ProShares Equities For Rising Rates ETF (NASDAQ:EQRR) Raises Dividend to $0.21 Per Share

ProShares Equities For Rising Rates ETF (NASDAQ:EQRR) announced a quarterly dividend on Tuesday, September 22nd. Stockholders of record on Wednesday, September 23rd will be given a dividend of 0.2114 per share on Tuesday, September 29th. This represents a c) dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Wednesday, September 23rd. This is a 6.7% increase from ProShares Equities For Rising Rates ETF’s previous quarterly dividend of $0.20.

ProShares Equities For Rising Rates ETF Stock Performance

Shares of NASDAQ:EQRR traded down $0.11 during trading on Wednesday, reaching $85.09. 5,367 shares of the stock traded hands, compared to its average volume of 17,911. The stock has a market cap of $35.74 million, a P/E ratio of 16.51 and a beta of 0.91. The stock has a 50-day moving average of $85.04 and a two-hundred day moving average of $78.78. ProShares Equities For Rising Rates ETF has a 52-week low of $60.61 and a 52-week high of $88.85.

ProShares Equities For Rising Rates ETF Company Profile

The ProShares Equities for Rising Rates ETF (EQRR) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of 50 US-listed large-cap stocks that are anticipated to perform favorably during periods of rising interest rates. EQRR was launched on Jul 24, 2017 and is managed by ProShares.