dividend on Thursday, September 27th, Wall Street Journal reports. Shareholders of record on Thursday, September 27th will be given a dividend of 0.1081 per share by the real estate investment trust on Wednesday, October 3rd. This represents a $0.43 dividend on an annualized basis and a dividend yield of 1.58%. The ex-dividend date is Wednesday, September 26th. This is a positive change from ProShares Short S&P500’s previous quarterly dividend of $0.04.
Shares of ProShares Short S&P500 stock traded down $0.06 on Thursday, reaching $27.31. The company’s stock had a trading volume of 2,323,939 shares, compared to its average volume of 3,987,878. ProShares Short S&P500 has a 52 week low of $27.15 and a 52 week high of $32.36.
About ProShares Short S&P500
ProShares Short S&P500 (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the S&P 500 Index (the Index). The S&P 500 Index is a measure of large-cap United States stock market performance. It is a capitalization weighted index of 500 United States operating companies and selected real estate investment trusts.
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