ProShares UltraPro QQQ (NASDAQ:TQQQ) to Issue Dividend Increase – $0.17 Per Share

ProShares UltraPro QQQ (NASDAQ:TQQQ) declared a quarterly dividend on Tuesday, June 23rd. Shareholders of record on Wednesday, June 24th will be given a dividend of 0.1712 per share by the exchange traded fund on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Wednesday, June 24th. This is a 139.1% increase from ProShares UltraPro QQQ’s previous quarterly dividend of $0.07.

ProShares UltraPro QQQ Stock Down 2.0%

NASDAQ TQQQ traded down $1.51 during trading hours on Wednesday, hitting $72.93. The company’s stock had a trading volume of 70,238,602 shares, compared to its average volume of 91,464,156. ProShares UltraPro QQQ has a twelve month low of $37.32 and a twelve month high of $88.09. The firm has a market capitalization of $35.97 billion, a P/E ratio of 38.25 and a beta of 3.71. The stock has a fifty day moving average of $72.70 and a 200 day moving average of $58.38.

ProShares UltraPro QQQ Company Profile

Proshares UltraPro QQQ ETF (the Fund) seeks daily investment results, before fees and expenses that correspond to triple (300%) the daily performance of the NASDAQ-100 Index (the Index). The Fund invests in equity securities, derivatives, such as futures contracts, swap agreements, and money market instruments. ProShare Advisors LLC (ProShare Advisors) provides the investment advisory and management services for the Fund.