ProShares UltraPro QQQ (NASDAQ:TQQQ) to Issue Dividend Increase – $0.09 Per Share

ProShares UltraPro QQQ (NASDAQ:TQQQ) declared a quarterly dividend on Tuesday, December 23rd. Shareholders of record on Wednesday, December 24th will be given a dividend of 0.0855 per share by the exchange traded fund on Wednesday, December 31st. This represents a c) annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Wednesday, December 24th. This is a 74.9% increase from ProShares UltraPro QQQ’s previous quarterly dividend of $0.05.

ProShares UltraPro QQQ Trading Up 0.0%

Shares of NASDAQ TQQQ traded up $0.00 during trading on Wednesday, reaching $55.01. The company had a trading volume of 7,323,441 shares, compared to its average volume of 145,930,813. ProShares UltraPro QQQ has a twelve month low of $17.50 and a twelve month high of $60.69. The stock has a 50-day moving average price of $53.97 and a two-hundred day moving average price of $48.15. The stock has a market capitalization of $28.85 billion, a PE ratio of 38.25 and a beta of 3.46.

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.