ProShares Ultra Oil & Gas (NYSEARCA:DIG) announced a quarterly dividend on Wednesday, March 25th, Wall Street Journal reports. Investors of record on Thursday, March 26th will be paid a dividend of 0.0536 per share by the exchange traded fund on Wednesday, April 1st. This represents a $0.21 dividend on an annualized basis and a yield of 4.14%. The ex-dividend date of this dividend is Wednesday, March 25th.
Shares of DIG stock traded up $0.45 during mid-day trading on Thursday, reaching $5.18. The company’s stock had a trading volume of 96,365 shares, compared to its average volume of 561,437. The company’s 50 day simple moving average is $13.63 and its 200-day simple moving average is $21.25. ProShares Ultra Oil & Gas has a 12-month low of $3.05 and a 12-month high of $33.40.
ProShares Ultra Oil & Gas Company Profile
ProShares Ultra Oil & Gas (the fund) seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones U.S. Oil & Gas Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, under normal circumstances, to equity securities contained in the Index and/or financial instruments that, in combination, have similar economic characteristics.
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