ProShares Ultra 7-10 Year Treasury ETF to Issue Quarterly Dividend of $0.16 (UST)
ProShares Ultra 7-10 Year Treasury ETF (NYSEARCA:UST) announced a quarterly dividend on Wednesday, March 21st, Wall Street Journal reports. Investors of record on Thursday, March 22nd will be paid a dividend of 0.1553 per share on Wednesday, March 28th. This represents a $0.62 dividend on an annualized basis and a yield of 1.16%. The ex-dividend date is Wednesday, March 21st.
Shares of ProShares Ultra 7-10 Year Treasury ETF stock opened at $53.58 on Thursday. ProShares Ultra 7-10 Year Treasury ETF has a 1 year low of $53.04 and a 1 year high of $60.83.
About ProShares Ultra 7-10 Year Treasury ETF
ProShares Ultra 7-10 Year Treasury (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the Barclays Capital 7-10 Year U.S. Treasury Index (the Index). The Index includes all publicly issued, the United States Treasury securities that have a remaining maturity of between 7 and 10 years, are non-convertible, are denominated in United States dollars, are rated (at least Baa3 by Moody’s Investors Service or BBB- by S&P), are fixed rate, and have more than $250 million par outstanding.
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