ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) Raises Dividend to $0.29 Per Share

ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) announced a quarterly dividend on Tuesday, September 22nd. Shareholders of record on Wednesday, September 23rd will be paid a dividend of 0.2893 per share on Tuesday, September 29th. This represents a c) annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Wednesday, September 23rd. This is a 15.6% increase from ProShares Ultra Nasdaq Cybersecurity ETF’s previous quarterly dividend of $0.25.

ProShares Ultra Nasdaq Cybersecurity ETF Stock Up 2.4%

Shares of UCYB traded up $2.29 during midday trading on Wednesday, reaching $97.98. The company had a trading volume of 7,850 shares, compared to its average volume of 5,139. ProShares Ultra Nasdaq Cybersecurity ETF has a 1-year low of $36.03 and a 1-year high of $98.06. The firm has a 50 day simple moving average of $84.57 and a 200-day simple moving average of $66.72. The stock has a market cap of $10.78 million, a PE ratio of 24.20 and a beta of 1.89.

About ProShares Ultra Nasdaq Cybersecurity ETF

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.