ProShares UltraShort Real Estate (SRS) Declares $0.06 Quarterly Dividend

ProShares UltraShort Real Estate (NYSEARCA:SRS) declared a quarterly dividend on Thursday, September 27th, Wall Street Journal reports. Investors of record on Thursday, September 27th will be given a dividend of 0.0629 per share on Wednesday, October 3rd. This represents a $0.25 annualized dividend and a yield of 0.88%. The ex-dividend date of this dividend is Wednesday, September 26th.

SRS stock traded down $0.20 during trading on Thursday, hitting $28.55. The company had a trading volume of 15,373 shares, compared to its average volume of 39,892. ProShares UltraShort Real Estate has a 52-week low of $26.08 and a 52-week high of $37.33.

ProShares UltraShort Real Estate Company Profile

ProShares UltraShort Real Estate (the Fund) seeks daily investment results that correspond to twice the inverse daily performance of the Dow Jones U.S. Real Estate Index (the Index). The Index measures the performance of the real estate sector of the United States equity market. Component companies include those that invest directly or indirectly through development, management or ownership of shopping malls, apartment buildings and housing developments, and real estate investment trusts (REITs) that invest in apartments, office and retail properties.

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