ProShares Ultra 7-10 Year Treasury ETF (NYSEARCA:UST) Announces Quarterly Dividend of $0.17

ProShares Ultra 7-10 Year Treasury ETF (NYSEARCA:UST) announced a quarterly dividend on Tuesday, December 26th, Wall Street Journal reports. Stockholders of record on Wednesday, December 27th will be given a dividend of 0.1689 per share on Thursday, January 4th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.20%. The ex-dividend date is Tuesday, December 26th.

ProShares Ultra 7-10 Year Treasury ETF (NYSEARCA:UST) traded up $0.18 during trading hours on Thursday, hitting $56.47. 1,400 shares of the stock were exchanged, compared to its average volume of 50,771. ProShares Ultra 7-10 Year Treasury ETF has a 1 year low of $54.91 and a 1 year high of $60.83.

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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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