ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) Raises Dividend to $0.38 Per Share

ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) declared a quarterly dividend on Tuesday, December 23rd. Stockholders of record on Wednesday, December 24th will be given a dividend of 0.3793 per share on Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Wednesday, December 24th. This is a 24.7% increase from ProShares Ultra Nasdaq Cybersecurity ETF’s previous quarterly dividend of $0.30.

ProShares Ultra Nasdaq Cybersecurity ETF Stock Down 3.1%

Shares of ProShares Ultra Nasdaq Cybersecurity ETF stock traded down $1.76 during trading hours on Wednesday, hitting $54.26. The company’s stock had a trading volume of 202 shares, compared to its average volume of 1,618. The business has a fifty day moving average of $58.45 and a 200 day moving average of $58.98. The company has a market capitalization of $7.60 million, a PE ratio of 24.20 and a beta of 1.69. ProShares Ultra Nasdaq Cybersecurity ETF has a 1-year low of $34.96 and a 1-year high of $64.75.

ProShares Ultra Nasdaq Cybersecurity ETF Company Profile

The ProShares Ultra Nasdaq Cybersecurity (UCYB) is an exchange-traded fund that is based on the Nasdaq CTA Cybersecurity index. The fund provides daily 2x leveraged exposure to a liquidity-weighted index that targets companies engaged in the global cybersecurity industry. UCYB was launched on Jan 19, 2021 and is managed by ProShares.