ProShares Ultra 7-10 Year Treasury (UST) Announces Dividend Increase – $0.25 Per Share

ProShares Ultra 7-10 Year Treasury (NYSEARCA:UST) announced a quarterly dividend on Thursday, September 27th, Wall Street Journal reports. Shareholders of record on Thursday, September 27th will be paid a dividend of 0.2549 per share on Wednesday, October 3rd. This represents a $1.02 annualized dividend and a dividend yield of 1.94%. The ex-dividend date of this dividend is Wednesday, September 26th. This is an increase from ProShares Ultra 7-10 Year Treasury’s previous quarterly dividend of $0.16.

Shares of UST traded up $0.12 during mid-day trading on Thursday, hitting $52.53. The stock had a trading volume of 42,569 shares, compared to its average volume of 32,477. ProShares Ultra 7-10 Year Treasury has a 52 week low of $51.89 and a 52 week high of $58.69.

ProShares Ultra 7-10 Year Treasury Company Profile

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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