ProShares UltraShort Lehman 7-10 Year Treasury (PST) To Go Ex-Dividend on June 24th

ProShares UltraShort Lehman 7-10 Year Treasury (NYSEARCA:PST) declared a quarterly dividend on Tuesday, June 23rd. Investors of record on Wednesday, June 24th will be paid a dividend of 0.1373 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Wednesday, June 24th. This is a 27.4% increase from ProShares UltraShort Lehman 7-10 Year Treasury’s previous quarterly dividend of $0.11.

ProShares UltraShort Lehman 7-10 Year Treasury Trading Down 1.7%

NYSEARCA PST opened at $22.67 on Thursday. ProShares UltraShort Lehman 7-10 Year Treasury has a fifty-two week low of $21.39 and a fifty-two week high of $23.61. The stock has a 50 day simple moving average of $22.87 and a two-hundred day simple moving average of $22.42.

About ProShares UltraShort Lehman 7-10 Year Treasury

ProShares UltraShort 7-10 Year Treasury seeks daily investment results, which correspond to twice (200%) the inverse (opposite) of the daily performance of the Barclays Capital 7-10 Year U.S. Treasury Index. The Barclays Capital 7-10 Year U.S. Treasury Index includes all publicly issued, the United States Treasury securities, which have a remaining maturity of between seven and 10 years, are non-convertible and are denominated in the United States dollars, are rated (at least Baa3 by Moody’s Investors Service or BBB- by S&P) and are fixed rate.