ProShares Equities For Rising Rates ETF (NASDAQ:EQRR) Declares Quarterly Dividend of $0.23

ProShares Equities For Rising Rates ETF (NASDAQ:EQRR) announced a quarterly dividend on Tuesday, March 24th, NASDAQ Dividends reports. Shareholders of record on Wednesday, March 25th will be given a dividend of 0.2334 per share on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 1.3%. The ex-dividend date is Wednesday, March 25th. This is a 6.6% increase from ProShares Equities For Rising Rates ETF’s previous quarterly dividend of $0.22.

ProShares Equities For Rising Rates ETF Stock Performance

Shares of EQRR remained flat at $69.74 during trading on Wednesday. The company’s stock had a trading volume of 140 shares, compared to its average volume of 374. The company has a market cap of $11.86 million, a P/E ratio of 16.51 and a beta of 1.09. The business’s fifty day moving average price is $67.80 and its two-hundred day moving average price is $65.10. ProShares Equities For Rising Rates ETF has a one year low of $50.65 and a one year high of $69.94.

ProShares Equities For Rising Rates ETF Company Profile

The ProShares Equities for Rising Rates ETF (EQRR) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of 50 US-listed large-cap stocks that are anticipated to perform favorably during periods of rising interest rates. EQRR was launched on Jul 24, 2017 and is managed by ProShares.