ProShares Ultra Health Care (RXL) Declares $0.05 Quarterly Dividend

ProShares Ultra Health Care (NYSEARCA:RXL) announced a quarterly dividend on Thursday, September 27th, Wall Street Journal reports. Investors of record on Thursday, September 27th will be given a dividend of 0.0532 per share on Wednesday, October 3rd. This represents a $0.21 dividend on an annualized basis and a yield of 0.18%. The ex-dividend date is Wednesday, September 26th.

RXL traded up $1.09 during trading hours on Thursday, reaching $115.59. 8,290 shares of the stock traded hands, compared to its average volume of 10,371. ProShares Ultra Health Care has a fifty-two week low of $79.39 and a fifty-two week high of $116.28.

About ProShares Ultra Health Care

ProShares Ultra Health Care (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones U.S. Health Care Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, under normal circumstances, to equity securities contained in the Index and/or financial instruments that, in combination, have similar economic characteristics.

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