ProShares K-1 Free Crude Oil ETF (BATS:OILK) Increases Dividend to $0.32 Per Share

ProShares K-1 Free Crude Oil ETF (BATS:OILK) announced a dividend on Friday, February 28th, NASDAQ Dividends reports. Shareholders of record on Monday, March 3rd will be paid a dividend of 0.3218 per share on Friday, March 7th. The ex-dividend date of this dividend is Monday, March 3rd. This is a boost from ProShares K-1 Free Crude Oil ETF’s previous dividend of $0.31.

ProShares K-1 Free Crude Oil ETF Trading Down 6.7 %

OILK stock traded down $3.12 during midday trading on Friday, hitting $43.28. 42,978 shares of the company’s stock were exchanged. The firm has a 50 day moving average price of $44.55 and a 200-day moving average price of $43.87. ProShares K-1 Free Crude Oil ETF has a 12-month low of $16.59 and a 12-month high of $23.87. The stock has a market capitalization of $70.55 million, a price-to-earnings ratio of 35.09 and a beta of 0.75.

About ProShares K-1 Free Crude Oil ETF

The ProShares K-1 Free Crude Oil Strategy ETF (OILK) is an exchange-traded fund that mostly invests in crude oil commodities. The fund tracks an index holding three separate contracts at equal-weighting with different roll schedules. OILK was launched on Sep 26, 2016 and is managed by ProShares.